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Benzinga
Benzinga
Business
Chris Katje

OpenAI Chairman Compares AI To Dot-Com Bubble: 'Some Companies Will Fail And Some Will Succeed'

Bret Taylor OpenAI Sierra
Barcelona,,Spain,-,February,26:,Bret,Taylor,,Facebook,Cto,,Speaks

OpenAI Chairman Bret Taylor believes the AI sector may be in a bubble similar to the dot-com era, but that's not deterring him from OpenAI or his other AI startup.

What Happened: As AI use cases grow, valuations in the sector have surged. OpenAI is now one of the world's most valuable private companies. In a recent interview with The Verge, Taylor expressed caution about the sector’s rising valuations.

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