Vinod Khosla is looking at this metric to gauge if we're in an AI bubble

"What Wall Street tends to do with it, I don't really care," Khosla said.

Vinod Khosla On AI Bubble Fears: 'People Equate Bubble To Stock Prices,' But Real Demand Is In API Calls

Vinod Khosla argues that stock prices don't reflect the true demand for AI. He tracks API calls as a measure of real usage, ...
CNN

What bubble? The analysts and investors making the bull case for AI

Chipmaker Nvidia posted yet another blockbuster earnings report this month. The stock fell anyway, as many investors worry that the market is in the middle of an about-to-burst AI bubble. But for AI’s ...
Seeking Alpha

SP500: The AI Bubble Burst Stage One - Denial

The DeepSeek cost-efficient innovation is the fundamental trigger that busted the Gen AI bubble, and with it the S&P 500 bubble. The Gen AI capex could sharply decrease, and this could cause the ...