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According to the report, Wall Street’s AI party may be hitting its first reality check. For 18 months, the “Magnificent 7” — Apple, Microsoft, Amazon, Alphabet, Meta, Tesla, and Nvidia — have powered the S&P 500. But cracks are showing. A blunt MIT study revealed that 95% of AI pilot projects fail, sparking panic selling. Nvidia, Meta, Palantir, and others tumbled as investors questioned whether AI is truly delivering returns or just burning cash. Big Tech plans to spend $400B on AI infrastructure in 2025 — but will hype keep pace with reality? Is this the start of the AI bubble bursting?
I prefer offline. human contact. humanity. care, warm welcome, warm smile, sometime products suggested by other person, not robots.
I prefer offline. human contact. humanity. care, warm welcome, warm smile, sometime products suggested by other person, not robots.