fromFuturism
12 hours agoThe Economics of Running an AI Company Are Disastrous
AI companies are spending untold billions of dollars building out data centers to support behemoth AI models - and a return on their investments is still nowhere in sight. Valuations have soared well past the trillion-dollar mark, with AI chipmaker Nvidia becoming the world's most valuable company with a market cap that recently topped $4.5 trillion. But that's all, despite AI company revenues barely making a dent on balance sheets.
Artificial intelligence