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Has AI already entered a bubble??? What exactly did Alibaba's Cai Chongxin say today!
Sina Technology reported on the afternoon of March 25, that according to market news, at the 2025 HSBC Global Investment Summit held in Hong Kong, Alibaba Group Director Cai Chongxin stated that there is a bubble in AI Datacenter construction and that computing power is already in surplus. However, conveyed by stock self-media, it turned into Cai Chongxin saying that AI has already formed a bubble. So, what exactly did Cai Chongxin say at the conference? It is reported that at the meeting, Cai Chongxin indicated that caution is needed in the field of Datacenter construction as a potential bubble may be forming. He pointed out that there is currently a trend of blindly building Server bases without adequately considering a defined customer group.
