AI Balloon in China Deflates by Half a Trillion Dollars
There’s been a lot of talk this year about a humongous AI bubble. We’ve written about that many times here on CleanTechnica, but focused on the US market. AI software companies have massive valuations/market caps based on hype and growth in AI use but without demonstrating anything close to profitability ... [continued] The post AI Balloon in China Deflates by Half a Trillion Dollars appeared…
There’s been a lot of talk this year about a humongous AI bubble. We’ve written about that many times here on CleanTechnica, but focused on the US market. AI software companies have massive valuations/market caps based on hype and growth in AI use but without demonstrating anything close to profitability ... [continued] The post AI Balloon in China Deflates by Half a Trillion Dollars appeared…
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