Databricks CEO Bubble Warning: Ghodsi warns AI valuations are unsustainable

Databricks CEO Ali Ghodsi warns of an AI bubble, highlighting companies with billions in valuation but no revenue. He criticizes circular financing deals inflating valuations and predicts worsening market conditions. Ghodsi remains optimistic about AI agents, noting their significant use in database creation on Databricks, but sees revenue potential in applications, not commoditized foundation models.