Sam Altman, the CEO, was so boastful of his enterprise that he asked countries to build a generative AI software that can rival his in their lifetime. Three days later, China announces its first generative AI that works many times faster and efficient than ChatGPT with very less capital investment.
Just when this was announced, NASDAQ alone tanked 3% wiping billions away from the market.
When do you think all the money lost will enter into the market? What could be the implications?
Just when this was announced, NASDAQ alone tanked 3% wiping billions away from the market.
When do you think all the money lost will enter into the market? What could be the implications?