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AI Firms Raise $190 Billion With Zero Profits Despite $600 Billion Spending

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Total amount raised: $190 billion Total spending pledged: $600 billion Total profits (cumulative): $0

8:56 AM · May 23, 2026 View on X

Biggest money pit in history?

Gary MarcusGary Marcus@GaryMarcus

Total amount raised: $190 billion Total spending pledged: $600 billion Total profits (cumulative): $0

3:56 PM · May 23, 2026 · 5.4K Views
3:57 PM · May 23, 2026 · 2.6K Views
AI Firms Raise $190 Billion With Zero Profits Despite $600 Billion Spending · Digg