BREAKING
Grantham: AI Spending Is a Bubble
0
B
Combined capex 2026
0
%
Of U.S. GDP
0
Big Tech firms
From Monopoly to Brutal Rivalry
0
B
Raised (largest ever)
0
%
First-day gain
0
T
Valuation
Boom Support vs Bubble Risk
Bullish view
Support
●
AI capex props up the economy
●
xAI and Starship seen as edges
Bearish view
Risk
●
Prices over 2 standard deviations
●
Echoes railroad and dot-com busts
Weighing Growth Against the Burst
AI NEWS BLITZ
GMO's Jeremy Grantham calls the AI investment wave a clear bubble and a fight to the death.