In 2024, global tech leaders doubled down on AI, channeling £100 billion into the development and maintenance of artificial intelligence (AI) data centers in the first three quarters of the year. Tech leaders “spend more than twice as much on training complex foundational models than they do on running completed production models on a day-to-day basis for their end-use customers.” To turn a profit on the enormous investment in AI, adoption must increase significantly.
In 2024, global tech leaders doubled down on AI, channeling £100 billion into the development and maintenance of artificial intelligence (AI) data centers in the first three quarters of the year. Tech leaders “spend more than twice as much on training complex foundational models than they do on running completed production models on a day-to-day basis for their end-use customers.” To turn a profit on the enormous investment in AI, adoption must increase significantly.