WED, 28 OCT 2026|▲ S&P 7,731.98 +0.12%▲ FTSE 10,711.4 +0.23%▲ Nikkei 63,954 +1.08%▲ EUR 1.1140 +0.08%▲ Brent $111.25 +1.68%▲ BTC $80,684 +0.97%▲ ETH $2,338.66 +0.87%

LATEST

01As Trump staggers to the polls, Americans yearning for change prepare to say ‘enough’02Sources: Chiefs sign former Ravens kicker Tucker to practice squad 03Sources: Texas LT Goosby has successful surgery, undecided on future 04Anthropic warns some risks may be uninsurable. AI coverage is going to be an issue for every company 05Hong Kong lawmaker urges more checks as illegal parking fines top HK$70m a year 06CSOs identify stigma, poor facilities as barriers to HIV, TB, malaria treatment in Akwa Ibo 07Unlucky seven? Wrexham aim to buck bizarre trend 08Your pay, energy bills and savings: How the Budget affects you01As Trump staggers to the polls, Americans yearning for change prepare to say ‘enough’02Sources: Chiefs sign former Ravens kicker Tucker to practice squad 03Sources: Texas LT Goosby has successful surgery, undecided on future 04Anthropic warns some risks may be uninsurable. AI coverage is going to be an issue for every company 05Hong Kong lawmaker urges more checks as illegal parking fines top HK$70m a year 06CSOs identify stigma, poor facilities as barriers to HIV, TB, malaria treatment in Akwa Ibo 07Unlucky seven? Wrexham aim to buck bizarre trend 08Your pay, energy bills and savings: How the Budget affects you

Updated 02:34 am · 8 items

Feed/Economy · Finance/Why Elon Musk is taking on India's richest man over Starlink

Economy · FinanceOngoing · 27

Elon Musk, Jensen Huang have opposing outlooks on AI neoclouds. Who is likely correct?

Howard Liu,Ben Jiang · South China Morning Post

Published 29 Oct 2026, 12:30 am·49 min ago·1 min read

Listen to this story

Read aloud by your device

As investor anxiety over an artificial intelligence bubble mounts, SpaceX’s Elon Musk and Nvidia chief Jensen Huang have offered starkly divergent outlooks on whether the specialist cloud providers powering the boom can survive their mounting debts. While Musk has warned of impending collapses and consolidation among the more than 200 dedicated graphics processing unit (GPU) rental ventures known as “neoclouds”, Huang remains bullish, insisting that robust market demand will unlock the capital...

Read the full story at South China Morning Post

Read the AI Insight on this story

from several outlets

AI InsightEconomy · Finance

Reliance Denies Obstructing Starlink as Musk Targets Indian Satellite Market

Mukesh Ambani's Reliance says it welcomes competition while awaiting the same regulatory clearances as Elon Musk's Starlink.

10 outlets·updated 6 d ago·Texas

Part of an ongoing event

Open timeline →

Why Elon Musk is taking on India's richest man over Starlink

27 articles

Related

Economy · Finance

Anthropic warns some risks may be uninsurable. AI coverage is going to be an issue for every company

20 min ago·CNBC · World·1 min read

Economy · Finance

Your pay, energy bills and savings: How the Budget affects you

28 min ago·BBC News · Business·1 min read

Economy · Finance

America's largest budget airline reports 71% jump in airfare

28 min ago·CNBC · World·1 min read

Economy · Finance

Unitree reports 70% surge in quarterly revenue, though AI investment weighs on net profit

41 min ago·South China Morning Post·1 min read

Economy · Finance

Secret to country's development lies in AI and digitisation, PM Shehbaz stresses

48 min ago·Dawn·1 min read

Elon Musk, Jensen Huang have opposing outlooks on AI neoclouds. Who is likely correct? · [BRAND]