Even banks and hyperscalers are now sounding the alarm about the AI bubble

KETTLE From international banking worries to the market state of canary-in-the-coal-mine Oracle, the AI bubble is sure looking taut. The Bank for International Settlements, often referred to as "the central bank for central banks", said in a report at the end of June that it was worried the AI bubble was nigh on to popping and taking the global economy with it. Oracle, the hyperscaler with arguably the largest exposure to the AI bubble, has lost more than 40 percent of its share value in the pas