Why Changpeng Zhao Said Most AI Firms Will Go Bust

Harsh Notariya

(08:56 AM UTC)

1 min read

Binance founder Changpeng Zhao (CZ) argued on Friday that most artificial intelligence (AI) companies will go bust, even as Anthropic closed in on a $1 trillion valuation and OpenAI moved toward its initial public offering (IPO).

His warning landed during one of the busiest stretches in AI fundraising history, with two private firms now collectively valued near $1.8 trillion and several…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Harsh Notariya · BeInCrypto

Read original →

Comments