Opinion
AI hype has echoes of the telecoms boom and bust
The tech transformation may take years longer than suggested by the record share prices and funding targets.
June YoonWhen a chief executive asks for trillions, not billions, when raising funds you know a sector may be getting a bit too hot.
In the long run, generative artificial intelligence will transform many industries and the way people work. But a report that OpenAI chief executive Sam Altman is talking to investors about an artificial intelligence chip project has raised a lot of questions.
Financial Times
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In North America
Fetching latest articles