Get the latest tech news
OpenAI's Sam Altman sees AI bubble forming as industry spending surges
Many fears of an AI bubble had hit a fever pitch at the start of this year when Chinese start-up DeepSeek released a competitive reasoning model.
In a Monday email to CNBC, Ray Wang, research director for semiconductors, supply chain and emerging technology at Futurum Group, said that he thought Altman’s comments carry some validity, but that the risks are company-dependent. AGI refers to the concept of a form of artificial intelligence that can perform any intellectual task that a human can — something that OpenAI has been working towards for years and that Altman previously said could be achieved in the “reasonably close-ish future. Altman also said that he expects OpenAI to spend trillions of dollars on its data center buildout in the “not very distant future,” and signaled that the company would be interested in buying Chrome if the U.S. government were to force Google to sell it.
Or read this on r/technology
