REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 9 (Reuters) - OpenAI's announcement on artificial intelligence "apps" do not spell the death knell for nascent startups building AI products, two OpenAI investors said at a Reuters NEXT conference on Thursday.
Investors are still hunting for new AI products that could help consumers interact better with the technology and address deep tech issues such as brain computer interface, they said.
We're in an intermediary step in a decades-long revolution," Konstantine Buhler, partner at Sequoia Capital, told the conference.
Avery Klemmer, investor at Thrive Capital, which recently increased its investment in OpenAI, also said she sees opportunities for the rise of consumer applications beside ChatGPT.
Despite recent frenzied investments into the technology by companies and venture capital firms, analysts and investors say development of AI products is still in the early stages.
Persons:
Dado Ruvic, Konstantine Buhler, Avery Klemmer, ChatGPT, Klemmer, Jill Chase, Krystal Hu, Sayantani Ghosh, Deepa Babington
Organizations:
REUTERS, Reuters NEXT, Sequoia Capital, Sequoia, Microsoft, Thomson
Locations:
OpenAI, New York