Goldman Strategist Compares AI Market to a 'Rubber Band,' Questions Its Stretch

The AI market has become a ‘rubber band’ — the question now is how far it can stretch, says Goldman strategist

Rich Privorotsky, strategist at Goldman Sachs, said that while so-called hyperscalers continue to increase their capital expenditure forecasts, artificial intelligence software is becoming cheaper to develop elsewhere

By Nora Redmond