"Inflation Woes and Disappointing Earnings Lead to Major Stock Market Losses"

As earnings season approaches, skepticism around the returns on AI technologies is growing, with concerns about the immense costs and limitations of relying on synthetic data for training AI models. Tech companies are investing heavily in hardware and infrastructure to reduce their dependence on outside suppliers of AI chips, but the spending and warnings over data and resources will bring them closer to having to prove the profitability of their investments in the AI-led future.