Morning Edition · Tuesday, August 11, 2026Published at 2:26 AM EDT · New York
The former Google chief executive says he sees no evidence scaling has stopped, a position that raises rather than lowers the capital intensity of staying at the frontier.
Eric Schmidt, the former Google chief executive who now invests heavily across the sector, gave a figure for frontier economics this week: a frontier model costs $200 million to $500 million to build, and its commercially useful life is rou…
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AI Hype Cycles and Funding Narratives
As capital floods AI, the narratives labs use to raise money and shape rules face growing public scrutiny, and the market increasingly separates verifiable capability and revenue from rhetoric on both the bullish and the cautionary side.
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