Sam Altman acknowledges ‘economic headwinds’ for OpenAI as Google’s AI gains pace

OpenAI chief executive Sam Altman has accepted that Google’s recent successes in artificial intelligence (AI) could “create some temporary economic headwinds for our company”, The Information reported. In an internal memo to colleagues last month, Altman assured that OpenAI is “catching up fast”, and would emerge on top in the AI race.

Concerns over OpenAI’s slowing growth surfaced late this summer. In the latest quarterly earnings call with top investors, finance chief Sarah Friar confirmed that user engagement on the company’s popular…