AI boom could waste trillions on data centres, trigger crash and crypto rally, says Arthur Hayes
Asia AI Markets (Google News)en
Asia AI Markets (Google News)
AI Global WireArthur Hayes, former BitMEX CEO, says the AI boom is wasting trillions of dollars on data-centre capacity. He expects the overbuild to trigger an AI infrastructure crash and government bailout around ...
This is a short summary published by AI Global Wire. The full article is owned and hosted by Asia AI Markets (Google News) — open it there to read it in full.
Read the full story at Asia AI Markets (Google News)Related AI news
- Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchaseCNBC Technology · October 7, 2026
- Intel investors get some reassurance from Elon Musk over a major chip endeavorMarketWatch Tech · October 7, 2026
- Meta stock scores a rare ‘golden cross’ buy signal as investors swarm to its top-charting AI agentMarketWatch Tech · October 7, 2026
- Meta’s stock scores a rare ‘golden cross’ buy signal as investors swarm to its chart-topping AI agent MuseMarketWatch Tech · October 7, 2026
- SpaceX reportedly is looking to borrow as much money as the company generates in revenue to buy Nvidia chipsMarketWatch Tech · October 7, 2026
- Elon Musk and Intel CEO shore up chipmaker’s role in Terafab project — and here’s what the news is doing to the stock.MarketWatch Tech · October 7, 2026