from24/7 Wall St.
13 hours agoAnother Big Tech Visionary Left to Launch an AI Startup-Is the AI Boom Really in its Earlier Innings?
In many ways, it feels like the ongoing AI boom (or revolution) is mirroring the ends that unfolded prior to the big dot-com internet bubble burst of 2000-01. We've seen quite a bit of circular financing among the giants, and, as Dr. Michael Burry of The Big Short fame outlined in a recent note, Nvidia ( NASDAQ:NVDA), which is leading the charge on the AI chip race, seems to draw similarities with Cisco ( NASDAQ:CSCO) from the internet boom days.
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