Apple working on its own AI chip for data centers, Wall Street Journal says taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Sam Altman’s aspiration to amass approximately $7 trillion for the production of AI chips unveils a narrative that extends beyond his seemingly audacious goals. A report in Bloomberg says that almost 90% of the companies that have jumped into the AI ship may get killed in the next one year. The infrastructure required for AI development has become prohibitively costly and a significant portion of this value is still predominantly controlled by a few major tech companies, intensifying the oligopoly.
Sam Altman’s goal of raising about $7 trillion to make AI chips tells a story beyond his borderline-insane ambitions. First, the infrastructure needed to build AI has become exorbitantly expensive. Second, most of that value is still held by a handful of large technology companies and the oligopoly is only going to get worse
IN BRIEF: Aquis Exchange becomes first to run cloud-based engine lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
Aquis Exchange PLC - London-based financial markets operator, including pan-European equities trading platform Aquis Markets and UK growth-company market Aquis Stock Exchange - Says it has become the.