this post was submitted on 31 Mar 2024
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Machine Learning

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WSJ: The AI industry spent 17x more on Nvidia chips than it brought in in revenue [N] (lemmit.online)
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The original was posted on /r/machinelearning by /u/we_are_mammals on 2024-03-31 06:06:43.

... 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)

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