The OpenAI Bubble
SMRTR summary
OpenAI's massive spending, over $852 billion planned by 2030, has propped up the entire AI industry, but that foundation may be crumbling. Without OpenAI, trillions in data center debt and hyperscaler investments lose their justification, meaning its potential collapse could trigger a financial crisis similar to Lehman Brothers in 2008.
SMRTR provides this summary for quick context. The original article belongs to Daily.dev.
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