Founder & CEO at EZPR
Most reported AI revenue across the largest cloud providers comes directly from funding two unprofitable companies, OpenAI and Anthropic. Cloud hyperscalers inject billions of dollars into these labs, which the labs immediately return by purchasing cloud compute credits. Outside of these subsidized entities, actual global enterprise spend on generative software remains very modest compared to the trillions invested in capital expenditure.
This answer is part of a full interview with Edward Zitron, Founder & CEO at EZPR.
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