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#181 - Google Chatbots, Cerebras vs Nvidia, AI Doom, ElevenLabs Controversy
Last Week in AI
The Value of Vision: AGI Expectations Shape Market Perception
The high valuation of companies like OpenAI and Nvidia reflects market confidence in the future potential of artificial general intelligence (AGI). With OpenAI's annualized revenue exceeding $2 billion and a valuation multiple around 50x, signs indicate strong future expectations, despite a plateau in valuation increase. Historically, OpenAI's value surged from $29 billion to $80 billion, but recent trends suggest cooling, likely due to the anticipation of new generation models that typically emerge every 18-24 months. The perception of stagnation is misleading; advancements continue to progress unnoticed until the next significant hardware capabilities come to light.
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