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Feb 24, 2025 IST 10:26:53

Someone's gonna get burned there...

Startup world must feel roasted because OpenAI CEO Sam Altman just threw some serious shade. He warned that the current AI investment frenzy has whipped up a full-blown bubble, and trust me, someone’s about to get burned. Speaking to reporters, Altman went full brutal, comparing the AI hype to the dot-com craze of the late 90s, when even the smartest brains got carried away by shiny new tech. Are investors over-excited about AI? Absolutely. Is AI the most important thing to happen in a very long time? Also yes. He kept it real. And let’s not forget all those insane valuations and the irrational antics of investors chasing the next AI jackpot. Not every AI company is built to survive, and some are bound to flame out. Tech is real and transformative, but hype alone won’t carry a company to long-term glory. Focus, he stressed, should always be on fundamentals, not momentum.

Altman also admitted he’s not exactly “CEO material” for a public company just yet. OpenAI may go public someday, but for now he’s steering the ship behind the scenes. And the ambitions? Massive. OpenAI plans to pour trillions into compute infrastructure to fuel its AI dreams. Economists might call it reckless, but Altman is unapologetic: “Let us do our thing.” The company is even working on a new financial instrument to fund the spend.

OpenAI is already part of the $500 billion Stargate initiative with SoftBank and Oracle, making it clear that this isn’t just hype talk. Altman’s warning is loud and clear—AI is transformative, but the bubble is real, and someone’s going to get burned. Investors, take note: do your homework, focus on fundamentals, and don’t let hype blind you.
**This news was published on Times of India on 18th August, 2025.

 

 

 

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