Companies are shifting toward cheaper open‑source AI models to rein in costs, Amazon CTO says

Werner Vogels, CTO, Amazon on stage. (Credit: Photo By Vaughn Ridley/Sportsfile for Web Summit via Getty Images))

Companies worried about mounting AI bills are increasingly shifting to cheaper, open-source models, according to Amazon’s chief technology officer, Werner Vogels.

“We see a shift happening between the cheaper open source models and the bigger expensive models,” Vogels said in an interview on the sidelines of the UN’s AI for Good summit.