AI companies recently launched a record scramble for cash to pay for data centers, computer chips and equipment. This boom is so expensive that even Silicon Valley giants are bleeding cash and companies are now racing one another to secure funds.
washingtonpost.comAI companies are desperate for cash and don’t know where it will come fromThe companies have been borrowing hundreds of billions of dollars, selling fresh stock and cooking up more novel and potentially risky new methods of financing.
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