Amazon finds cases of AI causing runaway spending on tech projects

"...During a presentation this week, employees were told about one instance in which the company spent $1.8mn on matching author details with listings on the group’s ecommerce website using Anthropic’s Claude Sonnet AI model despite the deployment failing, the people said.

The spending represented an 860 per cent cost overrun compared to the project’s budget and took five months to detect, they added..."