Is the AI bubble popping right before our eyes?
Microsoft Abandons More Data Center Projects, TD Cowen Says - Bloomberg Source: Bloomberg
What a change of perception in 3 years...
It seems that the West too often underestimates China China has achieved what they deemed impossible to do. We've seen this first hand in the EVs, electric batteries, solar panels, wind turbines and renewable energy. We might see it with AI as well Source: Cyrus Janssen @thecyrusjanssen @richardturrin
Oups...
Microsoft will NOT participate in OpenAI Stargate project due to overestimation of demand
The AI Arms Race: Increase in CapEx Spending over the last 6 Quarters...
-Amazon $AMZN: +143% -Meta $META: +135% -Google $GOOGL: +107% -Microsoft $MSFT: +77% Source: Charlie Bilello
BREAKING: Prediction markets are now showing a 74% chance of Grok being the best AI in the world this month
Since the release of Grok-3, the odds of Grok being the best AI this month have soared +50 percentage points. In Grok's benchmarks, Grok-3 outperforms both ChatGPT and DeepSeek in multiple categories. The AI race continues to heat up. Source: The Kobeissi Letter, @Kalshi
GROK 3 IS AMERICA’S ANSWER TO DEEPSEEK—AND IT’S DOMINATING
xAI deserves credit for building world-class reasoning models at record speed—proving that America still leads in AI. With Grok 3 outperforming competitors, it’s clear xAI is setting the new standard for intelligence and innovation. Perplexity AI CEO: “Once the API is live, integration is coming.” America builds fast. Elon is proving it.
Xi wants some of that AI bubble cash.
Here he is shaking hands with Jack Ma after sending him in exile 4 years ago. Source: zerohedge
"AI" +"Adoption" mentions of the US companies with over $1 billion in market capitalization spiked to ~100, an all-time high.
During Q4 2024 earnings, a record 50% of S&P 500 firms mentioned “AI”. Source: Global Markets Investor
