Gary Marcus says the AI bubble is deflating: Nvidia -16%, CoreWeave -55%, Oracle -52%
GaryMarcus · x · 2026-11-11
Gary Marcus pushes back on January's "no AI bubble" claim with 12-month data: Nvidia down 16%, CoreWeave down 55%, Oracle down 52%, credit markets losing patience, and Anthropic's valuation dipping 30% in weeks. In the quoted post, altcap argues DeepSeek was not a Chinese cost breakthrough — apples-to-apples is $6M vs $15M, not billions — with Dario Amodei confirming DeepSeek performance trails by 7-10 months.
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