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