ChatGPT has dominated the AI space, bringing the first generative AI platform to market and earning the lion’s share of users that grows every month. However, despite its popularity and huge investments from partners like Microsoft, SoftBank, NVIDIA, and many more, its parent company, OpenAI, is bleeding money faster than it can make it, begging the question: What happens to the generative AI market when its pioneering leader bursts into flames?

A brief history of LLMs

OpenAI essentially kicked off the AI race as we know it. Launching three years ago on November 30, 2022, ChatGPT introduced the world to the power of large language models LLMs and generative AI, completely uncontested. There was nothing else like it.

OpenAI lost $11.5 billion in the last quarter and needs $207 billion

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