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Changpeng Zhao Says Many AI Companies Won’t Survive

The post Changpeng Zhao Says Many AI Companies Won’t Survive appeared first on Coinpedia Fintech News Changpeng Zhao said artificial intelligence is likely to remain a long-term growth industry, but warned that many AI companies may fail as competition intensifies. According to Zhao, the sector is experiencing a surge of new entrants, making consolidation likely […]

The post Changpeng Zhao Says Many AI Companies Won’t Survive appeared first on Coinpedia Fintech News

Changpeng Zhao said artificial intelligence is likely to remain a long-term growth industry, but warned that many AI companies may fail as competition intensifies. According to Zhao, the sector is experiencing a surge of new entrants, making consolidation likely as the market matures. He added that even successful AI firms could face significant valuation and …

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