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Will OpenAI be the next tech giant or next Netscape?
- OpenAI is compared to Netscape and described as 'doomed and haemorrhaging cash' by Michael Burry in a post on X, formerly Twitter.
- Michael Burry stated that OpenAI is 'doomed and haemorrhaging cash,' comparing it to Netscape.
- OpenAI's valuation has reached US$500 billion in funding rounds, making it higher than any other private company.
- OpenAI's chief executive expressed annoyance regarding the startup's multi-trillion-dollar contracts, as the company expects significant losses until at least 2029.
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34 Articles
34 Articles
InsideNoVA.com+32 Reposted by 32 other sources
Will OpenAI be the next tech giant or next Netscape?
Three years after ChatGPT made OpenAI the leader in artificial intelligence and a household name, rivals have closed the gap and some investors are wondering if the sensation has the wherewithal to stay dominant.
ChatGPT catapulted it like no startup before it, but after three years at the top, OpenAI is being overtaken by the competition, sparking criticism and doubts in the tech community and among investors.
Coverage Details
Total News Sources34
Leaning Left3Leaning Right7Center6Last UpdatedBias Distribution44% Right
Bias Distribution
- 44% of the sources lean Right
44% Right
L 19%
C 37%
R 44%
Factuality
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