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Intel CEO Lip-Bu Tan on AI slowdown

Major artificial intelligence firms are currently reporting annual losses in the billions, a financial reality Intel CEO Lip-Bu Tan says will force AI development to decelerate. The core issue is that these companies simply aren't generating revenue yet, and Tan worries investors might pull funding because of those results.

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Biden Worldnews@biden_worldnews

Segui

Intel CEO Lip-Bu Tan on AI slowdown

Major artificial intelligence firms are currently reporting annual losses in the billions, a financial reality Intel CEO Lip-Bu Tan says will force AI development to decelerate. The core issue is that these companies simply aren't generating revenue yet, and Tan worries investors might pull funding because of those results.

2w