Business services firm McKinsey & Co. calls it “the generative AI paradox:” eight in 10 of its client companies say they have deployed AI in their operations, but the same proportion—aside from tech companies providing the equipment—say they have seen no bottom-line impact.
In this year’s second quarter, Foxconn—the world’s largest electronics assembler—made more items for building cloud and AI infrastructure than consumer electronics.
DeepSeek, the Chinese AI developer that stunned the world in January with its world-class large language model made on the cheap, has been forced to delay the release of its R2 reasoning AI.