‘Tokenmaxxing’ is dead: How the hardware shortage is blowing up AI budgets

🇦🇺 The Sydney Morning Herald (AU) —
‘Tokenmaxxing’ is dead: How the hardware shortage is blowing up AI budgets

AI Summary

Due to a hardware shortage, even major AI companies like Meta cannot access all necessary AI compute resources. Australian firms have increased their AI budgets for the new financial year despite facing higher costs and reduced confidence.

Even Meta cannot get all the AI compute it wants. Australian firms entered the new financial year with bigger AI budgets and shakier confidence.

Markets AI & Tech AI budgets hardware shortage Meta Australian firms AI compute technology costs

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