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But we saved everything 🙂.
Tomasz Tunguz said that with demand for artificial intelligence outpacing supply and construction of data centers in the U.S. slowing, the country is likely to soon consume more tokens than it produces.
Tunguz described a scenario in which the U.S. would become a net importer of tokens, similar to its status as a net importer of rare earth metals.
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Tunguz recently reported that AI stocks have declined for three consecutive weeks, with Alphabet and Amazon each falling 12–13% after earnings and their cloud segments showing record growth here. Earlier this year, Anthropic filed its S-11 registration in what he described as the largest AI listing to date, comparing several key performance metrics here. Both events highlight continued momentum and volatility in the U.S. artificial intelligence sector.