High Alert

Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CNBC World

What happened

Former BitMEX CEO Arthur Hayes says the AI infrastructure boom is being overbuilt and is betting an eventual crash and bailout will send crypto higher.

Key facts

  • Reported by CNBC World and published Wed, 07 Oct 2026 00:49:34 UTC.

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Sources

The original report was published by CNBC World. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CNBC World

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