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Space Exploration Technologies Corp. CEO Elon Musk responded to Broadcom Inc. CEO Hock Tan’s warning about speculative artificial intelligence investing, adding to a debate over the sustainability of the AI boom. Tan Warns AI Investors Are Gambling Musk was replying...
Broadcom's CEO stood before a room of investors and called them casino gamblers, then turned around and raised his own AI revenue guidance. The contradiction points to three separate warnings buried in one panel appearance, and the most dangerous one has nothing to do with chips.
Broadcom CEO Hock Tan compared AI investors to casino gamblers in Singapore, even as his own company guides AI revenue toward $230 billion by 2028.