OpenAI losing its shine

[Hanno Labuschagne]

OpenAI losing its shine

Wall Street’s sentiment toward companies associated with artificial intelligence is shifting, and it’s all about two companies: OpenAI is down, and Alphabet is up.

The maker of ChatGPT is no longer seen as being on the cutting edge of AI technology and is facing questions about its lack of profitability and the need to grow rapidly to pay for its massive spending commitments.

[Bloomberg]

 

[zll]

OpenAI is going to explode spectacularly. ChatGPT is not worth the hype. Haven't tested the latest version of Gemini but will do that at some point.

 

[ThinkCentre]

AI is overrated and we were using it long before we knew it on various search engines. Companies invested way too much money in it that will never be recovered completely.