The chipmaker, now the most valuable public company in the world, said strong demand for its chips should continue this quarter.
The chipmaker, now the most valuable public company in the world, said strong demand for its chips should continue this quarter.
Power usage is what’s sucking the cash. What else could it be? Not all of these companies are building out lots of datacenters the way OpenAI is. They built what they have, and are now trying to make money on it.
The companies that are charging for AI are charging about as much as buyers are willing to pay, but it’s orders of magnitude too small to cover their costs. The big cost is power usage.