AI Giants Struggle with Advancements Amid High Costs

• Leading AI companies OpenAI, Google, and Anthropic are facing challenges in developing more advanced AI models, with diminishing returns on their investments.
• The lack of new, high-quality training data and the high costs associated with building new models are among the key challenges.
• Despite setbacks, these companies continue to pursue advancements, with a focus on improving the quality and diversity of data and exploring new use cases.

Source: Bloomberg