Elon Musk responds to report that xAI is burning through $1 billion a month
Musk was uncharacteristically subdued this time
Gartner projects $644 billion in 2025 AI spending, but few understand GenAI's actual value
A paradoxical market forced to grow until it bursts
Physical game sales have halved since 2021, down 85% from peak
But physical games could experience a boost this year
Cloud giants keep spending on AI, while traditional IT markets lag behind
Big Tech AI investments are growing, but things could change soon
IT spending will increase 4.3% this year, Gartner predicts
Devices are down, software is up, generative AI is not a significant spending drive yet
Global PC and console gaming revenues dipped 2.2% in 2022
The industry expects a major boost from several blockbuster titles this year
There will be 3.2 billion gamers in 2022, but revenue is set to fall for first time in 15 years
The pandemic effect is still being felt
Video game sales forecast to fall in 2022 following record spending during the pandemic
What goes up must come down
Global IT spending expected to surpass $4.4 trillion in 2022
Services and software are ripe for growth
June video game spending was the highest it has been in a decade
Well, what do they expect us to do with our free time?
