Part 5/8:
As investors grapple with the realities posed by R1’s capabilities, the market saw nearly a trillion dollars in value evaporate, with Nvidia bearing the brunt of this downturn. Furthermore, key semiconductor manufacturers like Taiwan Semiconductor and Broadcom are also feeling the pressures of this disrupted landscape.
OpenAI's Response to Competition
In light of the changing dynamics, OpenAI has taken steps to respond to the rising competition. They have launched the $200 01 Mini model for free users, alongside a new feature called "Operator," which allows their AI to access the internet and interact with external applications. While this can be seen as a strategic move to remain competitive, feedback on the Operator feature has been mixed.