Fox News AI Newsletter: One year until AI market busts, investor says
IN TODAY’S NEWSLETTER:
- We have one year until the AI market busts, Niles Investment Management founder says
- Zuckerberg lays out vision to put superintelligent AI in everyone's hands
- A Southern state just took the top spot in one of the world’s fastest-growing industries
ON THE CLOCK: Niles Investment Management founder Dan Niles discusses the future of the AI market on FOX Business' "Making Money."
NEW ERA: Meta founder and CEO Mark Zuckerberg on Monday outlined his vision for a world where personal superintelligence is available to everyone rather than only a select few.
NUMBER ONE, Y’ALL: North Texas has beaten some of the world’s biggest data center hubs to claim the No. 1 spot in a new global ranking, as Texas becomes an increasingly powerful player in the industry.
PROSPERITY PLAY: Palantir CTO Shyam Sankar said he’s seen significant progress since his Fox News op-ed imploring America to take advantage of both AI and the American worker, while sharing some observations on China’s use of AI.
'MUCH BIGGER RISK': David Bahnsen warns of circular credit risks as Nvidia launches a $500 billion AI financing program. The financial analyst tells Stuart Varney that partnering with Blackstone and BlackRock to fund earnings-poor tech customers dramatically heightens volatility. Bahnsen compares the massive scale of this sector's debt expansion to previous market corrections, urging caution for retail investors.
GRID BOOST: Base Power co-founder and CEO Zach Dell discusses the challenges facing America's electrical grid amid skyrocketing electricity demand. Dell explains how his company's home battery backup technology helps Texas homeowners manage rising utility bills and maintain power reliability. The discussion highlights how the artificial intelligence boom and data centers are accelerating the nation's power crunch.
POWER STRUGGLE: The artificial intelligence boom is fueling a data center rush in Texas and opening a rare divide between President Donald Trump and one of his closest political allies — Republican Gov. Greg Abbott.
HARD HAT ECONOMY: The future of artificial intelligence may depend less on coders than on construction workers, electricians and factory technicians.
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