Investing in Enterprise AI Startups: Why I’m Skeptical and Staying Away
Mergers and Inquisitions
AUGUST 14, 2024
However, the specific question here is who profits from these features, not which users benefit the most. billion in annualized Generative AI bookings vs. OpenAI’s annualized recurring revenue of $3.4 OpenAI is a possible exception, but since Microsoft owns ~49% of its for-profit arm, I view it as more of a Microsoft extension.
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