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The article reports on the financial pressure and challenges facing artificial intelligence (AI) and machine learning start-ups as they compete with technology companies like Microsoft, Google and Meta. It shows the challenge brought by the gap between spending and sales to AI start-ups including Anthropic, Stability AI and Inflection AI. It informs about the acquisition of Inflection AI by Microsoft after the startup failed to continue to improve its technologies and keep pace with chatbots.

The article reports on the business performance of the technology industry as of February 2024. Topics mentioned include the decision of the industry to layoff employees and cut jobs to transition to artificial intelligence, the increase in consumer demand for computers from end of 2019 to 2023, the size of Amazon's work force, and the total employees of technology companies Microsoft, Google, Apple and Meta.