Klarna Founder’s AI Warning Collides With $3 Trillion Spending Boom – What 24 November 2025 Reveals About a Potential AI Bubble
Klarna founder Sebastian Siemiatkowski says he is “very nervous” about trillion-dollar AI data center investments, despite his own deep exposure to the sector. Morgan Stanley estimates global corporate AI spending could hit $3 trillion, with half financed by debt. JPMorgan and DoubleLine project AI data-center bonds may reach $1.5 trillion in five years. AI-related investment could account for half of U.S. GDP growth this year.