AI can be both a tech revolution and a capital investment bubble — FNBO
AI can be both a tech revolution and a capital investment bubble — FNBO
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SoftBank Group Reports Q1 Results and AI Infrastructure Plans
SoftBank reported a 1.8 trillion yen investment gain and net income of 347 billion yen for the quarter. Executives discussed AI infrastructure investments, including plans for a 5-gigawatt data center in France.
BlackRock says AI remains in early build-out phase
BlackRock strategist Wei Li said AI is still in the first of three stages, citing nearly $600 billion in combined capex this year from Amazon, Alphabet and Microsoft.