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OpenAI CEO Sam Altman acknowledged that AI is currently in a bubble phase, comparing it to the dot-com era where overexcitement led to inflated valuations despite underlying technological importance. He believes AI will survive the eventual burst, similar to how the internet persisted after the dot-com crash. Despite recognizing the bubble, Altman plans massive expansion, stating OpenAI will spend trillions on datacenter construction. The company faces GPU shortages that influenced ChatGPT-5's design focus on cost optimization rather than power. OpenAI's revenue reached $10 billion annually but the company still operates at a loss, raising questions about funding sources for ambitious expansion plans.

Sam Altman admits that AI is a bubble, but still a big thing