ai investment craze
Boom or bubble: How long can the AI investment craze last?
AI chip giant Nvidia announced last week that it would invest $100 billion to help OpenAI, the front-runner in generative AI, build data centers. The staggering investments in artificial intelligence keep coming: Last week, AI chip giant Nvidia announced it would invest $100 billion to help OpenAI, the front-runner in generative AI, build data centers. How are these enormous sums possible when the returns on investments, at least for now, pale in comparison? AI-related spending is soaring worldwide, expected to reach approximately $1.5 trillion by 2025, according to U.S. research firm Gartner, and over $2 trillion in 2026 -- nearly 2% of global GDP. In a time of both misinformation and too much information, quality journalism is more crucial than ever.
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