Tech leaders fill $1T AI bubble, insist it doesn't exist

Tech execs are adamant the AI craze is not a bubble, despite the vast sums of money being invested, overinflated valuations given to AI startups, and reports that many projects fail to make it past the pilot stage.

HPE is one of the giants tapping into booming demand for high-performance hardware to drive AI development, and the president and general manager of its Networking division, Rami Rahim, told us he doesn't see that ending anytime soon.

"It wouldn't be the first time in the history of this industry that there would be a correction, and that's fine, you know. So we would adjust, and we would be just fine in the end. But I don't see it at this point in time. Right now, I don't see any signs of a slowdown based on the projects that are in the market right now and the ...