OpenAI is considering transitioning from a nonprofit into a for-profit company, and its deep-pocketed benefactor, Microsoft, has a lot to gain if the ChatGPT developer gets the green light.

The big winner if OpenAI becomes a for-profit business? Microsoft.

OpenAI, Microsoft, Meta, Amazon, and Google, are going to be using Nvidia's $30,000 to $40,000 Blackwell chips to power their AI efforts.

'Everybody Wants to Be First': Nvidia CEO Says Demand for Its Blackwell AI Chip Is 'Insane'

(Bloomberg) -- Facebook parent Meta Platforms Inc. debuted a new artificial intelligence tool that can generate or edit videos based on a simple text prompt, elevating competition with rivals like OpenAI and Google in the race to develop the world’s most advanced AI technology.Most Read from ...

Meta Unveils AI Video Generator, Taking On OpenAI and Google

(Reuters) -OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable private companies in the world. The funding has attracted returning venture capital investors including Thrive ...

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia

OpenAI has raised $6.6 billion from investors at a post-money valuation of $157 billion, cementing the ChatGPT maker's status as one of the most valuable private companies in the world,sources familiar with the matter said on Wednesday. The funding has attracted returning venture capital investors ...

OpenAI closes $6.6 billion funding haul at valuation of $157 billion with investment from Microsoft and Nvidia

And what that might mean for Generative AI more broadly

Five reasons why OpenAI’s $150B financing might fall apart

And the pressure is on — with a valuation of well over $100 billion, investors are likely going to ask some big questions that Altman and the other remaining executives may struggle to answer in the future.

OpenAI Execs Mass Quit as Company Removes Control From Non-Profit Board and Hands It to Sam Altman

OpenAI has pitched the Biden administration on the need for massive data centers that could each use as much power as entire cities, framing the unprecedented expansion as necessary to develop more advanced artificial intelligence models and compete with China.

OpenAI Pitched US on Unprecedented Data Center Buildout to Compete With China - Bloomberg

OpenAI

The uptake of GenAI will increase global GDP by 7%, or nearly $7 trillion, according to Goldman Sachs, and we can thank OpenAI for this eye-watering growth. 

How OpenAI Is Changing the World

OpenAI's 'Strawberry' o1 model sets a new benchmark for  AI in law, shifting from imitation to reasoning. Explore 8 ways it could transform legal practices.

Did OpenAI's o1 Strawberry model just raise the bar for AI in law? 

This article talks about enhancing the eCommerce experience using OpenAI assistants and Sitecore OrderCloud.

Reimagining eCommerce with Assistants - OpenAI GPT-4o Model plus Sitecore OrderCloud

A discussion of OpenAI's o1 ability to justify statements in the context of empathy. It makes the right decisions but sometimes for the wrong reasons.

OpenAI o1 - Questionable Empathy

OpenAI's hesitation to release its AI detection tool raises questions about plagiarism, ethics, and the future of AI in education and business.

OpenAI Made an AI Detection Tool, So Why Isn’t It Releasing It?

OpenAI is rushing to build an advanced AI that can deliver advanced reasoning capabilities under a tightly-knit project code-named Strawberry.

What is OpenAI Hiding?

An app that can understand the context of any web page. We'll show you how to create a handy web app that can summarize the content of any web page

How to Build a Web Page Summarization App With Next.js, OpenAI, LangChain, and Supabase

Read this post to get insight into the significance of Apple integrating its Siri voice assistant with OpenAI's ChatGPT generative AI tool.

Why OpenAI Stole the Show at Apple’s WWDC 2024

OpenAI is an AI research and deployment company that conducts research and implements machine learning.

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OPENAI

openai.com

1000 employees

Since 2015

COMPANY RANKING

OPENAI

EVERGREEN INDEX #659

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