The Collapsing Cost of Running AI
The price fell across the board, yet total spending on AI hit a record this year, and that gap is reshaping what actually makes an AI company worth backing.
Every time an app answers a question using artificial intelligence, someone pays a real bill for that single answer. That cost, what the industry calls inference, has fallen sharply over the past two years. Total spending on AI climbed to a record right alongside it.
My name is Alexander Kopylkov, and I have spent more than twenty years investing in technology companies before most people have heard of them. Watching the price of running AI collapse while the money pouring into AI infrastructure kept growing looked contradictory to me at first. It is actually one of the oldest patterns in economics, showing up again in a new industry, and understanding it changes where I look for value now.
A cheaper price...
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