Amazon cash burn and Intel’s weak PC demand highlight AI costs
Results from Amazon and Intel heightened concerns about the costs of the AI infrastructure race and its effects on technology and consumers.
By Sinéad Carew and Aditya SoniWall Street's worries about the cost of the AI boom escalated after the market close on Thursday, as results from Amazon NASDAQ:AMZN and Intel NASDAQ:INTC showed the infrastructure race is not only straining the tech industry but affecting consumers.Surging data-cente…