OpenAI looks to expand Microsoft partnership, raise funding

OpenAI, the maker of the favored chatbot ChatGPT, is looking for to develop its partnership with Microsoft and lift extra capital from the tech large and different traders, in keeping with CEO Sam Altman.

In an interview with the Monetary Instances published Monday, Altman stated the collaboration between OpenAI and Microsoft has been “working very well,” he expects the businesses to proceed investing in one another’s success.

Earlier this yr, Microsoft invested $10 billion in OpenAI, valuing the San Francisco-based startup at $29 billion. Whereas not disclosing particular monetary particulars, Altman indicated OpenAI has seen sturdy income progress in 2022 however stays unprofitable as a consequence of excessive analysis and growth bills related to growing more and more subtle AI fashions.

Deepening ties with Microsoft intention to make sure each firms can capitalize on developments in synthetic intelligence know-how.

Final week, OpenAI unveiled new developer instruments and upgrades to its GPT-4 mannequin, which permits customization for particular purposes. It additionally launched a market, dubbed the GPT Retailer, the place creators can monetize AI apps and break up revenues with OpenAI, just like Apple’s App Retailer mannequin.

Trying forward, Altman stated OpenAI is targeted on growing extra autonomous software program brokers able to executing more and more advanced duties, aiming to realize synthetic basic intelligence that rivals human skills.

The corporate is already at work on GPT-5, the successor to its groundbreaking massive language mannequin, although Altman didn’t present a timeline for its launch. He acknowledged it’s technically difficult to foretell precisely what new expertise and capabilities every new iteration of the know-how might possess.

Like many AI researchers, OpenAI depends closely on superior semiconductors from Nvidia to coach its fashions. Altman stated provide shortages for Nvidia’s costly chips created a “brutal crunch” in 2022, however he expects availability to enhance subsequent yr as new choices from different chipmakers enter the market.

Whilst OpenAI solidifies its lead in generative AI, Altman stated the corporate stays targeted on the elusive objective of growing synthetic basic intelligence. He believes mastering pure language processing by means of fashions like GPT is a important step towards that finish.

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