The recent announcement from OpenAI regarding artificial intelligence “apps” does not signal the end for emerging startups working on AI products, according to two investors associated with OpenAI who spoke at a Helpleak NEXT conference on Thursday.


These investors emphasized that there is still a keen interest in discovering new AI products that can enhance user interactions with technology and tackle profound technological challenges, such as brain-computer interfaces.

OpenAI, the creator of the widely used ChatGPT chatbot, recently introduced a marketplace enabling users to access customized AI “apps” for various tasks, including teaching math or creating stickers.

The announcement raised concerns among founders of AI startups who fear they might face challenges in competing with OpenAI, as the company endeavors to establish an AI empire with offerings targeting both consumers and enterprises.

Konstantine Buhler, a partner at Sequoia Capital, reassured at the conference, stating, “There’s still ample space for ongoing innovation in AI. We’re in a transitional phase within a revolution that spans decades. You can play a significant role in shaping how this evolves.”

Sequoia Capital made an investment in OpenAI, the creator of...


CLICK HERE TO READ MORE