Slow the AI race? Investors weigh the potential cost

Economic Times Techen

Slow the AI race? Investors weigh the potential cost

Calls to rein in the development of ever more powerful AI models are fuelling fears over the massive capital outlays in the sector -- and the prospect that profits from the promised revolution might not be enough to cover them. Anthropic meanwhile is gearing up for an imminent IPO to raise further billions for its unprecedented spending on development as well as massive data centres for its power-hungry models.

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  • Anthropic
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