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Peter Thiel’s Longtime Business Partner Says AI Is Absolutely in a Bubble: ‘This Will Correct’

Yahoo

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Over the years, investor Peter Thiel has invested in companies in the AI sector like OpenAI, SpaceX and Palantir Technologies. One of Thiel's closest business partners believes the AI sector is in a bubble, which could weigh on those investments. Jack Selby on AI Bubble Thiel Capital Managing Director Jack Selby is among the latest big financial names to warn of an AI bubble. "Anyone who doesn't believe that there is an AI bubble is an absolute contrarian," Selby said on the Nov. 4 episode of the "How I Invest" podcast. Don't Miss: Investing in Real Estate Doesn't Have to Mean Buying a House.

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