After the AI binge, companies balk at soaring bills

NEW YORK — Artificial intelligence is getting expensive — and companies are starting to rethink their embrace of the disruptive technology. Playing by a well-worn Silicon Valley playbook, AI companies charged rock-bottom prices to hook customers after ChatGPT burst onto the scene. Kevin Simback of startup incubator Delphi Labs calls it the era of “subsidized intelligence” — meaning investors were basically footing the bill so companies could offer AI on the cheap. &