Tech: The AI Bubble Has Already Burst In China. Could The U.S. Be Next? : 1A

China's artificial intelligence sector is already experiencing a dramatic reckoning as startups collapse and venture funding evaporates, raising an uncomfortable question for Silicon Valley: whether the billions pouring into American AI companies are fueling genuine innovation or merely inflating the next tech bubble destined to pop. The cautionary tale unfolding in Beijing—where hype has collided with regulatory crackdowns, commoditized models, and the brutal math of unprofitable growth—suggests that the U.S. AI industry's frothy valuations and easy money may have already begun their inevitable correction, even as tech investors insist this time is different.

NPR·1d ago