AI Bubble Admitted, But OpenAI CEO Plans to Dominate
2025-08-16

OpenAI CEO Sam Altman acknowledges the current AI hype as a bubble, but emphasizes AI's long-term significance. He likens the situation to the dot-com bubble, stating that while overexcitement exists, the underlying technology holds immense potential. Altman reveals OpenAI's massive investment in data center construction to meet future computational demands and plans to launch more AI products and services. Despite projected $10 billion revenue this year, OpenAI requires substantial funding to achieve its ambitious goals.
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