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International Business Times
International Business Times
World

Open AI's Fidji Simo Says AI Investment Frenzy 'New Normal,' Not Bubble

Open AI's Fidji Simo says AI investment frenzy 'new normal,' not bubble (Credit: AFP)

The dizzying investments in artificial intelligence infrastructure do not constitute a bubble but rather represent today's "new normal" to meet skyrocketing user demand, Fidji Simo, OpenAI's de facto number two, said on Monday.

The French-born executive made her comments in an interview with AFP, her first since taking up her role as Chief Operating Officer of OpenAI's applications, including its flagship model ChatGPT.

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