NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI

The initial enthusiasm around pushing AI usage to its limits in Silicon Valley has given way to a more cautious approach as companies face the high costs and begin to reassess their AI investments. Tiffany Luck from NEA notes that enterprises are still grappling with understanding the return on investment for their AI initiatives. This shift signifies a broader trend where companies are reevaluating their AI strategies to ensure they align with long-term value creation, rather than short-term gains.