"OpenAI is in a special phase. It's rolling out products and ideas at a rapid clip, and the assumption is that all these projects will work out well and disrupt existing industry players. It reminds me of the golden days of Google and Amazon, when these fast-growing companies announced new initiatives and the market would immediately react. When Google launched internet balloons, mobile giants like Verizon swooned. When Amazon bought Whole Foods, grocery stocks took a beating."
"The startup revealed it's using its own AI-powered tools for workplace tasks such as sales, customer support, and contract analysis. Software such as its Inbound Sales Assistant and DocuGPT shows how AI can automate tasks typically handled by SaaS offerings from companies including HubSpot, DocuSign, and even Salesforce. While these OpenAI apps aren't publicly available, their capabilities spooked investors, sending software stocks tumbling. If OpenAI decides to commercialize these tools, it could redefine how enterprise software is built, priced, and integrated."
"Morgan Stanley responded swiftly to OpenAI's new Sora app, a short-form, AI-generated video service modeled after TikTok, highlighting its potential to disrupt the digital attention economy. The firm's analysts said the new app could be a key pillar in OpenAI's ambition to build a consumer business beyond subscriptions, particularly in digital advertising. While they believe Meta and Google are well-positioned to defend their territory, Morgan Stanley warned that smaller platforms such as Snap, Pinterest, and Reddit could face heightened engagement risks."
OpenAI is rapidly launching products and internal tools, prompting comparisons to early Google and Amazon. The company revealed AI-powered workplace assistants for sales, customer support, and contract analysis, including Inbound Sales Assistant and DocuGPT, which automate tasks typically handled by HubSpot, DocuSign, and Salesforce. Although those apps are not publicly available, their capabilities spooked investors and caused software stocks to tumble. Morgan Stanley highlighted Sora, an AI-generated short-form video app modeled after TikTok, as a potential pillar for consumer advertising revenue. Meta and Google appear better positioned to defend, while smaller platforms like Snap, Pinterest, and Reddit face engagement risks.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]