(Bloomberg Opinion) — I wrote at the beginning of the year that Wall Street investors should brace for an \u201cAI winter\u201d in 2025; not necessarily a slowdown in investment, and certainly not in hype from the companies, but in tangible progress. Patience would be tested. Some recent events warrant revisiting the question: Is the AI winter upon us? GPT-5, the long-awaited new model from Sam Altman\u2019s OpenAI, was released earlier this month to a tepid reception. If it\u2019s a step toward artificial general intelligence, as the company repeatedly said it would be, it\u2019s a tiny one indeed. The model was so poorly received by some ChatGPT die-hards that the company was forced into an embarrassing rollback, making older models available again. Altman\u2019s claim that GPT-5 was like talking to a \u201cPhD-level\u201d expert quickly became a joke.At the same time, CoreWeave Inc., one of the few pure-play AI stocks, plummeted more than 25% last week after guidance that spooked investors: Revenue growth is expected to be enormously outpaced by capital expenditure increases. (And the IPO lockup was coming to an end, which didn\u2019t help either.)<\/p>\n","protected":false},"excerpt":{"rendered":"
(Bloomberg Opinion) — I wrote at the beginning of the year that Wall Street investors should brace for an \u201cAI winter\u201d in 2025; not necessarily a slowdown in investment, and certainly not in hype from the companies, but in tangible progress. Patience would be tested. Some recent events warrant revisiting the question: Is the AI winter upon us? GPT-5, the long-awaited new model from Sam Altman\u2019s OpenAI, was released earlier this month to a tepid reception. If it\u2019s a step toward artificial general intelligence, as the company repeatedly said it would be, it\u2019s a tiny one indeed. The model was […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-956033","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/956033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=956033"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/956033\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=956033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=956033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=956033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}