Overview
- At Davos, OpenAI board chair Bret Taylor said AI is very likely a bubble and predicted a correction and consolidation, while BlackRock’s Larry Fink rejected the bubble label and cautioned against gains concentrating in a few giants.
- Investor appetite remains intense, with Humans& announcing a $480 million seed round at roughly a $4.48 billion valuation, and Bloomberg reporting Fei‑Fei Li’s World Labs is in talks to raise about $500 million at an implied $5 billion valuation that is not finalized.
- Hardware demand is reshaping supply chains as Jensen Huang said NVIDIA has become TSMC’s largest customer, and Chinese inference‑GPU maker Xiwang said it raised nearly ¥3 billion to fund next‑generation chips and scale production.
- Intel reported strong AI demand but short‑term supply and yield pressures, guiding that available supply will bottom in Q1 before improving, outlining 14A risk production in 2027 with potential orders in 2026H2–2027H1, and signaling Nova Lake is due late this year.
- Energy concerns are rising, with Envision Group’s Zhang Lei warning AI could become the largest energy user in history and projecting global electricity demand may increase tenfold over the next 50 years.