Very high risk situation for NBIS now. Not just for them, but all AI sub businesses in NeoCloud and Data Centre investments.
Whereas there is truth that AI will fuel the next big idea, it is also true to note that valuations for many of the participating companies is way stretched.
Go back to 2000. Internet is real. And everyone needs internet now. But look at what happened to most of the companies that were the dotcom stories then. Not many survived beyond a year after the burst.
So how many AI stories will be around at the end of 2027?
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