“The fact that we crossed over to negative cash flow was kind of a negative milestone, and people are reacting to that,” Gil Luria, head of technology research at D.A. Davidson, told Fortune. “Maybe there was a sense that we’d never get to that point, and we just did.”
Nobody is forcing Big Tech to do AI. Nobody even wants Big Tech to do AI at the token cost required to make AI even mildly profitable.
It’s the investors. They just can’t seem to get enough of these tulips. 🌷