Investors continue to fret over an AI bubble “reckoning,” as gains in productivity from the tech remain elusive. However, a far more significant 56 percent said AI has failed to either boost revenue or lower costs. That’s despite AI companies pouring tens of billions into data center buildouts and related infrastructure. “A small group of companies are already turning AI into measurable financial returns, whilst many others are still struggling to move beyond pilots,” said PwC global chairman Mohamed Kande in a statement. More on the AI hype: Terrified Investors Are Bracing for an AI Bubble “Reckoning”