‘Meta will need to reduce or possibly stop AI investment in datacenters, as it already has excess capacity’: The AI infrastructure bubble feels the heat

via bloomberg.com

Short excerpt below. Read at the original source.

As a PC gamer, you’ll be all too familiar with the sky-high prices of memory and storage components. To put it most simply, these frankly eye-watering price tags are largely due to big tech’s major players buying up as much DRAM and flash chips as possible in order to fuel their AI ambitions. Well, that […]

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