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Is the AI Crypto Bubble Popping?

Is the AI Crypto Bubble Popping?

Vitalik Buterin said on Sunday that slowing the AI data center race is probably a good thing, as the crypto bubble around AI tokens loses air. The Ethereum co-founder made the case in a post on X.

He pushed back on what he called the “strong emotional reaction” against the anti-data-center movement.

That movement had a big week. On November 3, voters in 10 states decided 41 local ballot measures on data centers, Ballotpedia counted. A “yes” vote on 28 of them would limit building through bans or moratoriums. After the vote, Senator Bernie Sanders called for a “national data center moratorium now,” one of several Democrats pushing to rein in the AI buildout.

Crypto’s AI corner has felt the same…

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