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Stock impact report

Cato Networks CEO says we are in an AI bubble [Business Insider]

Cloudflare, Inc. Class A (NET) 
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Become an Insider and start reading now. Have an account? Log in Cato Networks CEO Shlomo Kramer says we're experiencing an AI bubble. Kramer said the level of investment and AI-driven profit improvements are driving the bubble. He warns that market prices are unsustainable and expects the bubble to unwind. The CEO of cybersecurity company Cato Networks may have just validated the fears of many: that the dot-com era could be repeating itself. "We are in a bubble," Shlomo Kramer, who runs the company aimed at securing organizations' digital and AI transformation, told Business Insider. Kramer said the bubble is fueled by both the high level of investment and early profit gains from AI, which he said are encouraging companies to keep investing fast enough to hold market prices up, despite what he described as a growing disconnect between valuations and reality. "There's a dislocation there; it's big and it's going to unwind," Kramer said. The CEO said that while he "ab Show less Read more
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