HAS THE AI BUBBLE BURST?

NOT YET

Days since ChatGPT release:

Feels longer, doesn't it?

Stock data last refreshed: loading…

📈 The Magnificent 5 (AI Edition)

🚀 GPT-4 Released

🤖 Everyone Panic-Rebranded to AI

💸 First "AI Girlfriend" Funding Round

🎪 "We're All Gonna Die" Phase

We retired the vanity counters and are anchoring everything to actual stock prices.

Average 5-day move across the Not-So-Magnificent 5

—

Nvidia's market cap in Trillions (from cached price)

$3.4T

1999

"The internet changes everything"

"Eyeballs > Profits"

"This time it's different"

"Pets.com will revolutionize pet food"

2023-2024

"AI changes everything"

"Users > Revenue"

"This time it's ACTUALLY different"

"AI will replace [insert profession]"

IT'S SO OVER WE'RE SO BACK

Static private-market markdown estimates — no live pricing feeds here.

CoreWeave

Built on Nvidia GPUs, but the private-market markdowns are stacking up.

Roughly 50% drawdown over the past month as hyperscaler demand cools.

Nebius

Another GPU cloud darling feeling the hangover.

Also staring at ~50% declines as AI infra spending normalizes.