Time
06:57
Changpeng Zhao: AI will continue to exist and grow exponentially, but most AI companies will go bankrupt.
May 29, 2026
CoinFeed News
CoinFeed reported on May 29th that Binance founder Changpeng Zhao posted on the X platform, stating that AI will continue to exist and grow exponentially, but most AI companies will fail due to sheer number. Even the survivors will face significant price volatility, while new survivors will constantly enter the market. This is similar to any other emerging industry.