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Trump isn't ‘completely wrong’: Hormuz disruption is Asia’s problem, says Singapore's foreign minister Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next Jaguar Finally Reveals Its Biggest Gamble: the Type 01 You Probably Aren’t Going to Get the Plague Braid-creator Jonathan Blow on making the 'biggest puzzle game ever' How to find out if Amazon thinks you have ‘flat buttocks’ Apple is reportedly partnering with LG to launch a smart lock, thermostat, and doorbell Actress Eva Marie Saint, who won an Oscar for 'On the Waterfront,' dies at 102 Ex-Ramp engineers raise $20M for platform Melius after scrapping their first product Cramer says these blue-chip stocks are among the best ways to invest in the AI boom Trump isn't ‘completely wrong’: Hormuz disruption is Asia’s problem, says Singapore's foreign minister Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next Jaguar Finally Reveals Its Biggest Gamble: the Type 01 You Probably Aren’t Going to Get the Plague Braid-creator Jonathan Blow on making the 'biggest puzzle game ever' How to find out if Amazon thinks you have ‘flat buttocks’ Apple is reportedly partnering with LG to launch a smart lock, thermostat, and doorbell Actress Eva Marie Saint, who won an Oscar for 'On the Waterfront,' dies at 102 Ex-Ramp engineers raise $20M for platform Melius after scrapping their first product Cramer says these blue-chip stocks are among the best ways to invest in the AI boom

Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next

Source: cnbc October 6, 2026 · 17:49
Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next
Photo by Tara Winstead · Pexels
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Former BitMEX CEO Arthur Hayes says the AI infrastructure boom is being overbuilt and is betting an eventual crash and bailout will send crypto higher.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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