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International Business Times
International Business Times
Business
Julie JAMMOT

AI The New Obsession For Venture Capital Investing

Despite fears of the dangers of artificial intelligence, investors are focusing on the potential rewards of the technology (Credit: AFP)

After the earthquake of ChatGPT's phenomenal success a year ago, Silicon Valley investors have gone into overdrive with artificial intelligence, looking for the newest blockbuster idea in an ocean of hype and overpromising.

OpenAI sparked a generative AI craze with ChatGPT, which can pen stories, create pictures, write computer code and more from simple text prompts.

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