OpenAI, the company behind the popular artificial intelligence chatbot ChatGPT, has quickly become one of the most valuable AI startups in the industry. Founded in 2015 by a group of researchers, academics, and entrepreneurs including Sam Altman, Greg Brochman, and Elon Musk, OpenAI started off as a nonprofit organization. However, with the release of projects like OpenAI Gym and Universe, the company began to gain recognition within the tech community.
It wasn’t until the launch of ChatGPT in 2022 that OpenAI truly skyrocketed to fame. The AI-powered chatbot, which uses generative AI to carry out conversations with users, caught the attention of major tech players like Microsoft. With a valuation of over $80 billion and substantial investments from companies like Microsoft, OpenAI has solidified its position as a powerhouse in the AI landscape.
Despite its success, OpenAI’s rapid growth has also sparked concerns about the influence that AI companies like OpenAI and Big Tech could have on society. As the company continues to push the boundaries of AI technology, regulators and experts are closely monitoring the impact it could have on our society and infrastructure. With ChatGPT leading the charge, OpenAI’s journey to the top of the AI industry is a testament to the transformative power of artificial intelligence.
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Video “How ChatGPT Made OpenAI One Of The Most Valuable AI Startups” was uploaded on 08/10/2024 to Youtube Channel CNBC