Novogratz Warns AI Is in a Bubble, Yet Says Investors Should Stay Exposed
Galaxy Digital chief executive Mike Novogratz says the artificial intelligence trade has entered bubble territory, even as he argues investors should not abandon it. His comments add to a growing debate among market veterans over whether record valuations in mega-cap technology and AI-linked stocks can be sustained. The warning lands as global investors gather in Singapore amid rising concern that enthusiasm for AI may be colliding with valuation risk.
