AI startup valuations raise bubble fears as funding surges

Artificial intelligence startups are attracting record sums of venture capital, but some of the world’s largest investors warned that early-stage valuations are starting to look frothy, senior investment executives said on Friday.
“There’s a little bit of a hype bubble going on in the early-stage venture space,” said Bryan Yeo, group chief investment officer at Singapore sovereign wealth fund GIC (GIC.UL), as part of a panel discussion at the Milken Institute Asia Summit 2025 in Singapore.