The AI sector is almost certainly in a bubble right now, though Griffin added that such periods of overvaluation typically coincide with technological advances. He made the comments regarding current market valuations on October 20.
Tuesday, October 20, 2026
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AI5 hours ago
Corporate users of artificial intelligence are reviewing their expenditures on services from OpenAI and Anthropic after some struggled to derive actual value from the tools, Citadel CEO Ken Griffin said. Griffin noted that firms are scrutinizing their invoices as they find it difficult to translate generative AI capabilities into productive business outcomes.

The AI sector is almost certainly in a bubble right now, though Griffin added that such periods of overvaluation typically coincide with technological advances. He made the comments regarding current market valuations on October 20.
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