Article · NBC News · August 18, 2025
OpenAI's Sam Altman sees AI bubble forming as industry spending surges
The head of the company at the centre of the AI boom said investors are “overexcited” and compared the moment to the dot-com era.
- Author
- Dylan Butts · Journalist, CNBC
- On behalf of
NBC News- Quotes
- Sam Altman · CEO of OpenAI
- Read the original
- nbcnews.com
nbcnews.com
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.
Quotes
„Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes.”„When bubbles happen, smart people get overexcited about a kernel of truth.”What the index did
Nasdaq-100, level on the day of the warning: 23,714 (08/18/2025)
| 1 mo. after the warning | 3 mo. after the warning | 6 mo. after the warning | 12 mo. after the warning | to date | Largest drop within 12 months |
|---|---|---|---|---|---|
| +3.1% | +3.3% | +5.0% | +24.4% | +13.8% | −3.2% |