Part 3/12:
Newman explains that the ongoing investment frenzy isn't just about immediate profits but about establishing dominance in an industry poised for rapid expansion. OpenAI’s backers are betting on the company becoming the backbone of future AI infrastructure, spanning enterprise applications, research models, and consumer-facing products. This relentless influx of capital—much of it driven by the perception that AI's potential is limitless—means that even extraordinary losses don't dampen investor enthusiasm.