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Powell: AI Different From 1990s Bubble, Firms Already Profitable

By: theblockbeats.news|2025/10/29 19:47:58

BlockBeats News, October 30, Federal Reserve Chairman Powell: Artificial intelligence is different from the 1990s bubble, as companies are already profitable. Clearly, AI investment is one of the key drivers of growth. (Xinhua News Agency)

SOL drops below $190, with a 24-hour loss extending to 4.2%.

OpenAI is planning to go public in 2027, with a valuation potentially reaching $1 trillion.