News Summary

• It's no coincidence that chatter of an AI bubble is growing louder just as bullish calls are becoming more confident.
• Tech valuations continue to rise alongside a gnawing feeling that things are about to crumble.
• But a more charitable reading views so much money chasing so many unproven AI plans as a rational approach to the prospects, however remote, of a huge payoff.
• If the potential rewards are so large, it makes sense for the market to adopt a venture capital approach of sorts to AI investing.