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AI Spending Surge: Will Trillions Bring Returns?

9/27/2025

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Story summary
  • Hedge fund manager David Einhorn warns that massive artificial intelligence (AI) infrastructure spending could destroy capital despite potential long-term gains.
  • Apple, Meta, and OpenAI plan trillions in AI investments, but returns remain uncertain.
  • Massachusetts Institute of Technology (MIT) reports 95% of firms integrating artificial intelligence have not attained returns, while media and tech sectors see major changes.