Alibaba Group Holding chairman Joe Tsai is raising some alarm bells on global tech investments to support advances in artificial intelligence (AI) services, citing a possible bubble in speculative bets on data-centre construction as an example.
A rush among global tech leaders and investment funds into infrastructure projects to support AI’s computational, storage and energy needs is worrisome, he said at the HSBC Global Investment Summit in Hong Kong on Tuesday.
“I start to see the…
Article Source
https://www.scmp.com/business/banking-finance/article/3303769/some-ai-related-bets-are-speculative-and-creating-bubble-alibabas-tsai-says