Microsoft’s multi-billion-dollar bet on OpenAI has received backlash from AI critics, claiming that the technology might be just a bubble waiting to burst. The controversial partnership has also raised concerns among investors, primarily due to a lack of a clear profitability path.
As you might know, a recent report suggested that OpenAI might have lost $11.5 billion chasing the AI hype, per Microsoft’s financial report for the fiscal year ending June 30. It’s still unclear whether OpenAI breaks even…