CSET’s Ngor Luong provided her expert insights in an article published by Bloomberg that discusses the the influence of Big Tech companies on the artificial intelligence (AI) startup ecosystem. The article highlights the significant investments and partnerships that have taken place throughout the year. Despite the emergence of new AI startups in Silicon Valley, major tech players such as Microsoft, Salesforce, Alphabet, Amazon, and Nvidia continue to dominate the industry.
Addressing the potential for monopolistic trends in the AI sector, Luong commented, “What regulators might be concerned about is that the story of Big Tech’s strategic investment in AI startups could have the potential to become the story of Big Tech’s AI monopoly.”
What regulators might be concerned about is that the story of Big Tech’s strategic investment in AI startups could have the potential to become the story of Big Tech’s AI monopoly.Ngor Luong, CSET Senior Research Analyst
Read the article in Bloomberg.