Premium72% Of The Tokens, 27% Of The Money: The AI Demand Data Both Bulls And Bears Are Using To Prove They're Right
Here is a fun one: take the same set of AI demand numbers, hand them to a bull and a bear, and watch both of them declare victory.
That, according to Goldman's Bobby Molavi, is exactly where the AI debate stands after three weeks of what he calls (in a note we discussed earlier today) an "unplayable" market. In his latest Ruminations (available to pro subs), Molavi lays out the supply/demand data, and his verdict is that "one thing is clear for now...the demand is growing." What that demand is worth is a different question entirely.