For months, Silicon Valley felt like a casino where every bet on AI hit jackpot. Chips, models, platforms — if it had “AI” in the name, it soared. But today, reality checked the hype. Big-tech stocks plunged and global markets followed — wiping out $730 billion in a single day. The trigger? Michael Burry — the man who predicted the 2008 crash — just placed a massive bet against AI stocks, echoing fears of a bubble. Is this the end of AI euphoria? Or just a pause before the next boom? Palki Sharma tells you.
Credit to : Firstpost