Daily Market Updates: Citadel’s Ken Griffin warns AI is ‘almost certainly’ in a bubble

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Citadel’s Ken Griffin warns AI is ‘almost certainly’ in a bubble

Reported · Written up by our desk · Equity Funds

Citadel founder Ken Griffin has warned that artificial intelligence is “almost certainly” in a bubble, as investors question whether the technology's substantial capital requirements will deliver sufficient returns, according to a report by Bloomberg. Speaking at the Future of Global Markets Conference in New York on Tuesday, Griffin said companies have struggled to translate investment in AI into measurable productivity gains, raising concerns about the sustainability of current valuations and spending commitments. “Corporate America has been very uneven in its ability to extract value from i

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HedgeweekCitadel’s Ken Griffin warns AI is ‘almost certainly’ in a bubble

ETFs & Funds

Citadel’s Ken Griffin warns AI is ‘almost certainly’ in a bubble

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