AI Boom Falters as Profitability Concerns and Geopolitical Headwinds Mount

"Every man is worth just as much as the worth of his ambitions." - Epictetus

⚡ Tech News

• US tech stocks hit by concerns over future of AI boom - Financial Times
• This is the critical detail that could unravel the AI trade: Nobody is paying for it. - MarketWatch
• The AI Doomers Are Getting Doomier - The Atlantic
• Meta puts the brakes on its massive AI talent spending spree - CNBC
• China’s AI Chip Leader Cambricon Jumps 20% on Self-Reliance Bets - Bloomberg.com
• Opinion | A.I. May Be Just Kind of Ordinary - The New York Times
• Meta Signs 10-Billion-Plus Cloud Deal With Google - Theinformation.com
• Meta and Google Strike a $10B Cloud Deal to Power AI Ambitions - TipRanks
• Google Wants You to Know the Environmental Cost of Quizzing Its AI - The Wall Street Journal
• Nvidia orders suppliers to halt work on China-focussed H20 AI chip, The Information says - Reuters
• Russia Orders State-Backed Max Messenger App on Phones - Reuters.com
• South Korea makes AI investment a top policy priority to support flagging growth - Reuters
• Is the A.I. Sell-Off the Start of Something Bigger? - The New York Times
• Meta freezes AI hiring, WSJ reports - Reuters
• Our approach to energy innovation and AI’s environmental footprint - The Keyword
• Commentary: Say farewell to the AI bubble, and get ready for the crash - Los Angeles Times
• Why did MIT find 95% of AI project fail? Hint: it wasn't about the tech itself - Fortune
• Wired and Business Insider remove articles by AI-generated ‘freelancer’ - The Guardian
• Google's AI Mode can book reservations for you... kind of - Mashable
• Nvidia Halts H20 Production in China - Theinformation.com
• Trump to Tap Airbnb Co-Founder as First Government Design Chief - Bloomberg.com
• Google Gemini AI's Energy Consumption - Technologyreview.com
• AI Mode in Search gets new agentic features and expands globally - The Keyword
• Jensen Huang Says NVIDIA Is in Talks With Beijing Over H20 Chip Security - Asia.nikkei.com
• Tech, chip stock sell-off continues as AI bubble fears mount - Yahoo Finance
• Google’s AI Mode expands globally, adds new agentic features - TechCrunch
• Nvidia Reportedly Halts H20 Production After Beijing Directive To Stop Buying AI Chip - Investor's Business Daily

📈 Market News

• Stock Market News, Aug. 21, 2025: S&P Falls for Fifth Straight Session; Walmart Drops After Earnings - The Wall Street Journal
• S&P 500: $6,370.17 (-0.40%)
• Nikkei: ¥42,633.29 (+0.05%)