‘The Collapse Point Is Near’: Chinese Wealth Funds Warn of Global AI ‘Super Bubble’ Burst

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Two of the largest Chinese wealth funds, Wealspring Asset and Banxia, have warned about the impending doom of the global AI boom, stating that the so-called bubble may burst in the near future, as AI companies still lack a long-term moat for their operation. Chinese Wealth Funds Talk AI Bubble Burst Amid ‘Mindless Buying’ Period […]