MARA CEO: Current AI Development Environment Similar to the 2000s Internet Bubble
Fred Thiel, CEO of bitcoin miner MARA (formerly Marathon Digital), has warned that the current AI environment is similar to the dot-com bubble of the 2000s, and that many companies may have overbuilt their infrastructure in the face of insufficient demand.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain whale purchased 2,024 ETH and currently holds 7,066 ETH.
A certain whale has accumulated 7,066 ETH on HyperLiquid, with holdings exceeding $21.22 million.
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule