soaring

There are increasingly urgent concerns about massive capital spending, soaring valuations, high debt levels and the circular nature of AI firms pouring money into other AI firms.

As well as the soaring inflation, vast government subsidies had kept energy and transport prices down.

In the U.S., spending on AI infrastructure has been a strong economic boost, both directly and via soaring stock prices.

At the time, EV maker Tesla’s sales were soaring and the industry anticipated rapid growth for years to come, buoyed in part by government mandates to reduce vehicle emissions and improve fuel economy.

The property was “designed for luxurious living and unforgettable entertaining” thanks to its “soaring ceilings, intricate ironwork, natural stone accents, and dramatic statement features like a floor-to-ceiling backlit onyx fireplace,” according to the listing.