Beware AI Startups, OpenAI Can Take You Out Anytime

OpenAI updated ChatGPT to include PDF services over the weekend, according to user reports. Several AI startups built themselves around PDF analysis to be used as an add-on to ChatGPT, but OpenAI’s latest update may have just rendered these startups useless. “OpenAI just executed a move that will wipe out dozens of AI companies,” wrote Sahar Mor, product Lead at Stripe in a Linkedin post Sunday. Mor is referring to the “wrapper startups.

“We’re one of the ‘victims’ hit by this update,” said ChatOCR’s Alex Reibman in a tweet Monday, which also showed a major dropoff in usage following the release of the update. It’s unclear whether OpenAI’s latest update will truly kill any generative AI startups with its latest update. With funding from Microsoft, OpenAi can easily continue to add new features, like it did with PDF analysis, which could be another startup’s whole business.

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