Report
AI companies turn to energy-sector “take-or-pay” contracts
CNBC reports that these contracts have a firm start date and require customers to pay whether or not they use the products.
TLDR
CNBC reports that AI companies are borrowing “take-or-pay” contracts from the energy sector. Customers must pay from a firm start date even if they do not use the products. CNBC calls the approach risky.
Combined views
28.4K
1 Source, first seen ago
