Target India head says retailer weighing AI tool costs amid shift to usage-based pricing

Target India's head revealed a strategic shift driven by AI pricing changes. Usage-based AI costs are prompting the U.S. retailer to reassess tool accessibility for employees. This move involves significant investments to equip teams with necessary AI capabilities. Target is adapting to evolving consumer demand and economic conditions. The company plans substantial spending on new stores, remodels, and AI initiatives.