AI memory startup focused on cutting token costs raises $98 million - CNBC

You bought an AI tool. Nobody used it. $200/month gone. That's not a you problem. That's a vendor problem. Here's something the AI industry quietly admits: costs are exploding. A well-funded startup

You bought an AI tool. Nobody used it. $200/month gone.

That's not a you problem. That's a vendor problem.

Here's something the AI industry quietly admits: costs are exploding. A well-funded startup just raised $98 million specifically to solve the problem of AI tools becoming too expensive to run. Even the companies building this stuff are struggling with runaway costs.

What that means for you — the tools being sold to you today are often priced for the vendor's growth, not your ROI. You're not imagining it. The math frequently doesn't work.

But here's the shift worth making. Stop evaluating AI tools by features. Start evaluating them by cost-per-task-replaced. One boring, repeatable task your team does daily. What does it cost in labor? What would it cost to automate? That's your starting number.

When you find a tool where automation costs less than the labor it replaces within 30 days, you've found your first win. Everything else is noise.

Pick one task. Run the numbers. That's it.

What AI tool did you pay for that nobody on your team actually ended up using — and what do you think killed the adoption?

#AIStrategy #SmallBusiness #BusinessGrowth #AIImplementation

Original Source

Engram enters the market as the AI industry grapples with a rising cost problem fueled by more expensive models.