AI股票热潮面临最大考验

Wall Street’s artificial intelligence boom is entering a new phase as an unprecedented wave of AI companies prepares to raise capital through public offerings, secondary share sales, and private funding rounds. Investors who eagerly poured money into nearly every AI-related business over the past two years are beginning to ask a more difficult question: how much capital can the market realistically absorb? The concern comes as several high-profile AI companies seek billions of dollars to fund increasingly expensive data centers, specialized chips, and next-generation models. At the same time, insiders at some recently listed companies are approaching the end of lockup periods, potentially releasing millions of additional shares into the market. …