03:34 PM EDT, 08/18/2025 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI's CEO Sam Altman said he believes the artificial intelligence market is currently in a bubble, CNBC reported Monday, citing Altman's interview with The Verge.

Altman told reporters that investors are likely overexcited about AI, although he still considers it a major technological breakthrough, the media outlet reported.

He reportedly compared the current enthusiasm around AI to the dot-com bubble of the late 1990s, which led to a market crash due to inflated expectations around internet companies.

OpenAI is exploring consumer hardware, brain-computer interfaces, and social media, and the company could spend trillions on data centers soon, according to CNBC.

He reportedly said that OpenAI would consider acquiring Alphabet's (GOOG, GOOGL) Google Chrome if regulators ever forced a sale.

Microsoft ( MSFT ), OpenAI and Alphabet did not immediately respond to requests for a comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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