Tag: AI bubble

“There’s been a lot of talk about an AI bubble,” Nvidia CEO Jensen Huang says. “From our vantage point, we see something very different.” (AFP)
Posted in Business

Nvidia’s upbeat revenue forecast, Jensen Huang soothe fears of an AI bubble| Business News

Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the…

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Dario Amodei, CEO and co-founder of Anthropic. (AP)
Posted in Business

Microsoft, Nvidia, Anthropic announce new AI deal amid fears of a bubble| Business News

Microsoft, Nvidia and Anthropic have formed an alliance, with Anthropic committing $30 billion to Azure for its Claude AI models. Dario Amodei, CEO and co-founder…

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The Fed and AI bubble talk are two major headwinds for crypto and risk assets heading into the end of the year. (Reuters)
Posted in Business

Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears| Business News

Bitcoin is in free fall—and traders are positioning for more pain. The Fed and AI bubble talk are two major headwinds for crypto and risk…

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Peter Thiel, the first outside investor in Facebook and leader of the “PayPal Mafia”. (Reuters)
Posted in Business

Peter Thiel’s fund sells entire Nvidia stake amid fears of an AI bubble| Business News

A hedge fund of Peter Thiel, the first outside investor in Facebook and leader of the “PayPal Mafia”, has sold off all its holdings in…

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If the bubble pops, it will also hurt people outside the tech business and stock markets, as warned earlier by OpenAI CEO Sam Altman. (HT/ Representative photo)
Posted in Business

How did it start and should you be making bets?| Business News

A hype makes a bubble: AI has been a magnet for heavy investments, which are now being feared as a function of unrealistic promises, creating…

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OpenAI CEO Sam Altman says it “might make sense” for governments to build their own AI infrastructure for public benefit. (Reuters)
Posted in Business

OpenAI doesn’t want a US bailout, Sam Altman says amid fears of an AI bubble| Business News

Sam Altman has pushed back at the idea that OpenAI Inc. would seek federal guarantees to reduce the risk of its AI infrastructure spending spree,…

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