AI bubble burst by...?
Massive capital expenditures on AI infrastructure—projected to reach trillions by 2030—continue to outpace revenues at leading labs, with OpenAI and Anthropic reporting annualized figures around $25 billion and $19 billion amid ongoing losses through at least 2028. Trader sentiment reflects this gap, reinforced by May 2026 warnings from Michael Burry and earlier cautions from Bill Gurley comparing…
Rules summary
This market will resolve to "Yes" if the AI industry experiences an industry downturn by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". For the purposes of this market, the AI industry will be considered to have experienced an industry downturn once at least three of the following events have occurred within 90 days of this market's specified timeframe: - NVIDIA Corporation (NVDA) closing stock price is down 50% from its all-time high. - iShares PHLX Semiconductor ETF (SOXX) closing stock price is down 40% from its all-time high. - OpenAI, Inc. or Anthropic PBC …