Vcs pivoting from crypto and going all in on ai
Discover More
Curated from across
Indian Startups on
by AlphaGrindset
Series A Startup
The big bull is back. With a $100Bn chip project to beat NVIDIA for real.
Shares in the Tokyo-based tech investor SoftBank gained as much as 3.2% reports that 66-year-old billionaire CEO Masayoshi Son is seeking fu...
https://www.livemint.com/companies/news/softbank-stock-rises-on-ceo-masayoshi-son-s-plan-for-100-billion-chip-project-11708305813911.html
Indian Startups on
by devdos
Microsoft
AI is a Trillion Dollar time bomb [CNBC]
Here's a summary from Perplexity of the key points from the best video on AI that I have seen recently: Excessive Spending: Major tech companies like Meta, Google, and Amazon have significantly increased their capital expenditure (capex) to build AI infrastructure and stay competitive in the rapidly evolving AI landscape. Low Returns: Despite the enormous investments, the returns on these AI investments are not yet matching the level of spending, creating a potentially unsustainable situation. Microsoft's Investments: The video specifically mentions Microsoft's substantial investments in AI, including a $13 billion investment in OpenAI. Contrasting Partnerships: An interesting point raised is that while Microsoft invested heavily in OpenAI, Apple reportedly secured a partnership with the same company for free just 18 months later, suggesting potential inefficiencies in how companies are approaching AI partnerships and investments. Industry-wide Concern: The video suggests that this pattern of high spending and low returns is not limited to a few companies but is a broader trend in the AI industry. Future Implications: The "time bomb" metaphor implies that if this trend continues, it could lead to significant financial challenges for companies heavily invested in AI development.
There’s a time bomb ticking in the AI space: spending is too high, and returns are too low. Megacaps like Meta, Google and Amazon have seen ...
https://www.youtube.com/watch?v=dx-tMK7w5g8