In the past year, against the backdrop of dollar interest rate hikes and venture capital flowing back to the U.S., AI has almost become the only sector seeing an increase in investment. The financing volume in the AI sector has approached $50 billion. Nuno Goncalves Pedro, founder and managing partner of Silicon Valley early-stage venture capital firm Chamaeleon, believes that investors will return to rationality, and the arms race in AI investment will subside.