The Reuters proclaimed that the AI bubble has already burst in China. Chinese AI and chip stocks have lost about $480 billion in value. In the West, Amazon has put most of its Nova models on "keep the lights on" mode.And yet, chip maker SK Hynix posted record profits of $29.7 billion in Q3. Their CEO says the memory shortage runs till 2030. So the... Weiterlesen: Local AI Weekly #7: Bubble or Not?
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Local AI Weekly #7: Bubble or Not?
The Reuters proclaimed that the AI bubble has already burst in China. Chinese AI and chip stocks have lost about $480 billion in value. In the West, Amazon has…
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