March 31, 2024, 4:06 a.m. | /u/we_are_mammals

Machine Learning

> ...
> In a presentation earlier this month, the venture-capital firm Sequoia estimated that the AI industry spent $50 billion on the Nvidia chips used to train advanced AI models last year, but brought in only $3 billion in revenue.

Source: [WSJ]( (paywalled)

advanced advanced ai ai industry ai models billion capital chips industry machinelearning nvidia nvidia chips presentation revenue sequoia train venture

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