The AI Boom May Be Sowing Seeds of Another Financial Crisis

More in Artificial Intelligence

• Commentary: Permanent WFH is AI’s best promise yet

  Emerging technologies are reversing centuries of rigid office culture by driving a modern revival of decentralized, home-based labor. Advanced digital platforms and automation are cutting business overhead, allowing independent operators to manage complex ventures without conventional corporate infrastructure. This shift enables workers across generations to trade traditional employment for greater autonomy and self-directed schedules.

  4 min read
• Revolut says it cut AI coding inference costs by ~90% in less than a year by making self-hosted GLM models its default over commercial tools like Claude Code (Tobias Mann/The Register)

  The fintech company achieved massive infrastructure savings by migrating its primary developer workflows away from third-party vendor platforms toward an internal setup. This strategic shift highlights how enterprise engineering teams are actively addressing the ballooning operational expenses tied to large-scale artificial intelligence deployments. By managing the underlying architecture internally, the organization established a more sustainable cost structure for its technical operations.

  1 min read
• AI bubble burst this week? OpenAI under significant stress

  The company is grappling with severe liquidity issues after raising just $11 billion of an initial $30 billion target at a $1.25 trillion valuation. Backers have refused to commit the additional $9 billion needed to keep operations funded for the coming months. A potential insolvency risks setting off broader industry fallout, threatening to idle data centers and eliminate demand for graphics processing units.

  1 min read