The Australian News

Latest Australian news delivered daily

AI has long-term value, but it could still be a bubble: expert | ABC NEWS


Artificial intelligence is generating billions in revenue, but the world’s biggest technology companies are spending unprecedented sums on data centres and infrastructure to stay ahead in the AI race.
Capital Brief editor James Hennessy explains how Big Tech is funding the boom through borrowing, and why AI’s long-term potential doesn’t necessarily mean today’s investment frenzy is sustainable.

Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-06-30/ai-boom-big-tech-investment-drain-market-volatility/106857426

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | The News Room