The new frontier: Meet the power players cashing in on the AI gold rush

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If there is one unifying theme across the entire AI industry over the past year, it has been data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/semiconductors/how-the-ai-revolution-is-triggering-a-hardware-arms-race-and-pushing-up-prices” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/semiconductors/how-the-ai-revolution-is-triggering-a-hardware-arms-race-and-pushing-up-prices”>staggering, unprecedented investment. Hundreds of data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/openai-signs-contract-to-buy-usd300-billion-worth-of-oracle-computing-power-over-the-next-five-years-company-needs-4-5-gigawatts-of-power-enough-to-power-four-million-homes” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/openai-signs-contract-to-buy-usd300-billion-worth-of-oracle-computing-power-over-the-next-five-years-company-needs-4-5-gigawatts-of-power-enough-to-power-four-million-homes”>billions of dollars have poured into data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/artificial-intelligence/despite-whispers-of-a-bubble-openai-is-planning-a-gigawatt-scale-data-center-in-india” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/artificial-intelligence/despite-whispers-of-a-bubble-openai-is-planning-a-gigawatt-scale-data-center-in-india”>companies the world over, promising data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/artificial-intelligence/despite-whispers-of-a-bubble-openai-is-planning-a-gigawatt-scale-data-center-in-india” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/artificial-intelligence/despite-whispers-of-a-bubble-openai-is-planning-a-gigawatt-scale-data-center-in-india”>enormous innovation and profit-making opportunities in equal measure. Governments and private enterprises have scrambled to keep pace with its rapid evolution, and even if the biggest companies haven’t managed to make a profit just yet, that’s not stopping the investor dollars from flowing…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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The new frontier: Meet the power players cashing in on the AI gold rush


If there is one unifying theme across the entire AI industry over the past year, it has been data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/semiconductors/how-the-ai-revolution-is-triggering-a-hardware-arms-race-and-pushing-up-prices” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/semiconductors/how-the-ai-revolution-is-triggering-a-hardware-arms-race-and-pushing-up-prices”>staggering, unprecedented investment. Hundreds of data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/openai-signs-contract-to-buy-usd300-billion-worth-of-oracle-computing-power-over-the-next-five-years-company-needs-4-5-gigawatts-of-power-enough-to-power-four-million-homes” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/openai-signs-contract-to-buy-usd300-billion-worth-of-oracle-computing-power-over-the-next-five-years-company-needs-4-5-gigawatts-of-power-enough-to-power-four-million-homes”>billions of dollars have poured into data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/artificial-intelligence/despite-whispers-of-a-bubble-openai-is-planning-a-gigawatt-scale-data-center-in-india” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/artificial-intelligence/despite-whispers-of-a-bubble-openai-is-planning-a-gigawatt-scale-data-center-in-india”>companies the world over, promising data-analytics-id=”inline-link” href=”https://www.tomshardware.com/tech-industry/artificial-intelligence/despite-whispers-of-a-bubble-openai-is-planning-a-gigawatt-scale-data-center-in-india” data-before-rewrite-localise=”https://www.tomshardware.com/tech-industry/artificial-intelligence/despite-whispers-of-a-bubble-openai-is-planning-a-gigawatt-scale-data-center-in-india”>enormous innovation and profit-making opportunities in equal measure. Governments and private enterprises have scrambled to keep pace with its rapid evolution, and even if the biggest companies haven’t managed to make a profit just yet, that’s not stopping the investor dollars from flowing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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