As data-center operator CoreWeave prepares for earnings, stock bears worry its finances are emblematic of an AI bubble

As data-center operator CoreWeave prepares for earnings, stock bears worry its finances are emblematic of an AI bubble

A vast data center in Plano, Texas, is a symbol of the enormous AI infrastructure boom that has boosted stock markets and driven U.S. economic growth over the past year. The data center occupies more than 450,000 square feet and cost $1.6 billion to construct and equip. It supplies 30 megawatts of computing power to…

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AI may be an ‘industrial bubble,’ but its benefits to society will be ‘gigantic’

AI may be an ‘industrial bubble,’ but its benefits to society will be ‘gigantic’

Amazon founder Jeff Bezos has reportedly called artificial intelligence an “industrial bubble,” on Monday. The term “bubble” refers to a period of inflated stock prices or valuations of companies that have disconnected from the fundamentals of a business. One of the most famous bubbles that burst was the 2000 dotcom crash where the value of…

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