A new report from MIT reveals a concerning trend: 95% of generative AI pilot projects within organizations are failing to deliver expected results. This news coincides with OpenAI CEO Sam Altman’s warnings about a potential AI bubble, fueled by escalating investment and spending within the industry. In other developments, Oracle is integrating OpenAI’s GPT-5 into its database and cloud offerings. Arm is expanding its AI chip ambitions with the recruitment of a key AI executive from Amazon, signaling a move towards in-house chip development.
Generative AI Pilot Projects Face High Failure Rate; Experts Warn of AI Bubble
