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The question of whether tech CEOs are uniquely susceptible to what some are calling AI psychosis is getting serious attention. The latest episode of Equity takes it on directly, and the debate cuts to something real — when the people building transformative systems start believing their own mythology, the consequences ripple far beyond Silicon Valley boardrooms.
That tension around judgment and money becomes even sharper when you look at SoftBank's latest move. The Japanese investment giant plans to spend up to eighty-seven billion dollars building AI data centers in France, drawn by the country's nuclear-powered grid. This is a company carrying over one hundred thirty billion in debt, which makes the scale of the bet either visionary or deeply concerning, depending on where you sit.
Meanwhile, a quieter but meaningful signal emerged from the startup funding world. Black founders raised their highest quarterly funding totals since two thousand twenty two, which sounds like progress — and it is — but researchers at Crunchbase are quick to note the structural barriers around networks and early relationships remain largely intact, meaning the ceiling is still very much in place.
Keep surfing. Tech Beat out.
