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Microsoft’s $13 billion artificial intelligence bet


OpenAI, the corporate behind the ChatGPT chatbot, was based in 2015 by various researchers, teachers and entrepreneurs, together with Sam Altman, Greg Brockman and Elon Musk.

Altman and Brockman are nonetheless at OpenAI, serving as CEO and president, respectively. Musk departed in 2018. On the time, OpenAI mentioned Musk left to keep away from a battle of curiosity together with his different firm, Tesla, which was changing into more and more centered on AI. Within the years since, OpenAI has grown into one of many distinguished leaders in AI growth. 

OpenAI gained recognition in late 2022 after releasing ChatGPT, a chatbot that may reply person questions in a way that feels like a human. The corporate additionally has instruments that may generate photos and movies from textual content prompts. OpenAI now reportedly generates annual income of $3.4 billion, and has notable clients, together with PwC, Moderna and Estée Lauder. Microsoft has invested about $13 billion into the AI startup.

However OpenAI’s wild success has additionally raised considerations from regulators and specialists, who query the outsized energy that AI corporations and Massive Tech may have on our society in addition to the stress the know-how may trigger on our energy grid. Watch the video to seek out out extra.



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