Headline, July 17 2024/ A.I. : ''' GREAT REAWAKENING GROAN '''

A.I. : 

''' GREAT REAWAKENING

 GROAN '''

 

!WOW! : SINCE SOME TIME - I HAVE BEEN RECEIVING through different channels some very threatening pointers, indications and messages. And some even in professional humour : manicures into ''self-care''.

PLEASE MARK : To an A.I. expert, '' IT'S ALL IN THE TIMING,'' as the greatest organization mankind ever conceived, '' first of its kind, ever '' heads for global elections. All just so practised, by the will and blessings of Almighty God, in the service of humanity.

GOD WILLING, starting this coming Monday, when sacred Muharram is behind us, I will come to grips with these happenings head on. And determine the scale and who is behind them and why?   

INVESTORS POUR BILLIONS INTO A.I. START-UPS. THIS Master industry has defied a downturn that's affecting other new tech companies.

For two years, many unprofitable tech start-ups have cut costs, sold themselves or gone out of business. But the ones focused on artificial intelligence have been thriving. Now the A.I. boom that started in late 2022 has become the strongest counterpoint in the broader start-up downturn.

Investors poured $27.1 billion into A.I. startups in the United States from April to June, accounting for nearly half of all U.S. start-up funding in that period, according to PitchBook, which tracks start-ups. 

In total, U.S. start-ups' raised $56 billion, up 57 percent from a year earlier and the highest three-month haul in two years. 

A.I. companies are attracting huge rounds of funding reminiscent of 2021, when low interest rates and pandemic growth pushed investors to take risks on tech investments.

In May, CoreWeave, a provider of cloud computing services for A.I. companies raised $1.1 billion, followed by $7.5 billion in debt, valuing it at $19 billion. Scale A.I., a provider of data for A.I. companies, raised $1 billion, valuing it at $13.8 billion. And xAI, founded by Elon Musk, raised $6 billion, valuing it at $24 billion.

Such financing rounds have bolstered the industry's overall deal-making by dollar amount and number of deals, said Kyle Stanford, a research analyst at PitchBook. '' It's not declining anymore,'' he said. '' The bottom has already fallen out.''

The activity has prompted some venture capital investors to change their message. Last year, Tom Loverro, an investor at IVP, predicted a ''mass extinction event ''for start-ups and encouraged them to cut costs.

Last week, he declared that era over and christened this time the '' Great Reawakening, '' encouraging companies to ''pour gas'' on growth, particularly around artificial intelligence. '' The AI train is leaving the station & you need to be on it,'' he wrote on X.

The start-up downturn began in early 2022 as many money-losing companies struggled to grow as quickly as they did in the pandemic. Rising interest rates also pushed investors to chase less risky investments. To make up for dwindling funding, start-ups slashed staff and scaled back their ambitions.

Then in late 2022, OpenAI kicked off a new boom with the release of its ChatGPT chatbot. Excitement around generative A.I. technology, which can produce text, and videos, set off a frenzy of start-up creation and funding.

'' Sam Altman canceled the recession,'' joked Siqi Chen, founder of the start-up Runaway Financial, referring to Open AI's chief executive. Mr. Chen said his company, which makes finance software, was growing faster than it otherwise would have because '' A.I. can do the job of 1.5 people.''

YET even as A.I. creates efficiencies, it is costly to build. Start-ups focused on A.I. need an enormous stores of powerful computer chips and cloud storage.

An analysis of 125 A.I. start-ups by Kruze Consulting, an accounting and tax advisory firm, showed that the companies spent an average of 22 percent of their expenses on computing costs in the first three months of the year - more than double the 10 percent spent by non-A.I. software companies in the same period.

For investors who back fast-growing start-ups, there is little downside to being wrong about the next big thing, but there is enormous upside in being right.

A.I.'s potential has generated deafening hype, with prominent investors and executives predicting that the market for A.I. will be bigger than the market for the smartphone, the personal computer, social media and the internet.

Mr. Stanford of PitchBook said competition from big tech companies including Microsoft and Amazon might also affect A.I. start-ups' abilities to raise enormous sums of money.

The Honour and Serving of the Latest Global Operational Research on Investors, Market Capitalization, and A.I. start-ups continue. The World Students Society thanks Erin Griffith.

With most respectful and loving dedication to the Global Founder Framers of !WOW! - the exclusive and eternal ownership of every student in the world - and then Students, Professors and Teachers.

See You all prepare for Great Global Elections on The World Students Society - for every subject in the world : wssciw.blogspot.com and Twitter X !E-WOW! - The Ecosystem 2011 :

Good Night and God Bless

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