AIFast Company Techabout 2 hours ago
U.S. AI labs bet big on bigger models
8 min read
A leaked Treasury Department draft report warns the AI economy resembles the dotcom bubble, with key players investing in each other. U.S. labs like OpenAI and Anthropic spend hundreds of billions on huge general-purpose models, often on borrowed money. Meanwhile, enterprises increasingly use cheaper open-weight models from Chinese labs like DeepSeek, Alibaba, and ByteDance.
Level
Hype check
Tap to vote and see what everyone thinks.
