AI Companies Are Trying to Hide a Staggering Amount of Debt
Illustration by Tag Hartman-Simkins / Futurism. Source: Shutterstock
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AI companies are pouring untold billions of dollars into enormous data centers in their efforts to sustain increasingly complex and resource-intensive AI models.
It’s an extremely costly undertaking built on seemingly bottomless hype — and a mountain of debt. As Japanese financial newspaper Nikkei Asia found in a recent investigat...
Read more at futurism.com