Palantir's Peter Thiel Says It's 'Very Strange' That Most Money In AI Is Being Made By Only One Company: '…Which Silicon Valley Doesn't Even Know Much About Anymore'

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Palantir's Peter Thiel Says It's 'Very Strange' That Most Money In AI Is Being Made By Only One Company: '…Which Silicon Valley Doesn't Even Know Much About Anymore' - Benzinga

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What Happened: During the festival, Thiel drew parallels between the dot-com bubble of ’99 and the current state of AI, stating that the peak of the bubble was also the peak of clarity, as people realized the internet was going to replace the old economy.

Last week, while appearing at the Aspen Ideas Festival, Palantir Technologies (NYSE:PLTR) co-founder Peter Thiel shared his insights on artificial intelligence, Nvidia Corp.(NASDAQ:NVDA), and ChatGPT-parent OpenAI.

He highlighted the difficulty of making specific investments during the dot-com bubble, using Amazon.com Inc.’s stock as an example.