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OpenAI is now valued at $157 billion
(arstechnica.com)
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this post was submitted on 02 Oct 2024
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It's not related to the technology, is the venture industry trying tp figure out the next unicorn, which they have been trying to find for the last ten years.
Cloud? Neva heard of it! AI is where the money is at now.
Buzzwords, that's all they are.
I wouldn't say "the cloud" is exactly in the same realm. It's broad and definitely had its heyday being thrown around in marketing, but it's a very real facet in modern software. More specialized and actually useful AI will probably end up in a similar place eventually.
I think I'm talking myself out of my original point though lol. Kind of conflated LLMs and AI at first. I just wish LLMs weren't the only things with money behind them.
Server farms are the real money maker. Doesn't matter the fad, they'll need processing power from somewhere.
As always when someone looks for gold, sell them the shovel.