Is AI Spending Translating Into Profits for Companies?

Is AI Spending Translating Into Profits for Companies? Yes, but not everywhere, and certainly not equally. There is a tendency with every major technological cycle to gravitate toward one of two extremes. Either the technology is going to change everything immediately, or the enormous amount of spending proves we are in a bubble. I don’t […]
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Data Center Deficit: The Political Crisis Quietly Threatening AI

Data Center Deficit: The Political Crisis Quietly Threatening AI While investors fret over a potential financial bubble driven by soaring tech valuations and massive infrastructure spending, the true vulnerability of the artificial intelligence boom lies in the physical world. The critical bottleneck is not a lack of commercial demand or technological utility, but rather the […]
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Crowding Out: Competition for Capital

Crowding Out: Competition for Capital This week, the Treasury surprised markets when it said it would at least double the maximum size of certain buyback operations for 10- to 30-year securities, raising the cap from $2 billion to “at least” $4 billion per operation. The initial market reaction was straightforward: prices of long-dated Treasuries rose […]
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