AI is hitting a wall just as valuations reach the stratosphere | CNN Business

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New York CNN  — 

It’s been two years since OpenAI bestowed ChatGPT upon the world and set off a kind of gold rush for artificial intelligence. Billions of dollars are pouring into AI-focused and AI-adjacent companies on the promise that the technology is going to accelerate (or possibly obliterate) every aspect of modern life.

The narrative from Silicon Valley is that the AI train has

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