I do agree with you, there is a reverse in the minimalism trends (which I am incredibly happy to see).
However, in my opinion this specific typeface and aesthetic is been taken up by AI companies to harken back to the likes of the 1984 Macintosh ads and such...in an attempt to try and convey that "$(AI_PRODUCT) is just as revolutionary as the first desktop PCs".
It does seem especially similar to old Mac ad fonts