Source: International Business Times
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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