Xpeng CEO dismisses AI bubble fears, predicts robots will soon be affordable for households

He Xiaopeng, co-founder and CEO of Chinese electric vehicle (EV) maker Xpeng, is not concerned about a bubble in the artificial intelligence sector and believes autonomous cars will outperform human drivers sometime soon. Sharing his thoughts on Weibo, the billionaire entrepreneur tried to allay public concerns about an overheated AI industry, adding that he foresaw vast opportunities ahead. “Any technological revolution will inevitably see bubbles in some aspects during a certain period of...