artificial intelligence Companies like Openai Quickly announced plans to spend hundreds of millions of dollars Data Centerhowever, they are slow to show how to draw in revenue to cover all the costs. Now, consulting firm Bain & Co estimates that the shortage could be much greater than previously understood.
By 2030, AI companies will need a total annual revenue of USD 2 trillion to fund the computing power they need to meet forecast demand, Bain said in its annual Global Technology Report released Tuesday.
However, their revenue could fall USD 800 billion beyond its mark as an effort to monetize such services ChatGpt and other generation AI services Bane tracks data centers and associated infrastructure spending requirements.
This report is set to raise further questions about the AI industry's assessment and business model.
Openai's ChatGpt and Google's Geminiwhich means demand for computing power and energy is rising rapidly, similar to AI efforts by companies across the globe.
However, the savings offered by the AI and the company's ability to generate additional revenue from AI is behind the pace.
