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Billion Is The New Cent In AI

Spending in the artificial intelligence industry has reached a point where a billion dollars is treated as a trivially small amount. Forbes argues that as tech giants pour unprecedented sums into data centres, chips and model development, billion-dollar investments no longer register as significant milestones in the AI race.

Why now: AI investment figures keep hitting record levels, prompting debate over whether the massive spending is justified.

ForbesAI industry

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