AI will never be a winner-takes-all market due to well-funded rivals: Sam Altman

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The AI space will never be a “winner-takes-all” market on account of “very big, well-funded, very competent competitors”, said OpenAI cofounder and chief executive Sam Altman in an interview with technology analysis platform, Stratechery.

The OpenAI chief’s remarks came in response to a question by technology analyst Ben Thompson about whether association with his company is the only way to become a part of the rapid AI buildout.

AI startups used to approach tech majors like Microsoft, Google, and Amazon for funding. They are now tapping the…



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AI will never be a winner-takes-all market due to well-funded rivals: Sam Altman


The AI space will never be a “winner-takes-all” market on account of “very big, well-funded, very competent competitors”, said OpenAI cofounder and chief executive Sam Altman in an interview with technology analysis platform, Stratechery.

The OpenAI chief’s remarks came in response to a question by technology analyst Ben Thompson about whether association with his company is the only way to become a part of the rapid AI buildout.

AI startups used to approach tech majors like Microsoft, Google, and Amazon for funding. They are now tapping the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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