Meta's move into leasing its AI data centers shows that the company is already seeing oversupply in the market, though the company will keep spending anyway.
SpaceX remains way overvalued, as hyper-efficient, low-cost Chinese AI threatens America's surging investment in costly AI data centers. But there's some hidden upside, too.
Oracle's fate depends heavily on the ability of customer OpenAI to continue raising money so that it can make rent payments on Oracle's AI data centers.
Chinese AI continues to soar, pushing once-dominant American AI models to the wayside and threatening to seriously disrupt an AI industry built on ever-increasing spending.