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Tech giants like Amazon and Walmart curb AI spending as costs skyrocket due to AI agents

Amazon and Meta are cutting back on AI tool spending as AI agent costs surge. The transition to complex AI agents, which require more compute and are priced per token, has driven up expenses, prompting companies to impose usage limits and optimize deployment. This move highlights the growing challenge of managing the operational costs associated with advanced AI capabilities.

ET CIO·Jun 20, 2026

Opening Kapyn…