Omdia: Is AI applications revenue growing fast enough to warrant the scale of investment in GPUs?

LONDON, July 31, 2024 /PRNewswire/ — The market for AI accelerator chips such as GPUs is on fire, having grown from $10bn in 2022 to $78bn this year. Can it last? Omdia’s latest research note, Reconciling AI hardware spending with applications revenue growth, examines whether the AI…