
Chris Jung/NurPhoto via Getty Images Just over three years ago, OpenAI opened the floodgates with the launch of ChatGPT. The frantic industry-wide race that followed has resulted in soaring valuations for AI companies, tens of billions of dollars invested in data center infrastructure — and plenty of skepticism as well. For one, experts have pointed out that OpenAI’s business fundamentals are inherently different from those of its competitors like Google.