Tech giants struggle to justify huge AI costs | The World
The hyper-scaler capital expenditure bill faces mounting market skepticism. As infrastructural investments in power grids, custom silicon, and server farms soar into the hundreds of billions, enterprise revenue streams are failing to expand at a matching trajectory.
#TechFinance #BigTech #CloudComputing #InfrastructureCost #MarketWatch #VentureCapital
https://www.technology-news-channel.com/tech-giants-struggle-to-justify-huge-ai-costs-the-world/
Tech giants struggle to justify huge AI costs | The World

OpenAI has announced the scrapping of its video generation app, 'Sora'. Industry experts say Sora is not able to enjoy[...]

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Water rate hike requested in part to cover Everwind's proposed green hydrogen plant
The Landrie Lake Water Utility is asking the Nova Scotia Regulatory and Appeals Board for rate increases to cover the cost of infrastructure and operations, which include monitoring and protecting the area's main water source.
https://www.cbc.ca/news/canada/nova-scotia/water-rate-hike-everwind-proposed-green-hydrogen-9.7128101?cmp=rss