“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.”
And even so, Wall Street keeps throwing money into the furnace.
By “years” I mean since, like 2023. AI has never made money that entire time and it doesn’t look like it will. Yet still…