Will Sommer
ON THE RECORD · 1 verbatim quotes · every quote source-verified
“Our research indicates that enterprise and consumer AI revenue will be insufficient to support profitable returns on all planned AI capital expenditures”
Will Sommer · said date not stated · reported 2026-10-20
Gartner published a report last week predicting that 80% of neoclouds could cease independent operations by 2030 due to profitability concerns for AI algorithm companies.
verbatim, matched to source
CNBC