Business
The Cost of AI Is Going Up | AI & Business for May 5
The bar for tech companies to make AI profitable was already high. Then came a surge in memory-chip prices that has sent costs through the roof, adding fresh urgency to questions about who’s going to pay for it all and how.
The tech companies that are largely funding the AI boom have been avoiding that riddle. They need to invest in chips and data centers as fast as they can to capitalize on the world-changing potential of AI, they argue. This isn’t the time for prudence.
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