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AI Balloon in China Deflates by Half a Trillion Dollars
There’s been a lot of talk this year about a humongous AI bubble. We’ve written about that many times here on CleanTechnica , but focused on the US market.
Summary
There’s been a lot of talk this year about a humongous AI bubble. We’ve written about that many times here on CleanTechnica , but focused on the US market. AI software companies have massive valuations/market caps based on hype and growth in AI use but without demonstrating anything close to profitability or a clear plan for profitability. AI hardware company growth is dependent on continued software growth, of course.
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