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Investors are so horny for AI that they’ve invested $175M in OpenAI’s VC fund

3 points| belter | 2 years ago |ft.com | reply

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[+] 0gravitas|2 years ago|reply
It's a great strategy for the long game. The AI tech itself (e.g. OpenAI) will just be a low margin, commoditised utility in the long run. The value is at the edges.