Broadcom CEO Hock Tan likens many AI investors to casino gamblers
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Broadcom CEO Hock Tan criticized many AI investors as uninformed gamblers and highlighted capital as a key constraint for AI development. He noted OpenAI's high revenue but ongoing losses and expects chip shortages to ease by 2028-29. Intel CEO Lip-Bu Tan added that frontier AI model builders face capital challenges, while Chinese AI models gain fast adoption due to lower costs.
