In today’s CEO Daily: Diane Brady on what CEOs are saying about the AI bubble.
The big story: Trump will provide Ukraine with air cover but not boots on the ground.
The markets: AI bubble fears fuel tech selloff.
Plus: All the news and watercooler chat from Fortune.
Good morning. Are we in an AI bubble? And if so, how should CEOs be thinking about that? None other than Sam Altman is opining that investors are “overexcited about AI.” Yet, as my colleague Sharon Goldman points out, Altman also says he expects to invest trillions of dollars in building out data centers in the coming years.
A man who compares his latest product launch to the Death Star isn’t one who shies away from hyperbole. Altman has repeatedly said artificial general intelligence, the period at which an AI model performs as well or better than humans at most tasks, could soon be upon us. Competitor Dario Amodei of Anthropic agrees. For some, that’s a signal to Buy Buy Buy.
Bubbles can take di
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