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Companies are hoarding AI compute because of FOMO — and they're sitting on most of it

FOMO
Business Insider Fews App News Provider
Fews App Post Time Hace 1d

New cloud usage data show that as companies pour billions into AI infrastructure, much of that computing power sits idle. Mario Tama/Getty ImagesCast AI found that most companies underutilize GPUs at 5% of total capacity. Laurent Gil, Cast AI's CEO, said that firms overbuy GPUs out of fear of missing out rather than out of demand.

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