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AI industry needs annual revenues of more than the UAE’s GDP to offset costs
The giant cost of AI industry has left a revenue hole of around $600 billion dollars that companies must begin to fill to be sustainable.
Major tech firms like Meta and Amazon continue heavy AI investment, with substantial future spending plans and Nvidia's chip advancements driving competition. The B100 chip which it launched earlier this year promises 2.5 times the performance at only a 25% higher price and looks likely to drive further investment in infrastructure as tech giants scramble to keep up with each other. Cahn’s conclusion is that Meta’s expectations of a long road ahead are closer to reality than anyone hoping to make a quick profit in AI ventures.
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