Big Tech’s big AI buildout will not end until someone stops it
Summary
Major technology companies continue to invest record amounts of money in artificial intelligence data centers. Recent quarterly earnings reports show that these massive infrastructure investments are not yet generating the anticipated financial returns.
After four of the biggest competitors in the AI race held quarterly earnings calls late last month, two things are clear: Big Tech is not done spending record amounts on the AI data center buildout, and the AI data center buildout is not any closer to yielding its promised returns. A third thing is also starting to become clear -…
Source: Read the full story at The Verge
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