5 articles
OpenAI killed Sora on March 24 after six months and $2.1 million in total revenue. Analysts estimated peak inference costs at $15 million per day. The gap between what consumers will pay and what AI video costs to run reveals a structural wall that every consumer AI product must face.
While Silicon Valley chases high-margin HBM for AI, China is quietly capturing the 'boring' DRAM market that runs the world's cars, appliances, and mid-range devices.
DRAM contract prices just surged 95% in Q1 2026. The cause isn't a supply chain glitch, it's a permanent physical reallocation of the world's silicon to AI.
Hyperscalers have committed $700 billion to AI chips, but power and packaging bottlenecks mean millions of GPUs are sitting in warehouses, depreciating before they ever compute a single token. The market is witnessing the creation of 'Dark Silicon' - and the impending write-down will be historic.
At the NYT DealBook Summit, Anthropic CEO Dario Amodei mocked the 'YOLO' financial risks taken by rivals OpenAI and Google, contrasting their panic-driven 'code red' culture with Anthropic's disciplined enterprise focus.