Biden chaos, Soft landing secured? AI sentiment turns bearish, French elections

1449.885 - 1476.174 David Sacks

And so I think inspired in part by that, David Kahn from Sequoia Capital, legendary venture firm here in Silicon Valley, published a blog titled AI $600 Billion Question. Khan said there was a $500 billion revenue hole when considering AI CapEx levels. He got this number by calculating that companies need to show around $600 billion in AI revenue to justify projected CapEx levels in Q4.