As OpenAI pursues a public interest structure and global expansion, the influence of AI the powerhouse cannot be underestimated. However, where hundreds of new companies jump on the AI ​​bandwagon every year to follow in the footsteps of those who succeeded before them, 90% will inevitably fail.

Every few years, a new hype cycle appears. Venture capitalists (VCs), under pressure to deliver exponential returns to their backers, are constantly looking for the next big thing. In the 90s, it was the dot com boom; today, it’s AI.