These 2 Popular AI Stocks Have Been On Fire -- Here's Why I'm Not Buying Either

The hype around artificial intelligence (AI) stocks has reached a fever pitch.

After start-up OpenAI released its chatbot called ChatGPT to the world late last year, a new boom in AI investments began to take hold. Companies like Microsoft are leading the charge to try and build up these new tools, investing $10 billion into OpenAI and forming a partnership for consumer AI tools. Wall Street has taken notice, sending stocks up over 100% this year just because they are associated with AI. 

While you might think now is the time to hop onto the AI investment train and make some short-term wealth, investing in new technologies is dangerous and extremely risky. Here are two popular AI stocks I'm holding off on buying for now.

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Source Fool.com