Lates News

date
26/09/2025
Hedge fund manager David Einhorn warns that even though artificial intelligence technology itself is revolutionary, unprecedented spending on the infrastructure for AI could destroy a significant amount of capital. The founder of Greenlight Capital stated that the overall investment of tens of trillions of dollars by companies like Apple, Meta Platforms Inc., and OpenAI is too extreme and the potential returns are highly uncertain. While he expects AI to eventually surpass current optimistic forecasts, he also questions whether investing one trillion or five hundred billion dollars a year will bring good returns to the companies making those investments.