Sam Altman expressed concerns that AI might be in a "bubble," reminiscent of the 1990s dotcom boom, with investors overly excited. Despite these claims, OpenAI is poised to spend trillions on data center expansions. Altman expects criticism from economists regarding this strategy but is determined to proceed regardless of the concerns. The weak rollout of GPT-5 added to skepticism, even as OpenAI secured $8.3 billion in funding at a $300 billion valuation, significantly oversubscribed and part of a plan to raise $40 billion this year.
Sam Altman remarked that he believes AI could be in a "bubble," suggesting that investors are overexcited about AI, yet expects OpenAI to invest trillions in data centers.
Altman anticipates criticism from economists, remarking that his team's plans might seem "crazy" or "reckless," yet they remain resolute in pursuing their goals.
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