This Week in European Tech: Is AI’s spending boom creating real value or hiding bigger risks?

AI infrastructure investment continues to accelerate, but the gap between technical progress and sustainable returns is becoming harder to ignore.In the latest episode of This Week in European Tech, Dan Bowyer and Mads Jensen of SuperSeed, Lomax Ward of Outsized Ventures and Andrew J Scott of 7percent Ventures, discuss volatile tech markets, the economics behind data centre expansion and why stronger AI models do not always translate into meaningful automation.HighlightsWhy AI and tech stocks are experiencing sharper volatility than the wider marketWhether today’s infrastructure spending can produce sustainable returnsNvidia’s expanding role in financing the AI ecosystemWhy engineering, not model capability, may now be the main bottleneckWhat AI is revealing about post-quantum securityHow sovereignty is reshaping technology supply chainsThis week’s standout deals across nuclear energy, robotics, defence and quantum computing