Everyone's building AI-based projects now — just so you know. 💸🤖

"AI: The Billion-Dollar Money Pit Investors Can't Quit"
AI investments are soaring: OpenAI raised $6.6 billion in October, and Anthropic secured $4 billion from Amazon. But here’s the twist: revenues from AI products aren’t catching up.

📉 By the Numbers:
In 2024, AI spending hit only $13.8 billion, which barely matches the biggest funding rounds.
Companies invest heavily in developing models but hold back on large-scale implementation.

Why Investors Keep Betting?
Tim Tully (Menlo Ventures) and Nathan Benaich (Air Street Capital) see AI as a long-term play. Businesses are testing the waters, but the profits are still over the horizon.

What’s the Plan?
Evolving industry: Businesses are expected to eventually spend billions on AI tools.
Cheaper models: As development costs drop, adoption rates will rise.

Bottom Line: For now, AI is a waiting game. The big question: how long will investors hold their patience? 🧐