OpenAI, Apple stumble with AI projects, 42% of initiatives abandoned
openai and apple face challenges with ai projects, 42% of corporate ai initiatives are abandoned due to funding, technical issues, or low demand.
openai has had several missteps, including a redesign of chatgpt that was rolled back due to user criticism, and the shutdown of standalone apps like chatgpt atlas and operator. apple's new siri ai was delayed and eventually appeared in the ios 27 beta this past july. character.ai, a consumer ai app, filed for bankruptcy despite raising $150 million at a $1 billion valuation in 2023. according to s&p global market intelligence, 42% of ai initiatives are abandoned due to insufficient funding, technical challenges, or weak user demand.