Is the Hormuz crisis slowing down AI development? by hroelant
After the US and Israel launched their coordinated strikes on Iran in February of this year, the press abounded with stories about the crucial materials that would from now on be holed up in the Persian Gulf. In the case of AI, the most relevant ‘input’ is helium, 30 percent of which (coming from Qatar) was taken off global markets by the war. Spot prices for the gas promptly doubled and major foundries in South Korea and Taiwan, heavily reliant on Qatari production, got...
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