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Google CEO Sundar Pichai has warned that no company would escape the impact of an AI bubble bursting, just as concerns about unsustainable valuations are resurfacing and Nvidia’s long-running rally shows signs of slowing.
Pichai Raises The Alarm
In a recent BBC interview, Pichai described the current phase of AI investment as an “extraordinary moment”, while stressing that there are clear “elements of irrationality” in the rush of spending, product launches and trillion-dollar infrastructure plans circulating across the industry. He compared today’s mood to the late 1990s, when major internet stocks soared before falling sharply during the dotcom crash.
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