- AI infrastructure race drives cloud and data center competition
- The Bank for International Settlements warned of international recession risks driven by the current AI boom, involving major tech companies.
Aswath Damodaran warned about the financial risks associated with reckless lending practices directed toward AI infrastructure.
1 report, 1 independent
Updated Jun 27
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What happened
Aswath Damodaran warned about the financial risks associated with reckless lending practices directed toward AI infrastructure.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Bank for International Settlements warned of international recession risks driven by the current AI boom, involving major tech companies.Also in this story
- Experts warn that the current AI boom is a speculative bubble leading to social chaos and economic downturns.
- Tech giants reported blowout earnings, easing investor concerns, even as weak PMI and GDP readings signal a global economic slowdown.
- AI spending drives corporate investment while war interrupts oil shipping, causing inflation risk.
Within AI infrastructure race drives cloud and data center competition
The entities involved
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Anthropic
American artificial intelligence corporation
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Aswath Damodaran
Indian academic
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