Is OpenAI Becoming ‘Too Big to Fail’?

Share via:


OpenAI “hasn’t yet turned a profit,” notes Wall Street Journal business columnist Tim Higgins. “Its annual revenue is 2% of Amazon.com’s sales.

“Its future is uncertain beyond the hope of ushering in a godlike artificial intelligence that might help cure cancer and transform work and life as we know it. Still, it is brimming with hope and excitement.

“But what if OpenAI fails?”

There’s real concern that through many complicated and murky tech deals aimed at bolstering OpenAI’s finances, 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.

Popular

More Like this

Is OpenAI Becoming ‘Too Big to Fail’?


OpenAI “hasn’t yet turned a profit,” notes Wall Street Journal business columnist Tim Higgins. “Its annual revenue is 2% of Amazon.com’s sales.

“Its future is uncertain beyond the hope of ushering in a godlike artificial intelligence that might help cure cancer and transform work and life as we know it. Still, it is brimming with hope and excitement.

“But what if OpenAI fails?”

There’s real concern that through many complicated and murky tech deals aimed at bolstering OpenAI’s finances, 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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Wireless keyboards can make your setup more future-proof; Trust...

A wireless keyboard brings calm order to a...

PowerUp Money raises $12 Mn in Series A round...

PowerUp Money, a mutual fund advisory wealthtech platform,...

Personal Brand Manager & Content Director (f/m) – 3F...

Responsibilities: Content Strategy & Execution Develop and execute LinkedIn content...

Popular