Earlier this month, OpenAI CEO Sam Altman said the quiet part out loud, telling reporters that he believes we're in a "phase where investors as a whole are overexcited about AI." Simmering concerns of a growing AI bubble have gripped the industry, with spooked investors triggering a major tech sell-off last week. Fueling these fears was an MIT investigation, which recently found that a staggering 95 percent of attempts to incorporate generative AI into business so far are failing. Then there are credit investors, who continue to pump tens of billions of dollars into major AI infrastructure buildouts, as Bloomberg […]

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Link :
https://futurism.com/ai-industry-private-credit