>The problem is, they are hugely incentivised to hype to raise funding.

Hype is extremely normal. Everyone with a business gets the chance to hype for the purpose of funding. That alone isn't going to get several of the biggest tech giants in the world to pour billions.

Satya just said, "he has his 80 billion ready". Is Microsoft an "AI foundation company" ? Is Google ? Is Meta ?

The point is the old saying - "Put your money where your mouth is". People can say all sorts of things but what they choose to spend their money on says a whole lot.

And I'm not saying this means the investment is guaranteed to be worth it.