Tether CEO Paolo Ardoino warned Big Tech’s artificial intelligence spending boom may rest on weak economics, citing four “structural mismatches” in AI infrastructure. In a July 4 post on X, according to BeInCrypto, he pointed to gaps in token pricing, profitability timelines, cost-of-capital maturity and rising competition from open-source AI, alongside fast hardware obsolescence of 3 to 5 years.
The comments come as Alphabet, Amazon, Meta and Microsoft are expected to spend up to $720 billion this year, while JPMorgan projects global AI-related spending could reach $5.5 trillion by 2030.
Tether CEO Flags Four “Structural Mismatches” in Big Tech’s AI Spending Boom
2026-07-06 07:09:08
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