AI's ROI
In 2023, the AI industry spent an estimated $50 billion on Nvidia chips, with the purpose of training AI models. The payoff for all that spend, according to Sequoia Capital, is $3 billion in revenue. Is that a return worth bragging about?
In this podcast, Motley Fool host Ricky Mulvey talks with analyst Asit Sharma about how investors might think about companies' AI spend.
They also discuss:
Source Fool.com