Launch of OpenAI’s ChatGPT in late 2022 sparks interest in AI technology
OpenAI, a leading artificial intelligence company, has completed a deal that values the company at $80 billion. The deal includes a tender offer led by venture firm Thrive Capital, allowing employees to cash out their shares of the company. This unconventional method of raising funds for the business marks a significant milestone for OpenAI.
CEO Sam Altman is reportedly in talks to raise funds for a chip venture aimed at boosting the world’s chip-building capacity to drive new AI-related tools. This initiative reflects OpenAI’s commitment to pushing the boundaries of AI technology and developing innovative solutions to meet the growing demand in the market.
The launch of OpenAI’s ChatGPT in late 2022 has generated significant interest in the potential of AI technology. This development has prompted companies to explore ways to harness the power of AI, signaling a new era of innovation and advancement in the field of artificial intelligence.
