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Broadcom CEO: Capital Will Be the Biggest Constraint if AI Development Continues

Reuters +2 ·

AVGO Broadcom Inc
$361.54 +0.39%
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  1. 1Broadcom CEO Hock Tan said that capital will be the biggest constraint the company faces as AI development continues.
  2. 2Hock Tan said the company is overcoming wafer and memory shortages.
  3. 3Hock Tan added that Anthropic and OpenAI have shown they can generate significant revenue through the latest models deployed for AI personal assistants.

So what's the key point?

What is the main point? The head of Broadcom said that money will be the biggest obstacle to continuing artificial intelligence development. While it has been confirmed that money can be made through AI services, funding has become important.

Source Reuters +2 · View original ↗

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