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AI News from ET - Open AI's Fidji Simo says AI investment frenzy 'new normal,' not bubble

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OpenAI's CEO of Applications, Fidji Simo, says big AI spending isn’t a bubble but the new reality, driven by rising demand. She sees computing power as key. While recognising AI risks, she highlights its benefits in mental health and jobs. She says her goal is to make AI helpful while guiding safe, responsible use.

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