The Chief Investment Officer at the Government of Singapore Investment Corporation (GIC) has issued a cautionary note, highlighting the formation of a 'hype' bubble in early-stage artificial intelligence (AI) venture capital. He emphasized that should the technology fall short of the lofty market expectations, it could lead to a bubble scenario. Additionally, he cautioned that with governments having ramped up borrowing during the pandemic, there could be a heightened risk of financial risk events.