Shenchao TechFlow news, July 4, Tether CEO Paolo Ardoino posted on the X platform, saying that large AI technology companies are acquiring users by subsidizing computing power and continuously investing in high-cost infrastructure and capital expenditures, but the related assets face rapid depreciation pressure of about 3 to 5 years. He pointed out that the current industry has multiple mismatches, including mismatches between token prices, profitability timelines, and capital cost maturity; at the same time, open-source AI is also continuously eroding the industry's growing revenue share.

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