Source: International Business Times
Open AI's Fidji Simo says AI investment frenzy 'new normal,' not bubble AFP The dizzying investments in artificial intelligence infrastructure do not constitute a bubble but rather represent today's "new normal" to meet skyrocketing user demand, Fidji Simo, OpenAI's de facto number two, said on Monday. The French-born executive made her comments in an interview with AFP, her first since taking up her role as Chief Operating Officer of OpenAI's applications, including its flagship model ChatGPT. In the past few weeks, her company, under the leadership of CEO Sam Altman, has made a series of huge investments in data centers and AI chips, despite no real signs that the fast-emerging AI business is close to breaking even.
