Elon Musk might have just popped the latest iteration of the AI bubble by loudly proclaiming a few days back that the “debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.” In fact, Daytona.io – a platform that provides fast, isolated virtual sandboxes for running AI-generated code and AI agent workflows – cited Musk’s X post while revealing that a GPU provider tried to renegotiate a signed contract and their banks cut their lending offers in half after Musk’s post went viral. Interestingly, SpaceX’s own borrowing […]
