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The honeymoon period for the explosive growth of the AI industry may be drawing to a close, as some of the world’s top financial institutions are growing increasingly worried about the sheer quantity of debt being taken on by top tech and AI firms to build out the infrastructure they all claim is so necessary, as Bloomberg reports. Although the top firms continue to perform well, recent wobbles in stock pricing suggest confidence is waning and the risk of a larger collapse grows ever greater.
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The honeymoon period for the explosive growth of the AI industry may be drawing to a close, as some of the world’s top financial institutions are growing increasingly worried about the sheer quantity of debt being taken on by top tech and AI firms to build out the infrastructure they all claim is so necessary, as Bloomberg reports. Although the top firms continue to perform well, recent wobbles in stock pricing suggest confidence is waning and the risk of a larger collapse grows ever greater.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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