Krispy Kreme Beat Nvidia? Gary Marcus Says OpenAI Could Become The WeWork Of AI
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AI critic Gary Marcus told CNBC that Krispy Kreme has outperformed Nvidia over the past year, using the comparison to argue the recent AI stock selloff is driven mainly by psychology rather than fundamentals as investors lose confidence in generative AI's growth trajectory. Marcus, a New York University professor emeritus, also suggested OpenAI could become "the WeWork of AI," warning that the ChatGPT maker's lofty valuation and spending may not be justified by its economics. The remarks land as AI-linked equities and tokens face renewed skepticism after a sharp run-up. Watch next for whether AI-related stocks and tokens stabilize or extend losses, and for any signals on OpenAI's revenue and funding needs.
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Gary Marcus, Nvidia (NVDA), OpenAI, Krispy Kreme, CNBC
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