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Friday, November 15, 2024

AI bubble will burst if the number of AI servers doesn’t increase rapidly: fund manager

AI bubble will burst if the number of AI servers doesn’t increase rapidly: fund manager

The AI gold rush is in full swing, but a fund manager is sounding the alarm as he believes the frenzy could turn to dust if the industry doesn’t increase its computing power.

Nessim-Sariel Gaon, managing partner of LIAN Group, issued this warning in response to recent market volatility surrounding chipmaker NVIDIA (NASDAQ:NVDA), a major player in the AI sector. Concerns regarding a potential AI bubble bursting have also been voiced by analysts at Goldman Sachs, raising concern about the future health of the AI market.

 

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