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Pooran's avatar

is AI in a bubble right now? could you write more about the circular financing deals of Big Tech?

Pranav Manie's avatar

Hi Pooran, we explained the circular financing deals of Big Tech in our previous piece to some degree: https://thedailybrief.zerodha.com/i/179933315/the-shaky-blocks-in-ais-jenga-stack

AI is exhibiting many bubble-like dynamics, yes, but there are certain unique features to the investment wave that make it more fragile.