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Tech 01: An Expensive Ego?; AI Startup Burns $100M in 6 Months, Still Can't Beat ChatGPT 🔥
When would AI truly be democratized? When the truth is 42% of AI-funded startups fail due to insufficient demand, even though, as of the current Forbes report $83.6 Bn was raised in H1 2025 for the field, and it encompasses 57.9% of all VC funding. Even with this amount of funding, AI, just like most other startups, still has a 90% failure rate and an even higher, 95% pilot failure rate. Truth be told, the gigamote ChatGPT has a $100M burn rate and is seeking $100B funding, but it is a fair game for now, whereby $1 where it earns, it spends $3.30 to garner more users and keep the rate. With this in mind, words from the grape vines are indicating an investor appetite sentiment shift. Keeping the sass in all these, who needs more AI anyways? OpenAI might have its own clunks, but it’s still winning the race after all.

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