Investor letter: Elliott Management says megacap tech stocks, particularly Nvidia, were in "bubble land", and AI is "overhyped" and "not ready for prime time" (Financial Times)

Financial Times: Investor letter: Elliott Management says megacap tech stocks, particularly Nvidia, were in “bubble land”, and AI is “overhyped” and “not ready for prime time”  —  Hedge fund tells clients many supposed applications of the technology are ‘never going to actually work’

Aug 5, 2024 - 10:00
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Investor letter: Elliott Management says megacap tech stocks, particularly Nvidia, were in "bubble land", and AI is "overhyped" and "not ready for prime time" (Financial Times)

Financial Times:
Investor letter: Elliott Management says megacap tech stocks, particularly Nvidia, were in “bubble land”, and AI is “overhyped” and “not ready for prime time”  —  Hedge fund tells clients many supposed applications of the technology are ‘never going to actually work’