‘Stratospheric’ AI Spending By Four Wealthy Companies Reaches $360B Just For Data Centers

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“Maybe you’ve heard that artificial intelligence is a bubble poised to burst,” writes a Washington Post technology columnist. “Maybe you have heard that it isn’t. (No one really knows either way, but that won’t stop the bros from jabbering about it constantly.)”

“But I can confidently tell you that the money being thrown around for AI is so huge that numbers have lost all meaning.”

The companies pouring money in are so rich and so power-hungry (in multiple meanings of that…



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‘Stratospheric’ AI Spending By Four Wealthy Companies Reaches $360B Just For Data Centers


“Maybe you’ve heard that artificial intelligence is a bubble poised to burst,” writes a Washington Post technology columnist. “Maybe you have heard that it isn’t. (No one really knows either way, but that won’t stop the bros from jabbering about it constantly.)”

“But I can confidently tell you that the money being thrown around for AI is so huge that numbers have lost all meaning.”

The companies pouring money in are so rich and so power-hungry (in multiple meanings of that…



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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