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Is generative AI hitting a ceiling? Maybe, but investors don't care - SiliconANGLE

Nov 08, 2024 - siliconangle.com
The article discusses the potential limitations of generative AI models and the continued investment in AI companies despite these concerns. Venture capitalists Marc Andreessen and Ben Horowitz question if AI models are reaching their limits, but investors continue to fund AI companies such as Anthropic, Perplexity, and Physical Intelligence. The article also mentions big spending plans by Amazon, Meta, and Google to power AI with nuclear plants, which could take a while to implement.

In other news, Supermicro's stock fell due to revenue missing estimates, while Arm and Qualcomm did well partly due to AI momentum. Broadcom expanded its VMware private-cloud options, potentially benefiting AI's special edge needs. The article also mentions upcoming events and earnings reports from various companies. The piece ends with a call to support SiliconANGLE's mission to provide free, deep, and relevant content.

Key takeaways:

  • Investors continue to pour money into AI companies such as Anthropic, Perplexity and Physical Intelligence, despite debates about whether generative AI models are hitting their limits.
  • Amazon, Meta and Google's plans to power AI with nuclear plants could take a while, and there are calls for Amazon to provide more explanation of its AI spending.
  • There are mixed earnings reports from various tech companies, with some doing well on AI momentum, while others provided disappointing guidance.
  • Next week's events include KubeCon + CloudNativeCon in Salt Lake City and BoxWorks in San Francisco, with earnings reports expected from companies including Cisco Systems and Applied Materials.
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