Factbox-Opinions split over AI bubble after billions invested


FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Companies announcing multi-billion dollar investments in artificial intelligence have raised concerns about the formation of a bubble reminiscent of the dotcom boom and bust.

Investors are on guard for signals that demand is tailing off or that the massive spending is not paying off as anticipated.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

These travel influencers don’t want freebies. They’re AI.
Social app RedNote expanding beyond China despite privacy concerns
Live shopping catches on in US with Kim Kardashian and�cookies
Amazon in talks to invest in OpenAI, source says
Grok spews misinformation about deadly Australia shooting
Blackstone leads investment in data-security firm Cyera at a $9 billion valuation, WSJ reports
AI romance blooms as Japan woman weds virtual partner of her dreams
Waymo in talks to raise billions at over $100 billion valuation, the Information reports
Hacking group 'ShinyHunters' threatens to expose premium users of sex site Pornhub
X Corp sues social media startup over bid to claim 'Twitter' brand

Others Also Read