Kong CEO: AI Infrastructure Boom Faces Bubble Risk

In a nod to 19th-century U.S. railroads, Kong co-founder Augusto Marietti says AI infrastructure investment is crucial despite bubble risks. The IMF warns of a possible dot-com-style AI bubble but sees limited systemic danger thanks to backing from cash-rich tech firms. Marietti and OpenAI leaders highlight that capital expenditures on GPUs and data centers, now rivaling national GDP shares, are vital to meet surging GPU demand. Energy shortages are poised to constrain GPU deployment in 2025, potentially triggering short-term corrections. Meanwhile, Kong advances the agent economy by open-sourcing its Volcano toolkit and supporting the Model Context Protocol. Traders should track energy constraints and infrastructure capex trends as indicators of short-term volatility and long-term growth in the AI infrastructure sector.