 "ChatGPT owner sets eyes on making profits, clears road to a potential IPO; Microsoft gains")
OpenAI has been accelerating its growth since the evolution of ChatGPT, with deep learning and rapidly advancing machine learning models. According to Tech Crunch, it is faster evolving and tracking towards achieving an intern-level research assistant by September 2026 and a fully automated “legitimate AI researcher” by 2028 as stated by the company’s CEO Sam Altman on Tuesday.
Being the next tech gen, OpenAI is categorically going to be soon turning into a corporate structure. To align with CEO Sam ALtman’s vision of creating an edge-cutting technology, OpenAI and Microsoft have led a deal on Tuesday that allows ChatGPT to go public for its financial use. According to Reuters, Altman said that this public offering will shape the company’s future by carving a path and money needed to train AI systems will help and support ChatGT.
Moving away from the non-profit books, this AI researcher is capable of autonomously delivering data on a larger scale and various research projects. OpenAI’s chief scientist, Jakub Pachocki said, “We believe that it is possible that deep learning systems are less than a decade away from superintelligence,” as quoted by Tech Crunch.
The move has uplifted OpenAI’s investors and the trading partners, which bets on the generative AI technology which renovates the international finances and global restructuring.
As CHatGPT popularised and received recognition in the last three years, the limitations between Microsoft and OpenAI sparked tensions between the two. The Tuesday agreement will help to generate capital and revise the computing resources that Microsoft offers.
As quoted by Reuter, Altman said, “Eventually, OpenAI would like to build a data center that can produce one new gigawatt of power per week.”
If Microsoft holds a portion of 27 per cent of stake in OpenAI, OpenAI will continue to share about 20 per cent of its revenue with Microsoft for upcoming years. Under the new structure, the non-profit OpenAI Foundation, which is focused on scientific advancement, will own 26 per cent of the for-profit and will govern the research direction.
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