This Artificial Intelligence (AI) Stock Has a $66 Billion Backlog. Here's Why It Could Soar in 2026.
Source: Motley Fool
2026-03-11 15:25:00 ET
Artificial intelligence (AI) is expensive. It constantly needs more of everything to advance as a technology: more electricity, more data centers, more memory, more money.
Back in 2024, OpenAI CEO Sam Altman stated that ChatGPT-4 , then the latest version of the large language model (LLM), cost over $100 million to develop.
Lots of companies want to develop AI , either for commercial use or for their own internal purposes. But many either can't spend or would rather avoid spending hundreds of millions, if not billions, of dollars to develop their own AI infrastructure.
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