OpenAI declares 'code red'
Digest more
The tale of two "code red" alerts, three years apart, highlights that even a buzzy AI pioneer like OpenAI can face competitive pressures.
There is cutthroat competition for Australian AI customers and some start-ups say OpenAI is starting to lag the likes of Google and Anthropic.
OpenAI has made huge spending commitments totaling more than $1 trillion. Those include a $300 billion cloud-computing deal with Oracle and a $250 billion arrangement with Microsoft. OpenAI is valued at around $500 billion and expects to reach over $20 billion in annualized revenue this year.
AI is changing how investors and startups bring their products to market. Three experts offered their insights at TechCrunch Disrupt.