Exactly. Such technology reached the limits, It can only be slightly improved by using larger models (larger models means bigger consumption of resources for the inference), so I think the global hoarding of chips is not being enough for them, I assume that they have to wait for provisions, and also the prices turned out of control due their greed. Given the ever-increasing hardware requirements and the energy consumption prices, they have no expectation of making a profit with such larger models pattern. They are making time.

Also, even more important, the -Chinese- open models are hurting these companies MUCH, with cheaper services, and with people using this open models in local also, specially for privacy safety.

So these greedy companies have decided to lie to people again, through several JamesCameron-like shows, saying that such a product has turned into Skynet (when in reality this tech is a string concatenation database with errors, aka LLM), in order to try to force regulations to road an oligopoly, their oligopoly, and dismantle the open models providers. They will claim to be the chosen companies who are meant to manage this tech.

With this, they also want to convince the investors they have future, IPO included, and that one day they will be able to be profitable (instead of the bottomless pit that they are).

It is also necessary to say that if they were had a real artificial intelligence they would not stop, this can be taken for granted, as this was what originally they thought they was reaching time ago (to f*** the world to line their own pockets).

IMHO.