Steve Eisman Just Highlighted a Major Risk for the AI Boom — And It Doesn’t Appear to Bode Well for Nvidia

Steve Eisman Just Highlighted a Major Risk for the AI Boom — And It Doesn’t Appear to Bode Well for Nvidia

The post Steve Eisman Just Highlighted a Major Risk for the AI Boom — And It Doesn’t Appear to Bode Well for Nvidia appeared first on 24/7 Wall St..Steve Eisman, the man who bet against housing on the cusp of the Great Financial Crisis, hasn’t been nearly as bearish on the AI boom as you’d think, at least not half as bearish as Dr. Michael Burry, who also shorted housing before its collapse back in 2008. Eisman, who’s moved on from Neuberger Ber…

'Big Short' Investor Steve Eisman Warns AI Boom Depends On Just OpenAI and Anthropic

Steve Eisman, the investor famous for betting against the U.S. housing market before the global financial crisis, is now sounding the alarm on a hidden vulnerability in the artificial intelligence boom. Eisman says the entire AI investment thesis rests uncomfortably on the commercial success of just two private companies: OpenAI and Anthropic. Speaking on CNBC’s “Fast Money,” Eisman argued that the two AI startups account for roughly 70% of AI-r…

‘Big Short’ investor warns AI boom has quiet weak spot

The artificial-intelligence boom is sold to investors as one of the broadest technology shifts in decades. And a shockingly substantial part of the answer may lie with just two corporations, says Steve Eisman. The investor best known for betting against…