Microsoft’s Bill Gates points out a grim reality about AI bubble, says ‘only a fraction will…’

Bill Gates has a stark warning for AI companies. The Microsoft co-founder said that AI will become hyper competitive and only a fraction of companies will come out as winners in the long-run. He warned that AI companies with sky-high valuations face an uncertain future as the competition is growing tough. Despite these remarks, he highlighted that AI is the most thing and called it a transformative force.