Trading Day: AI storm abates Reuters
Trading Day: AI storm abates - Reuters
In short
The rapid growth of AI in the tech sector has slowed down, with major players reducing their spending. The industry is now focusing on more stable and traditional applications.
Key points
- Major players like Google, Microsoft, and IBM are reducing their spending in the AI marke…: Major players like Google, Microsoft, and IBM are reducing their spending in the AI market.
- The industry is shifting focus towards more stable and traditional applications.: The industry is shifting focus towards more stable and traditional applications.