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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (48014)9/27/2025 10:28:21 AM
From: Les H  Read Replies (1) | Respond to of 48911
 
The next big financial crisis may be brewing. Warning signs are already there

Larry Elliott

Guardian

The last two financial crises in 2000 and 2007 were caused by the collapse in the value of bonds and the inability of vendors and buyers to keep borrowing beyond their means with 125% financing during the telecom and housing bubbles. Nvidia bought openAI some time as the latter was in danger of burning through its cash.

OpenAI shows off massive data center

Each server rack in those buildings holds 72 of Nvidia’s GB200 chips, which are designed for the most intensive AI workloads. Each building is expected to have about 60,000 of them.

https://cedarrapidsgazette-ia.newsmemory.com/?publink=3f17a3d3b_134fb52