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Mar, 2025 : Joe Tsai Warns of AI Bubble Amid Surging U.S. Investment
📅 - Alibaba Chairman Joe Tsai noted rapid AI investment, especially in data centers, often lacking demand or signed contracts.At the HSBC Global Investment Summit held in Hong Kong, Alibaba GroupChairman Joe Tsai expressed concern over what he perceives as early signs of an artificial intelligence data center investment bubble forming in the United States. His remarks come as major tech firms make record AI investments, raising concerns about sustainability and strategic alignment.
Alibaba Chairman Joe Tsai highlighted the accelerating pace at which capital is being funneled into AI initiatives, particularly data center construction, often without corresponding customer demand or signed [...][... Check source for end of article ...]
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📅 - Alibaba Chairman Joe Tsai noted rapid AI investment, especially in data centers, often lacking demand or signed contracts.At the HSBC Global Investment Summit held in Hong Kong, Alibaba GroupChairman Joe Tsai expressed concern over what he perceives as early signs of an artificial intelligence data center investment bubble forming in the United States. His remarks come as major tech firms make record AI investments, raising concerns about sustainability and strategic alignment.
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