The desperate financial race of AI (finance.yahoo.com)

submitted 1 week ago* (last edited 1 week ago) by phil@lymme.dynv6.net to c/fuck_ai@lemmy.world

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Hundreds of b$ already "invested" by NVidia, MS, Amazon, OpenAI, Google, Meta, etc. Now they're ready to pump another bunch of hundreds of billion $. Isn't it by far the biggest financial bubble ever created? Can such kind of money even exist without astronomical bank credits, and what happens to those banks when that game ends (and by domino effect virtually every one)?

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this post was submitted on 30 Jan 2026

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