Changpeng Zhao Says Many AI Companies Won’t Survive

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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 …