4min chapter

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis cover image

AI Bubble? Layoffs Hit AI Companies

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

CHAPTER

The Chatbot Format's Drop Off Means an Existential Crisis

The number of users for OpenAI's chatbot format has fallen by 10% in the last month. Some analysts say this is a red flag, but it could also be due to summer break and other smaller use cases. The company raised $100 million at a 10 figure valuation with what is essentially a generic thin wrapper around OpenAI. Companies like Jasper and the VCs that back them are the biggest losers right now.

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