After Black Monday, the stock market fears recession and Wall Street predicts an AI bubble burst, with Nvidia and tech stocks under pressure. Will crypto AI projects survive?
Wall Street’s recent fears about an impending artificial intelligence bubble burst could spell disaster for a number of AI-related crypto projects.
Since generative AI made its mainstream debut with the launch of ChatGPT, investors have flooded capital into AI-related projects like a modern-day gold rush.
Graphics processing unit manufacturer Nvidia has emerged as a prominent player in the AI sector, with its stock experiencing exponential growth that has outpaced even Bitcoin (BTC).
