
Tech: The AI Bubble Has Already Burst In China. Could The U.S. Be Next?
It’s been a massive year for AI — and it just got bigger. Anthropic, the company which makes Claude, filed its long-awaited Initial Public Offering on Monday in what could be the largest IPO ever. It was also a huge day for AI deals in general. SpaceX secured $40 billion in financing to lease chips to power modern AI. And Meta is seeking $95 billion for its AI buildout. Altogether, that’s about $235 billion in one day, almost 1 percent of U.S. GDP. We’re seeing Wall Street fund the AI buildout in real time. But the bubble has already burst in China. Could the U.S. be close behind? Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy


















