Sam Altman acknowledges ‘economic headwinds’ for OpenAI as Google’s AI gains pace

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OpenAI chief executive Sam Altman has accepted that Google’s recent successes in artificial intelligence (AI) could “create some temporary economic headwinds for our company”, The Information reported. In an internal memo to colleagues last month, Altman assured that OpenAI is “catching up fast”, and would emerge on top in the AI race.

Concerns over OpenAI’s slowing growth surfaced late this summer. In the latest quarterly earnings call with top investors, finance chief Sarah Friar confirmed that user engagement on the company’s popular…



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Sam Altman acknowledges ‘economic headwinds’ for OpenAI as Google’s AI gains pace



OpenAI chief executive Sam Altman has accepted that Google’s recent successes in artificial intelligence (AI) could “create some temporary economic headwinds for our company”, The Information reported. In an internal memo to colleagues last month, Altman assured that OpenAI is “catching up fast”, and would emerge on top in the AI race.

Concerns over OpenAI’s slowing growth surfaced late this summer. In the latest quarterly earnings call with top investors, finance chief Sarah Friar confirmed that user engagement on the company’s popular…



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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