The cost of running an AI system can vary based on the complexity of the system, technology used, and operational requirements. From development to ongoing maintenance, businesses need to consider every factor to ensure they budget properly. Understanding these elements can help organizations optimize their AI systems and calculate a solid return on investment.

AI development involves many expenses, including data management, software, hardware, and labor. This guide breaks down these costs and provides a comprehensive approach to budgeting for AI in various industries.