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Gee...looks like I'm correct yet again.I've said it was a bubble all along. It appears some people are starting to catch up to my psychic read. Just note how Nividia stock didn't 'go to the moon' after earnings reports. And they are the shovel seller...
AI companies are looking to spend trillions of dollars on data centers to power their increasingly resource-intensive AI models — an astronomical amount of money that could if the bet doesn’t pay off.
As the race to spend as much money as possible on AI infrastructure rages on, companies have become increasingly desperate to keep the cash flowing. Firms like OpenAI, Anthropic, and Oracle are exhausting existing debt markets — including junk debt, private credit, and asset-backed loans — in increasingly desperate moves,