Chamath Palihapitiya Says Swedish Fintech Company Klarna Scaling Back AI Support Is A Red Flag For Industry: Startups Could 'Pivot To Simply Use AI For Narrow Use Cases' – First Trust DJ Internet Index Fund (ARCA:FDN), Fidelity MSCI Information Technology Index ETF (ARCA:FTEC)

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Chamath Palihapitiya has weighed in on the implications of Klarna scaling back AI, hinting it can signal a challenge for AI-first startups.