Raspberry Pi Prices Soar Amid AI-Driven Memory Shortage
The makers of the popular single-board computer Raspberry Pi have announced price hikes for several models, citing the recent surge in demand for memory chips driven by the growing AI industry. The increases are immediate, with prices ranging from $5 to $25 on some variants, depending on the model and amount of RAM included.
CEO Eben Upton wrote in a blog post that the current "pressure on memory prices" is being felt due to competition from the rapidly expanding AI infrastructure roll-out. While he acknowledged the painful impact this will have on consumers, Upton assured that the company looks forward to unwinding these price increases once the market pressure eases.
However, one thing is certain: once a product's price surges, it tends not to drop again anytime soon. The good news for Raspberry Pi enthusiasts is that the company has also announced a new 1GB variant of the Raspberry Pi 5, which starts at just $45 and includes a quad-core processor, dual-band Wi-Fi, and a PCI Express slot.
The AI industry's insatiable appetite for memory and other components has been widely reported in recent times. The growing demand has forced companies like CyberPower PC to abandon holiday sales on memory products due to the skyrocketing prices. As AI continues to shape various industries, it's becoming increasingly clear that its impact extends far beyond just the tech sector.
While it's difficult to put a price tag on AI-generated content or services, their real-world consequences are undeniable. From powering complex algorithms to fueling machine learning models, AI is driving growth in memory demand and, in turn, affecting industries across the board.
The makers of the popular single-board computer Raspberry Pi have announced price hikes for several models, citing the recent surge in demand for memory chips driven by the growing AI industry. The increases are immediate, with prices ranging from $5 to $25 on some variants, depending on the model and amount of RAM included.
CEO Eben Upton wrote in a blog post that the current "pressure on memory prices" is being felt due to competition from the rapidly expanding AI infrastructure roll-out. While he acknowledged the painful impact this will have on consumers, Upton assured that the company looks forward to unwinding these price increases once the market pressure eases.
However, one thing is certain: once a product's price surges, it tends not to drop again anytime soon. The good news for Raspberry Pi enthusiasts is that the company has also announced a new 1GB variant of the Raspberry Pi 5, which starts at just $45 and includes a quad-core processor, dual-band Wi-Fi, and a PCI Express slot.
The AI industry's insatiable appetite for memory and other components has been widely reported in recent times. The growing demand has forced companies like CyberPower PC to abandon holiday sales on memory products due to the skyrocketing prices. As AI continues to shape various industries, it's becoming increasingly clear that its impact extends far beyond just the tech sector.
While it's difficult to put a price tag on AI-generated content or services, their real-world consequences are undeniable. From powering complex algorithms to fueling machine learning models, AI is driving growth in memory demand and, in turn, affecting industries across the board.