AI euphoria is giving way to something else. The industry that once looked unstoppable is starting to bleed from a thousand tiny cuts. Short sellers like Michael Burry and Jim Chanos are circling, warning that the AI buildout isn’t a one-time investment but a recurring cost wave. And now debt is quietly taking over as the fuel of the boom. Loans, bonds, and securitized financing are propping up an AI infrastructure race that shows no sign of slowing. In this Take, CNBC’s Deirdre Bosa breaks down the new signals investors are watching, the rising risks behind the spending, and what founders like Amjad Masad of Replit and Navrina Singh of Credo AI see from inside the cycle.
Chapters:
0:00 Introduction
1:06 – 4:22 Chapter 1: Warnings from skeptics
4:22 – 21:21 Chapter 2: Full interview with Replit CEO
21:21 – 31:39 Chapter 3: Full interview with Credo AI CEO
Anchor: Deirdre Bosa
Producer: Jasmine Wu, Drew Troast, Laura Batchelor
Editor: Magdalena Petrova
Senior Director of Video: Jeniece Pettitt
Additional edits: Julie Trass
Camera: Jacob Jimenez and Cary Patton
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to level up your AI skills? Sign up for Smarter by CNBC Make It’s new online course, How To Use AI To Communicate Better At Work. Get specific prompts to optimize emails, memos and presentations for tone, context and audience. Sign up today: https://cnb.cx/47ELu8O
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#cnbc
AI Bubble Anxiety On The Rise: Two AI CEOs Weigh In
source
