AI is a money pit — here’s why investors don’t mind
Decoder with Nilay Patel
Surge in AI Investment: Trends and Implications
This chapter explores the dramatic rise in AI spending across various sectors, moving from $2.3 billion to $13.8 billion, highlighting the shift from infrastructure to application development. It emphasizes the challenges of achieving ROI and the growing potential of foundation models, while also identifying thriving startups and sectors influenced by AI. Additionally, the chapter touches on changing preferences among companies for AI providers and the positive impacts on early adopters.
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