The article seems to be saying that the possible returns on the investments doesn't seem to match the amounts the AI companies are asking of investors.
My problem with AI boom seems is that the insane valuations of these AI companies seems to be based on nothing more than the power of the better funded AI companies to outbid possible competitors for limited amounts of chips available from chip foundries, ie TSMC et al.
If there is a glut of chips or the models become more refined and efficient then what power do these companies then have?
My problem with AI boom seems is that the insane valuations of these AI companies seems to be based on nothing more than the power of the better funded AI companies to outbid possible competitors for limited amounts of chips available from chip foundries, ie TSMC et al.
If there is a glut of chips or the models become more refined and efficient then what power do these companies then have?