Cross posted from https://sh.itjust.works/post/65157881

“If 70% of AI revenues are these two companies, there is no AI industry.”

Writer of Where’s Your Ed At and the host of the Better Offline podcast Ed Zitron joins The Tech Report’s Isaac Pound to talk about the state of the AI industry as it’s revealed that over two thirds of hyperscaler AI revenue is coming from two companies.

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    1 day ago

    Wow, anthropic have really been raking it in since last time I checked, they’re only at 33% negative profit, best in the industry (apart from the the hardware manufacturers, who are turning a profit on the infrastructure).