This is nothing. During the dotcom boom there were companies owning only poultry farms in places like India that changed their names to sound like an IT company

This is nothing. During the dotcom boom there were companies owning only poultry farms in places like India that changed their names to sound like an IT company or a dotcom to so that the stock goes up. Atleast these "AI" companies are doing pass through AI, hopefully with some good user friendly and useful features on top of OpenAI's APIs, or targeting different verticals.