Researcher names 3 new signs of an AI bubble amid Nvidia hype

[Pelican Press 0]

Researcher names 3 new signs of an AI bubble amid Nvidia hype

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AI researchers — is ******** on generative AI for enterprise use, rather than on chatbots. Inflection AI deal Windsor, who for 11 years covered the global tech sector at Nomura Securities before starting his own firm, raised another “red flag”:

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’s apparent deal with Inflection AI. “Another red flag was

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’s ability to hire the CEO and 70 staff from the AI start-up Inflection AI,” he said. “Things were not going well at Inflection AI because if the company had been doing very well,

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’s advances would have been swiftly rebuffed.” In what’s been described as an ” unusual deal ,” tech giant

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has reportedly agreed to pay Inflection AI around $650 million in cash, enabling it to hire the startup’s staff and use its technology.

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investment Emphasizing the “FOMO effect” around AI, Windsor noted that even tech giant

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isn’t immune. “

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has thrown another $2.75bn of its total $4bn commitment at Anthropic, and I am pretty certain that

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will end up acquiring the company,” he said.

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’s largest-ever investment will see it continue to pump money into the generative AI start-up, which has a chatbot Claude that competes with OpenAI ‘s ChatGPT. Stocks to buy if ‘forced’ “The frenzy continues but it is one I am perfectly comfortable staying well away from,” Windsor said of the AI sector currently. If “forced” to get into the space, Windsor said he would buy Nvidia, noting that the U.S. chipmaking giant has been the main beneficiary of the AI hype to date. The stock is up around 80% year-to-date and 240% over the last 12 months. “Nvidia is really the only company that is making tangible profits from the current ***** in interest in investment in generative AI but when there is a correction, there will be nowhere for Nvidia to escape, although I suspect that it will be hurt much less than many others,” he said. He added that he already owns chip stock Qualcomm , which is in a “very good position to benefit as generative AI starts to be implemented at the edge.” — CNBC’s Kate Rooney contributed to this report.

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Investment strategy,

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Corp,NVIDIA Corp,

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.com Inc,Qualcomm Inc,

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#Researcher #names #signs #bubble #Nvidia #hype

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