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Overview of the current Artificial Intelligence boom, examining both its unprecedented technological adoption and its associated financial risks. Several articles compare the enthusiasm and high valuations in the AI sector to the dot-com bubble, though many argue that today's leading AI companies possess more robust fundamentals and existing profitability. A key concern highlighted across the texts is the financial fragility created by massive, debt-fueled investments in data center infrastructure, often involving circular funding arrangements among major players like Nvidia and Oracle, which is reflected in soaring Credit Default Swap spreads. Simultaneously, the sources illustrate AI’s transformative impact, detailing its rapid integration across industries—from enhancing software development productivity and customer service to aiding in non-financial risk management and compliance, suggesting an undeniable utility that drives corporate buy-in. Finally, the collection touches on geopolitical competition, particularly between the U.S. and China, regarding control over critical compute resources and supply chains.