# Is the AI bubble bursting? Jane Street suffers a loss of 15 billion USD, Nvidia urgently withdraws
Today, several pieces of news directly ripped off the blindfold from the AI sector.
First, Jane Street— the market-making giant dubbed the “AI stock god.” In July alone, it lost 15 billion USD. That marked the first monthly loss in ten years, and revenue fell 25% from its peak at the end of June. The moment the news hit, the market went numb— even these top players can’t get AI right?
At the same time, Nvidia quietly reduced its $250 billion data center guarantee plan for OpenAI. Do you know what that means? Even the shovel sellers are starting to think that shovel might not dig up any gold.
Even harsher, Broadcom was down as much as 7% intraday, with AI financing risk—valued at 370 billion—hanging over its head. Oracle also fell 5%, as the natural-gas pipeline supporting its “Stargate” AI data centers was delayed. This wave is where the AI infrastructure story starts to show cracks.
But on the other side, Anthropic’s Q2 revenue surged to 11.5 billion USD, up 14 times year over year. Alibaba has also open-sourced the Qwen 3.8 series models. The AI story isn’t over— it’s just moved from the phase of “wildly throwing money” into “let’s see who can truly make money.”
Things aren’t calm around the Strait of Hormuz either. Houthi forces attacked a ship belonging to ADNOC, and Barclays maintained its Brent crude oil forecast at 96 USD. With geopolitical risk plus cooling AI financing, the market is entering a delicate repricing period.
Put simply: it’s not that the AI bubble has burst—it’s that the industry has moved from the era of making dreams to the era of doing the numbers. Only those that can survive are the real winners.
$Binance life—having a Binance life means a lifetime of happiness!
#AI #Cryptocurrency
Today, several pieces of news directly ripped off the blindfold from the AI sector.
First, Jane Street— the market-making giant dubbed the “AI stock god.” In July alone, it lost 15 billion USD. That marked the first monthly loss in ten years, and revenue fell 25% from its peak at the end of June. The moment the news hit, the market went numb— even these top players can’t get AI right?
At the same time, Nvidia quietly reduced its $250 billion data center guarantee plan for OpenAI. Do you know what that means? Even the shovel sellers are starting to think that shovel might not dig up any gold.
Even harsher, Broadcom was down as much as 7% intraday, with AI financing risk—valued at 370 billion—hanging over its head. Oracle also fell 5%, as the natural-gas pipeline supporting its “Stargate” AI data centers was delayed. This wave is where the AI infrastructure story starts to show cracks.
But on the other side, Anthropic’s Q2 revenue surged to 11.5 billion USD, up 14 times year over year. Alibaba has also open-sourced the Qwen 3.8 series models. The AI story isn’t over— it’s just moved from the phase of “wildly throwing money” into “let’s see who can truly make money.”
Things aren’t calm around the Strait of Hormuz either. Houthi forces attacked a ship belonging to ADNOC, and Barclays maintained its Brent crude oil forecast at 96 USD. With geopolitical risk plus cooling AI financing, the market is entering a delicate repricing period.
Put simply: it’s not that the AI bubble has burst—it’s that the industry has moved from the era of making dreams to the era of doing the numbers. Only those that can survive are the real winners.
$Binance life—having a Binance life means a lifetime of happiness!
#AI #Cryptocurrency