Top 1% companies now spending Rs 7 lakh on AI for every employee, report says

The top 1 per cent of companies are now spending Rs 7 lakh on AI for every employee, a new report says. This cost rose sharply from Rs 2,47,500 in January. As Nvidia executive Bryan Catanzaro said in April, “For my team, the cost of compute is far beyond the costs of the employees.”