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Will Sommer

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“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
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