November 1, 2026

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USC upsets No. 2 Ohio State for biggest win of Riley's tenureMiami dodges upset in Chapel Hill, looks ahead to Notre DameClemson's Swinney irked by 'shameful' plane banner urging FSU to fire NorvellIndia tightens security as opposition holds mega rally demanding election chief’s resignationIndian forces tighten security in Delhi ahead of big opposition protestCanelo Alvarez defeats Christian Mbilli to reclaim WBC title in RiyadhRare damselfly spotted by restored chalk riverBolivia declares emergency as El Nino intensifies, threatens severe weatherUSC upsets No. 2 Ohio State for biggest win of Riley's tenureMiami dodges upset in Chapel Hill, looks ahead to Notre DameClemson's Swinney irked by 'shameful' plane banner urging FSU to fire NorvellIndia tightens security as opposition holds mega rally demanding election chief’s resignationIndian forces tighten security in Delhi ahead of big opposition protestCanelo Alvarez defeats Christian Mbilli to reclaim WBC title in RiyadhRare damselfly spotted by restored chalk riverBolivia declares emergency as El Nino intensifies, threatens severe weather

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Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says. He’s betting on what comes next

Business CNBC
Image: CNBC

Former BitMEX CEO Arthur Hayes says the AI infrastructure boom is being overbuilt and is betting an eventual crash and bailout will send crypto higher.

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

Continue on cnbc.com →

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