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AI hype fading

Oracle’s decision to tap the debt markets has helped revive scrutiny of AI spending.It might not seem like much based on the action in markets, but doubts about the durability of the artificial-intelligence trade were having a moment. Recent deals involving Oracle Corp. (ORCL) and OpenAI, as well as OpenAI and Nvidia Corp. (NVDA), revived concerns about circular financing in AI, as well as where money for these new data-center commitments would come from.  Creeping doubts appeared to weigh on stocks, causing major indexes to finish the week just shy of record territory as several AI-related names came under pressure. Still, investors’ eagerness to buy on dips once again helped to limit losses, said Mark Hackett, chief market strategist at Nationwide. Do you think that AI may not be very advanced due to security issues associated with it ?

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