Software Revenue Lags Despite Tech Giants' $292 Billion AI Spend

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By msmashDec 23, 2024, 8:15 am288 ptsTrendingTop
Silicon Valley is betting the farm on AI. Data centers are straining power grids. Model training costs are heading toward billions. Yet across the software industry, AI revenue remains theoretical. From a report: Hyperscalers -- combined with Meta and Oracle -- plan to spend $292 billion on AI infrastructure by…

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