AI Investment Boom Defies Bubble Talk as Tech Giants Push Boundaries
Alphabet CEO Sundar Pichai acknowledges "elements of irrationality" in the AI infrastructure Gold rush, even as Google's Gemini 3 LLM demonstrates breakthrough performance gains. The model's quantum leap over its predecessor challenges prevailing assumptions about diminishing returns in large language model development.
Nvidia's Jensen Huang reports unprecedented demand for Blackwell GPUs, with cloud computing units sold out industry-wide. CFO Colette Kress revealed even six-year-old A100 chips continue operating at full capacity, countering short-seller narratives about artificial demand inflation.