Forbes December 6, 2024
This year’s Amazon Web Services conference, re:Invent 2024, confirmed a few trends we’ve been tracking in the artificial intelligence boom. These include massive changes in the cloud infrastructure landscape with investment of hundreds of billions of dollars in an AI infrastructure arms race, as well as the struggle of enterprises to find return on investment in AI.
This week, both of these trends had interesting twists. The week started off with the resignation of Intel CEO Pat Gelsinger, demonstrating what happens when you miss a huge market shift. Intel, even before Gelsinger took over, was poorly positioned in graphics processing units, the area that NVIDIA pioneered. But Gelsinger perhaps made things worse by focusing on an approach favoring the buildout...
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