$300 billion, 500 million users, and no time to enjoy it: The sharks are circling OpenAI
Briefly

OpenAI, once riding high with a $40 billion funding boost and 500 million weekly ChatGPT users, has seen a sudden shift. Competition has emerged from industry giants like Google, Meta, Amazon, and newer challengers. The pressure of this multi-front attack has led to long working hours for engineers, some reporting burnout. OpenAI provided a recovery week for staff amidst these challenges. This situation highlights the tumultuous landscape for the premier AI startup as it navigates intensified competition from various fronts.
OpenAI's flagship product, ChatGPT, was attracting some 500 million users a week, far more than its closest competitor.
In the last several weeks, OpenAI has faced attacks on multiple fronts, mostly from Big Tech behemoths like Meta, Google, Amazon and Microsoft.
OpenAI engineers, some of whom told media outlets they've been working 80 hours a week or more, faced burnout.
OpenAI was securing superlatives and had just collected $40 billion in funding, valuing the company at $300 billion.
Read at Business Insider
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