Goldman Sachs – AI in a Bubble, Oct 2025

The main theme of the report is the analysis of the current market situation related to the valuations of companies operating in the field of artificial intelligence (AI) and the discussion of whether this sector is in a bubble.

Key findings include various expert opinions on whether the current situation is a bubble. Some experts believe that the AI market is not in a bubble, but there are concerns about the gap between valuations in public and private markets. The report also discusses significant investments in AI and their justification, and provides recommendations for investors on the need to diversify investments in the technology sector.