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Future of AI

News on Artificial Intelligence in Education and Libraries

Wednesday, August 7, 2024

With the Market Tanking, the AI Industry May Be in Huge Trouble

The red-hot AI industry may be headed for trouble, Bloomberg reports, after tepid earnings reports from tech companies dismayed Wall Street, which expected much bigger profits from the gargantuan infusion of cash into AI.

ORIGINAL LINK: https://futurism.com/the-byte/ai-market-stock-prices