CNBC Daily Open: Is the AI industry in a bubble, as OpenAI CEO says?

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Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today

There’s a bubble forming in the artificial intelligence industry, according to OpenAI CEO Sam Altman.

“Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes,” Altman said, according to a report by The Verge.

Altman’s AI company is currently in talks to sell about $6 billion in stock that would value OpenAI at around $500 billion, CNBC confirmed Friday.