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OpenAI Investors Say Startups Still in the AI Race, Amidst ChatGPT Apps

Nov 10, 2023 - techtimes.com
AI startups are increasingly concerned about competing with OpenAI, which recently announced its customizable 'GPTS'. Despite these concerns, investors have assured startups of ample room for innovation in the AI sector. They are particularly interested in AI technologies that improve user interfaces and solve complex tech problems. OpenAI is also planning to develop its own AI chips amid global shortages.

The introduction of 'GPTS', shareable custom versions of ChatGPT, has further heightened concerns among AI startups. These can be created for specific purposes, making them more useful in everyday activities. This move is seen as an attempt by OpenAI to create an AI empire by offering products to both businesses and consumers. The main concern among startups is whether businesses that rely on generative AI for document reading can survive against OpenAI's offerings.

Key takeaways:

  • AI startups are concerned about competing with OpenAI, especially after the announcement of its highly customizable 'GPTS' that combines instructions and skills.
  • OpenAI is reportedly developing its own AI chips amid global shortages, and is also introducing ChatGPT apps called 'GPTs' aimed at creating an AI empire by offering goods to both enterprises and consumers.
  • Investors are still seeking innovative AI technologies that improve user interfaces and solve deep tech problems, and believe that AI startups can play a significant role in shaping the future of AI.
  • A recent update to ChatGPT allows users to ask about documents by uploading PDFs and other files, causing concern among businesses that rely on generative AI for document reading.
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