The AI spending boom is entering a “dangerous” phase as Big Tech firms increasingly tap external investors to cover mounting costs, a top executive at hedge fund giant Bridgewater Associates said on Monday.
The warning underscores the degree of unease rippling through markets as several investors have begun to question the sustainability of massive capital spending on AI.
While the technology has deeply permeated the economy, critics are beginning to wonder how severe the fallout could be if the boom fails to translate into tangible profits.
“Going…
