#aiindustry — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #aiindustry, aggregated by home.social.
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AI Is Failing At An Overwhelming Majority of Companies Using It, MIT Study Finds
Getty / Futurism With AI software increasingly hogging the enterprise spotlight, companies and investors are spending like never before. In the first half of 2025, AI startups raised over $44 billion, more than all of 2024 combined. By the end of this year, a Goldman Sachs analysis estimates that total investments in AI will soar to almost $200 billion But all that money is, to put it gently, a reckless gamble. In the US at least, investors have essentially bet the farm on the idea […] -
#SoftBank CEO #MasayoshiSon expressed #scepticism about the feasibility and cost-effectiveness of #ElonMusk’s #orbitaldatacentre vision, arguing that it wouldn’t address the current compute constraints in the #AIindustry. While Musk’s plan could benefit SpaceX’s launch and compute businesses, Son’s comments highlight the need for a more immediate solution to the #datacentreshortage. https://techcrunch.com/2026/06/27/softbanks-ceo-isnt-the-only-one-with-questions-about-elon-musks-orbital-data-center-hype/?eicker.news #tech #media #news