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Navigating AI's Rapid Growth and Regulatory Challenges
This chapter explores the swift construction of an AI data center in just three months and the financial investments fueling advancements in artificial intelligence. It addresses the competitive landscape among AI companies and delves into the consequences of government regulations on fintech, particularly the controversial practice of debanking. The discussion highlights the implications of banking policies on industries like cryptocurrency and cannabis, raising concerns about innovation stifling and the political control over emerging markets.