Amazon’s latest AWS-based AI chip offers quadruple training speed, while major bitcoin miners secure multi-billion AI infrastructure deals amid warnings of a potential $800B funding gap.
Amazon debuted its Trainium 3 AI chip via AWS, promising fourfold faster training speeds compared to its predecessor. Bitcoin miners, including Core Scientific and IREN, are converting data centers into AI infrastructure, signing multi-billion-dollar agreements with Microsoft and Google. Analysts caution that if AI demand slows, an $800 billion funding gap could emerge, posing significant financial risks.