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AI Investment Soars but Profitable Use Remains Elusive for Many Firms, Goldman Sachs Says

msmash | July 11, 2024  
Despite soaring investment in AI hardware, most companies are struggling to turn the technology into profitable ventures, Goldman Sachs' latest AI adoption tracker reveals. Equity markets project a $330 billion boost to annual revenues for AI enablers by 2025, up from $250 billion forecast just last quarter, yet only 5% of US firms currently use […]
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