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LLM providers on the cusp of an 'extinction' phase as capex realities bite

Gartner says the market for large language model (LLM) providers is on the cusp of an extinction phase as it grapples with the capital-intensive costs of building products in a competitive market. Adoption right now is the most important thing: speed, adoption, being in the market – there is extinction coming. The market will not be able to support this number of model providers that we currently have As the global tech research company forecasts worldwide generative AI (GenAI) spending will rea...

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