CEO of a $134 billion software giant blasts companies with billions in funding but zero revenue: ‘That’s clearly a bubble, right… it’s, like, insane’

In a typically candid assessment of the current artificial intelligence landscape, the outspoken CEO of $134 billion software analytics firm Databricks, Ali Ghodsi, issued a stark warning regarding the ballooning valuations of AI startups that lack fundamental business metrics. Speaking at Fortune Brainstorm AI in San Francisco, Ghodsi blasted the trend of investors pouring capital into unproven companies, stating, “Companies that are worth, you know, billions of dollars with zero revenue, that’s clearly a bubble...