@TwitterBot

New York Times @nytimes: AI startups face a rough financial reality check | The Seattle Times. #AI #aiact #industry40 https://t.co/4acvLpMpiI

Tech industry

The Seattle Times
AI startups face a rough financial reality check
The financial pressure on signature AI startups like Inflection AI, Stability AI, and Anthropic is evident as they struggle with turning profits and closing the gap between expenses and income.
Building generative AI models costs billions, relies on expensive cutting-edge chips, and each AI system query is significantly more costly than a simple Google search.
[ post ]