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AI News from ET - Anthropic CEO Dario Amodei acknowledges risks of huge spending on AI

Vishwadeep Khatri
in AI News & Two Lenses

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Anthropic CEO Dario Amodei expressed concerns about the substantial financial risks in the AI industry, particularly regarding massive data center investments. He highlighted the dilemma of predicting future compute needs, warning that miscalculations could lead to either excess capacity or missed revenue opportunities for companies like his own.

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