OpenAI CEO Sam Altman expressed concerns that the AI market may be experiencing a bubble, drawing parallels to the dot-com boom of the late 1990s. He noted that while AI is a transformative technology, the current investor enthusiasm may be excessive, leading to overvaluation of companies within the sector. This sentiment is echoed by other industry leaders, including Alibaba's Joe Tsai and Bridgewater's Ray Dalio, who have also cautioned about the rapid pace of investment in AI, suggesting that it could lead to significant market corrections if expectations are not met.

Despite the warnings, Altman highlighted that OpenAI's annual recurring revenue is projected to exceed $20 billion this year, although the company remains unprofitable. He acknowledged the strong fundamentals in the AI supply chain but pointed out that speculative investments are inflating valuations for companies with weaker financials. The recent launch of OpenAI's GPT-5 model has faced criticism, indicating that even leading firms in the AI space are not immune to challenges, which could impact their market position and investor confidence.