The AI bubble is inflating, and investors believe the risk of it bursting is growing
Nvidia, in partnership with the world’s largest financial firms, plans to raise approximately $500 billion to develop AI infrastructure.
The consortium includes Apollo Global, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and KKR. The project is designed to meet the demand for new data centers.
The tech giants’ total annual spending on infrastructure is approaching $730 billion.
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