San Francisco, Oct 4, 2024 (AFP) - AI bubble or 'revolution'? OpenAI's big payday fuels debate

NAMPA / AFP

2024-10-04

Fear of missing out has rocketed the value of artificial intelligence companies, despite few signs as to when the technology will turn a profit, raising talk of AI overenthusiasm. The mystery deepens when it comes to predicting which generative AI firms will prevail, according to analysts interviewed by AFP. ChatGPT-maker OpenAI secured $6.6 billion in a funding round that propelled its valuation to an eye-popping $157 billion, sparking new worri......

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