New Delhi, May 29 -- The rapid adoption of artificial intelligence (AI) across industries is triggering concerns over surging costs and inefficient usage, even as companies continue to aggressively invest in the technology, according to a latest report by Jefferies.

The report said that while AI adoption is accelerating globally, many corporations are now facing a backlash over escalating compute expenses driven by employee experimentation with AI tools.

The report noted that "AI for now is costing more money than it is saving", highlighting growing concerns among hyperscalers and corporate users over rising expenditure despite falling token costs.

Jefferies said a specialist AI conference attended by chief information officers this we...