The numbers in the article are huge. It really shows how expensive this stage of AI development has become. I’m curious how long companies can keep operating at that level of burn.
It might be a huge pile of cards but this time they have the coffers for it, if/when it falls it will be from one of the fake it till you make it companies like openai that are built on promises (and frankly their revenue numbers are no where near their promised spend so they seem dependant on more and more deals)