The boy from Muthurwa who carried a nation’s hopes onto some of football’s biggest stages has finally called time on his journey. Victor Wanyama, the first Kenyan to play in the Premier League, announced his retirement on Friday, bringing an end to a 20-year-long career
As summer sets in, mangoes are flooding markets across India—but not all of them are as safe as they look. Many are being chemically ripened and sold under the label of “organic," raising serious health concerns. Authorities are now urging consumers to look beyond the tempting golden glow
Amid the intensifying political battle ahead of the Assam Assembly elections, Chief Minister Himanta Biswa Sarma on Saturday targeted Congress leaders Rahul Gandhi and Gaurav Gogoi, calling them “Pappu" and “chhota Pappu" respectively.Amid the intensifying political battle ahead of the Assam
India's exports have sustained healthy momentum despite global headwinds and are expected to post positive growth in 2025-26, a senior official of the Commerce Ministry said on Friday (April 3, 2026). The exports and imports data for the month of March and the full 2025-26 fiscal year will be
The Jammu and Kashmir Assembly witnessed uproar on the final day of the Budget Session on Saturday (April 4, 2026), with members of the National Conference, the Congress and the PDP demanding a judicial probe into the recent Ganderbal encounter
Boom or bubble: How long can the AI investment craze last?

Boom or bubble: How long can the AI investment craze last?
The staggering investments in artificial intelligence keep coming: Last week, AI chip giant Nvidia announced it would invest $100 billion to help OpenAI, the frontrunner in generative AI, build data centers.
How are these enormous sums possible when the returns on investments, at least for now, pale in comparison?
- Huge investments -
AI-related spending is soaring worldwide, expected to reach approximately $1.5 trillion by 2025, according to US research firm Gartner, and over $2 trillion in 2026 -- nearly 2 percent of global GDP.
Even though tangible returns fall short of the investments going in, the AI revolution appears unstoppable.
"There's no doubt among investors that AI is the major breakthrough technology" -- on par with harnessing electricity, said Denis Barrier, head of investment fund Cathay Innovation.
Silicon Valley's mindset "is more about seizing the opportunity" than worrying about any risks, he said.
Geopolitical tensions are helping drive the frenzy, primarily to build massive data centers housing tens of thousands of expensive chips that require phenomenal electrical power and large-scale, energy-hungry cooling.
From 2013 to 2024, private AI investment reached $470 billion in the United States -- nearly a quarter in the last year alone -- followed by superpower rival China's $119 billion, according to a Stanford University report.
Just a handful of giants are on the receiving end, with OpenAI first in line.
In March 2025, ChatGPT's parent company raised approximately $40 billion, bringing its estimated valuation to around $300 billion, according to analysts.
- 'Circular funding' -
OpenAI is now the world's most valuable company, surpassing SpaceX, worth $500 billion in a deal for employees to sell a limited number of shares.
The company led by CEO Sam Altman sits at the center of an AI investment bonanza: It oversees the Stargate project, which has secured $400 billion of the $500 billion planned by 2029 for Texas data centers spanning an area the size of Manhattan.
The White House-backed consortium includes Softbank, Oracle, Microsoft and Nvidia.
Nvidia, which completed over 50 venture capital deals in 2024 according to PitchBook data, is often chided for practicing "circular funding" -- investing in startups that use the funds to buy its chips.
Some analysts criticize this as bubble-fueling behavior.
The OpenAI deal "will likely fuel those concerns," said Stacy Rasgon, a Bernstein Research analyst.
In the first six months of 2025, OpenAI pulled in around $4.3 billion in revenue, specialist outlet The Information reported this week.
Therefore, unlike Meta or Google with substantial cash reserves, OpenAI and competitors like Anthropic or Mistral must be creative in their search for funds to bridge the gap.
For AI believers, an explosion in revenue is only a matter of time for a company whose ChatGPT assistant serves 700 million people -- reaching nearly 9 percent of humanity less than three years after launch.
- 'Up in smoke' -
Nothing is certain, however.
Feeding AI's computing appetite will cost up to $500 billion annually in global data center investments through 2030, requiring $2 trillion in annual revenues to make the expenses viable, according to consulting firm Bain & Company.
Even under optimistic assumptions, Bain estimates the AI industry faces an $800 billion deficit.
OpenAI itself plans to spend over $100 billion by 2029 -- meaning turning a profit is still a ways off.
On the energy front, AI's global computing footprint could reach 200 gigawatts by 2030 -- the annual equivalent of Brazil's electric consumption -- half of that in the United States.
Despite the daunting figures, many analysts remain optimistic.
"Even with concerns about a possible 'AI bubble'... we estimate the sector is in its 1996" moment during the internet boom, "absolutely not its 1999" before that bubble burst, said Dan Ives, a Wedbush Securities analyst.
Long-term, "many dollars will go up in smoke, and there will be many losers, like during the internet bubble, but the internet remained," said the Silicon Valley investor.
bl/arp/bjt
NVIDIA
SOFTBANK GROUP
ORACLE
MICROSOFT
Source: LiveMint
Related Posts: The paradox of artificial intelligence 25 Jobs At Risk Due To Artificial Intelligence Amazon loses VP helping lead development of artificial general intelligence Donald Trump’s war on climate science has staggering implications BCCI announces staggering 131 crores cash reward for T20 World Cup 2026 winning India squad Indian-origin founder offers staggering salary to laid-off Meta employees Novak Djokovic matches Roger Federer's staggering record Last total lunar eclipse until 2029 is coming tomorrow dont miss it IIT Mandi Begins Application For MBA In Data Science And Artificial Intelligence UN approves 40-member scientific panel on the impact of artificial intelligence over US objections
The Iranian and United States forces were on Saturday attempting to find a crew member from the first American fighter jet to be shot down inside Iran since the beginning of the conflict, AFP reported. While Tehran said it had shot down the F-15 warplane
1 days ago
A fast-growing wildfire in windy Southern California prompted multiple evacuation orders and warnings on Friday (April 4, 2026). The Springs Fire broke out at around 11 a.m., and by 2.30 p.m. on Friday (April 4), the area had grown to 2.34 sq km
1 days ago
Jamie Bell has officially been cast as Duke Shelby in a new Peaky Blinders sequel series for Netflix. Washington DC : The streaming giant Netflix has released a first look at the untitled sequel series to 'Peaky Blinders,' starring Jamie Bell. He will star as Duke Shelby
1 days ago
Kerala Assembly elections 2026: Prime Minister Narendra Modi announced the countdown for the LDF government's removal has started. He predicted a BJP-led NDA government in Kerala, promising development. Modi highlighted Kerala's potential and criticized past governments for neglecting rural
1 days ago
The clip, viral on X (formerly Twitter), shows the man gently interacting with the cat. Instead of shooing it away, the officer engages playfully, petting the animal and even mimicking its movements. A heartwarming moment between a traffic policeman and a stray cat is melting hearts across the
1 days ago
Dhurandhar actor Udaybir Sandhu: I had doubts because I didn’t have many scenes, not much of a screen timeUdaybir Sandhu reflects on his role in Dhurandhar 2, as he shares his initial doubts and preparations behind the viral ‘Jassi tujhe ghar ki yaad nahi aai’ scene Updated on: Apr 04
1 days ago
Exchanges will roll out a revised Order-to-Trade Ratio (OTR) framework effective April 6, offering compliance relief to equity options traders while exempting certain algorithmic orders from penalties. The Order-to-Trade Ratio (OTR) tracks the number of orders placed—including cancellations and
1 days ago
In a major policy decision, the Indian government has imposed strict curbs on the import of all forms of gold, silver, and platinum articles with immediate effect. The new restrictions, issued by the Directorate General of Foreign Trade (DGFT)
1 days ago
The first glimpse of Nitesh Tiwari’s magnum opus, officially titled “Rama", was unveiled on April 2 to mark the occasion of Hanuman Jayanti. While the teaser dazzled audiences with its Rs 4,000 crore scale and Ranbir Kapoor’s serene portrayal of the titular deity
1 days ago
India Data Centre Capacity 2030: According to media reports, India’s data centre capacity is projected to grow nearly fivefold, from over 4,500 MW (4.5 GW) to potentially 8 to 10 GW by 2030, driven by rising AI workloads, cloud adoption, and a 20 to 30 billion dollar investment surge
1 days ago
Realme 16 5G Vs OnePlus Nord 5 Price In India: The Realme 16 5G focuses on battery, durability, and software support, while the OnePlus Nord 5 delivers flagship-level performance, a better display, and versatile cameras. Realme 16 5G Vs OnePlus Nord 5 Price In India: If you are looking for the best
1 days ago
TV's Rama praises Ranbir Kapoor's aura in Ramayana teaser, but wants no Arun Govil comparison: 'Impossible to match him'Sujay Reu, who played Lord Rama in Shrimad Ramayan, praises Ranbir Kapoor's portrayal of the deity in the Ramayana teaser and expresses hope for the film. Apr 4, 2026
1 days ago
Alexandersson stresses \"mindset\" as India gear up for Australia challenge in U20 Women’s Asian Cup Updated on: Apr 04, 2026 5:03 PM IST PTI Share via Copy link Alexandersson stresses \"mindset\" as India gear up for Australia challenge in U20 Women’s Asian Cup Key Takeaways Summary is
1 days ago
What began as an energetic evening of music quickly spiralled into chaos during Sunanda Sharma’s live performance at Raj Kumar Goel Institute of Technology (RKGIT) in Ghaziabad on April 3. The Punjabi singer-actor, known for popular tracks like Jatt Yamla, Jaani Tera Naa and Pagal Nahi Hona
1 days ago
Payal Nag stuns Sheetal for gold as India top standings in Bangkok Para Archery Published on: Apr 04, 2026 4:58 PM IST PTI Share via Copy link Payal Nag stuns Sheetal for gold as India top standings in Bangkok Para Archery Key Takeaways Summary is AI-generated Teenage quadruple amputee archer Payal
1 days ago
Congress leader Rahul Gandhi launched a sharp attack on the Pinarayi Vijayan-led Left Democratic Front (LDF) government in Kerala, accusing the ruling alliance of maintaining close ties with the Bharatiya Janata Party (BJP) and the Rashtriya Swayamsevak Sangh (RSS)
1 days ago
Stalin slams NEP 3-language plan, Pradhan calls it ‘linguistic liberation’Tamil Nadu CM flags “Hindi imposition” in CBSE’s new language policy, while Centre says NEP promotes multilingualism and flexibility in education. Published on: Apr 04, 2026 5:40 PM IST By Sanjay Maurya
1 days ago
New York teacher earning $90,000 uses $55 an hour side hustle to pay off her student loanA New York teacher boosts income with a side hustle earning $55 an hour, aiming to clear student debt and build financial stability. Published on: Apr 04
1 days ago
Diplomat with a canvas: Ambassador Khobragade bridging cultures with his artworksDiplomat with a canvas: Ambassador Khobragade bridging cultures with his artworks Published on: Apr 04, 2026 5:59 PM IST PTI Share via Copy link New Delhi, A diplomat's life largely involves holding bilateral
1 days ago
Dehradun, Apr 4 (PTI) Uttarakhand Police have arrested two more men involved in the murder of a retired Brigadier following an encounter on early Saturday morning, officials said. Dehradun Senior Superintendent of Police (SSP) Pramendra Singh Dobal said that a total of nine individuals have been
1 days ago
Gujarat Titans will play Rajasthan Royals in Ahmedabad on Saturday. Gujarat Titans seek their first win after a close loss. Rajasthan Royals are confident after a strong victory. Historically, Gujarat Titans have a good record against Rajasthan Royals. The last encounter was won by Rajasthan Royals
1 days ago
Volkswagen India has teased the updated Volkswagen Taigun ahead of its official debut in India on April 9, 2026. The upcoming model will be the company’s second launch this year. Volkswagen India has teased the updated Volkswagen Taigun ahead of its official debut in India on April 9, 2026
1 days ago
The fitness industry is undergoing a quiet but powerful transformation. What was once driven by quick fixes and aesthetic goals is now being reshaped into a more layered, long-term pursuit of well-being. Across gyms, studios, and digital platforms
1 days ago
New Delhi [India], April 4: Cristiano Ronaldo is more than a football legend — he is a global icon whose name carries unmatched recognition and influence. Known for his relentless discipline, extraordinary talent, and unwavering pursuit of excellence
1 days ago
Chardham Yatra is the most sacred pilgrimage in India. These temples are located in the center of India’s magnificent Himalayas. Large number of devotees visit these sacred temples to have a glimpse of the deities and goddesses in the form of river
1 days ago
With gold prices witnessing sharp volatility, jewellers are stepping up promotional strategies ahead of Akshaya Tritiya, one of the biggest gold-buying festivals in India. KISNA Diamond and Gold Jewellery has introduced a Gold Rate Protection Plan
1 days ago
Torrent Gas raises CNG price by Rs 2.50 per kg, hitting auto drivers and commuters, private firms hike petrol and diesel while state owned retailers hold rates steady Torrent Gas has announced a hike of Rs 2.50 per kg in compressed natural gas (CNG) prices in the city
1 days ago