AI law firm Crosby bids on disintegrating, famed firm Weil Gotshal

Like a real-life episode of Suits, the demise of famed white-shoe Wall Street law firm Weil, Gotshal & Manges has been the talk of the legal industry. And now, an AI firm has entered the picture.

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Cracks are emerging in the AI spending boom

Big Tech is pouring billions into AI infrastructure, but mounting debt, negative cash flow, and growing investor skepticism are raising questions about the sustainability of the AI spending boom.