Major AI Companies Aren’t Even Pretending to Make Money
Joe Wilkins
created: Jan. 31, 2026, 7:15 p.m. | updated: Feb. 10, 2026, 7:15 p.m.
Last year, investors lavished $80 billion on foundation AI companies — the ones building huge, general-purpose AI systems.
That being the case, you may ask yourself: is anyone even trying to make money from all this AI stuff?
The answer, as TechCrunch AI editor Russell Brandom explains, is a resounding “not really, no.”In order to keep track of who‘s doing what in the AI space, Brandom came up with a five-level scale to grade AI companies.
Instead, Brandom went with a vibes-based system, rating companies based on how hard they’re trying to make money.
“There are no product cycles, and, aside from the still-baking superintelligent foundation model, there doesn’t seem to be any product at all,” Brandom writes.
1 week, 4 days ago: Futurism