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Elon Musk Warns Of 'Guppy-Level Death' For Hundreds of AI Cloud Firms. Others Are Not so Sure.

Elon
International Business Times Fews App News Provider
Fews App Post Time Hace 22h

Elon Musk appears a tech fair in Paris on June 16, 2023. ALAIN JOCARD/AFP via Getty Images Elon Musk warned that more than 200 specialized AI cloud companies could face widespread failures and consolidation as access to financing becomes increasingly difficult. Companies investing billions of dollars in data centers and Nvidia chips to meet growing demand for artificial intelligence have been under growing pressure over the past weeks.

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