To invest in AI or not, that’s the question

Big Tech stocks were not the only ones that melted earlier this month when China’s DeepSeek hit the AI shores. Bankers, private equity majors such as Brookfield and Blackstone, data centre landlords and credit providers stumbled too casting doubts over large commitments made to AI data centres and energy infrastructure. Analysts cut forecasts on LNG futures, oil and copper while the neo-cloud model, which implies hoarding and renting GPUs, faced some questions. Back home, the fear of over-commitment may be plaguing players like Yotta, CtrlS, Digital Connexion which have invested in new-age liquid cooling.