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Businesses Turn to Open-Weight AI Models to Rein In Soaring Costs

FTBusinesses across sectors embrace open-weight AI amid cost surge

2 Sep 27 1:00 PM · 1d ago · 2 articles · 2 sources · development 2 of 2

The Financial Times reported that companies including PNC Financial Services, CH Robinson and Siemens have discussed using open-weight models, and that references to "open weight" or "open source" AI in earnings calls jumped sixfold in August-September 2026 versus a year earlier.

FT: businesses across sectors embrace open-weight AI amid cost surge
pymnts.com

“In January we were spending at the rate of $1 million per year and by July it had climbed to $10 million … I don't want another 10X increase.”

Vinay Kuruvila

Vinay Kuruvila Chief Technology Officer at TinderNvidia AI chipmakerPNC Financial Services BankCH Robinson Logistics companySiemens Industrial conglomerate

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1Bloomberg: developers shift to…2FT: businesses across sectors embrace…
Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27yesterdaynow · 5:23 AM ET

What was reported 1 claim about this development

  1. 1 outlet Businesses Embrace Open-Weight AI Amid Heavy Tech Costs

    first by PYMNTS, 1d ago

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