Kai Wu / Sparkline Capital:

The AI buildout, surpassing railroads and the internet, moves Big Tech from its successful asset-light model, and prior booms have resulted in overinvestment  —  Executive Summary  —  The AI revolution has reached a key inflection point, with the largest U.S. tech firms embarking on a massive AI infrastructure buildout.

Kai Wu / Sparkline Capital:

The AI buildout, surpassing railroads and the internet, moves Big Tech from its successful asset-light model, and prior booms have resulted in overinvestment  —  Executive Summary  —  The AI revolution has reached a key inflection point, with the largest U.S. tech firms embarking on a massive AI infrastructure buildout.

Source: TechMeme
Source Link: http://www.techmeme.com/251027/p19#a251027p19