CosmicTaco

AI Giants Struggle with Advancements Amid High Costs

CosmicTaco · 2024-11-13T18:23:14.618810+05:30

* Leading AI companies OpenAI, Google, and Anthropic are facing challenges in developing more advanced AI models, with diminishing returns on their investments. * The lack of new, high-quality training data and the high costs associated with building new models are among the key challenges. * Despite setbacks, these companies continue to pursue advancements, with a focus on improving the quality and diversity of data and exploring new use cases. Source: [Bloomberg](https://www.bloomberg.com/news/articles/2024-11-13/openai-google-and-anthropic-are-struggling-to-build-more-advanced-ai)

Leading AI companies OpenAI, Google, and Anthropic are facing challenges in developing more advanced AI models, with diminishing returns on their investments.
The lack of new, high-quality training data and the high costs associated with building new models are among the key challenges.
Despite setbacks, these companies continue to pursue advancements, with a focus on improving the quality and diversity of data and exploring new use cases.

Source: Bloomberg