New Delhi, June 17 -- Big Tech is spending billions of dollars to lower the cost of training and running AI models. For these giants, controlling all parts of the AI ecosystem gives them a significant cost advantage. Can this help them sell AI at scale globally? Where does India stand in this journey? Mint explains.

When ChatGPT took over the world on 30 November 2022, generative AI was too expensive to run at scale-about $20 for a query of 1 million tokens (units of data that are processed and generated by AI models). The cost was simply too prohibitive to deploy at scale. As a result, companies conducted pilot projects with limited budgets over the past four years to see proof of the technology.

After three full fiscals, tech firms re...