Reported about 8 hours ago
A new report by Bain & Co. indicates that AI companies will experience an $800 billion revenue shortfall by 2030, with a need for $2 trillion in annual revenue to meet growing demand for computing power. While firms like OpenAI invest heavily in data centers, their monetization efforts for services such as ChatGPT are lagging behind expenses. This gap raises concerns about the industry's business models and valuations, alongside escalating demand for AI services.
Source: YAHOO