AI will never be a winner-takes-all market due to well-funded rivals: Sam Altman

The AI space will never be a “winner-takes-all” market on account of “very big, well-funded, very competent competitors”, said OpenAI cofounder and chief executive Sam Altman in an interview with technology analysis platform, Stratechery.

The OpenAI chief’s remarks came in response to a question by technology analyst Ben Thompson about whether association with his company is the only way to become a part of the rapid AI buildout.

AI startups used to approach tech majors like Microsoft, Google, and Amazon for funding. They are now tapping the…