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But the AI companies do not have profits. Even Google/MS/Meta are probably subsidizing AI with the profits from their non-AI businesses.
by wmf 1y ago
But the AI companies do not have profits. Even Google/MS/Meta are probably subsidizing AI with the profits from their non-AI businesses.
- wslh 1y agoI assume that in this context is basically about NVIDIA, and some other chip companies.
- dragonwriter 1y agoBut NVidia's AI related profits are driven by the AI-related speculative spending in the uncertain hope of future profits by firms in the AI gold rush, they are just the leading seller of shovels.