There are 3 signs that generative AI might be reaching peak market froth — and it's not just OpenAI

In years to come, Silicon Valley may view the events of the past few weeks as the moment the generative AI boom got too frothy. Investors spent the summer wondering if top AI stocks could continue to justify soaring valuations in the face of absent returns from their massive AI spending.

ORIGINAL LINK: https://www.businessinsider.com/generative-ai-market-froth-openai-cerebras-meta-2024-10