Who Will Make Money from the Generative AI Gold Rush? Part I

BigTech companies already dominate in GenAI infrastructure with their cloud services and hardware chips. Microsoft and Google are well-positioned in the US cloud market, while Baidu and Alibaba are well-positioned in China. Their massive supercomputer cloud infrastructure is engineered to run GenAI's complex, expensive, large text, visual, and audio Foundational Models. There are already many developers using their cloud AI API services and tools to build apps, and this trend is expected to accelerate as entrepreneurs rush to address virtually limitless GenAI use cases. Amazon has been quiet on Foundational Models, so a big question is how will they respond. GenAI uses massive amounts of computational power to generate creative outputs.