If you were investing in the late 1990s, you’ll remember the euphoria of the dot-com boom. Anything with a ".com" at the end of its name could raise millions in capital and see its stock price double ...

OpenAI chairman Bret Taylor compared the AI boom to its dot-com predecessor, saying that there was lots of "snake oil." There's also "very real value being created," Taylor told the "ACQ2" podcast.

The AI boom will go bust and dwarf the dot-com crash because of its greater scale, Erik Gordon said. AI startups such as CoreWeave threaten greater investor losses than the likes of Pets.com, he said.

Dot, an AI companion app that aimed to be a friend and confidante, is shutting down, the company announced on Friday. On a message published on its website, the startup behind Dot, New Computer, said ...