According to CoinMeta, analysts from Bitunix stated that the capital expenditures of AI have entered a period of return validation, with financing risks spreading along the supply chain. The market has raised doubts about the cash flow conversion capabilities of tech giants. After the release of Alphabet's financial report, its stock price fell by approximately 12.6%, while Intel's stock price dropped by 28.58%. The Nasdaq index fell by 2% for the entire week. OpenAI lowered its fundraising target from $30 billion to $20 billion and reduced its target valuation from $140 billion to $125 billion. Barclays is exploring the purchase of credit default protection for an infrastructure loan of over $10 billion for AI, with credit risks extending to construction, equipment, and material suppliers.