Nansen CEO Alex Svanevik has suggested that the AI industry's bubble may burst as companies begin to effectively utilize Chinese large models. Despite potential regulatory constraints in the U.S., Svanevik notes that Chinese models are becoming more efficient, capable of running on less advanced hardware. Additionally, global GPU supply, including non-Nvidia chips, is increasing. Svanevik also highlighted recent declines in H100 and H200 GPU rental prices, indicating a shift in the supply-demand structure for computing power. He suggests that the AI infrastructure market may be entering a phase of repricing as model efficiency improves and computing power supply expands.