Chat-GPT: Open AI gets billions of dollars – Economy

The inventor of Chat-GPT Open AI has brought in new billions from investors. OpenAI announced that a total of $6.6 billion (€5.4 billion) has been raised in the funding round. The funds will be used, among other things, to expand computer capabilities and promote research in the field of artificial intelligence. Overall, Open AI was valued at about $150 billion in the funding round. The overall valuation of these financing rounds is based on the share of the company that investors get for their money.

OpenAI did not provide any information about who participated in the funding round. According to the financial service Bloomberg, these include financial investors such as Thrive Capital as well as Microsoft and the chip company Nvidia. According to previous media reports, Apple was also in talks with the artificial intelligence company, but withdrew. the Financial Times OpenAI has asked interested donors not to invest in competing AI companies such as tech billionaire Elon Musk's xAI company or Anthropic, in which Amazon has invested, he wrote, citing people familiar with the matter.

Training AI models and running them in massive data centers costs billions. Chat-GPT is the chatbot that created the hype around artificial intelligence in 2022. These AI programs are trained with huge amounts of information, and can formulate texts at the linguistic level of a human, write program codes, and summarize information. The principle behind this is that they estimate, word for word, how a sentence should continue.

It is still unclear whether the company can sustain itself. Open AI competes with other companies like Anthropic, as well as tech giants like Google and Facebook's Meta Group, which is developing its own models. To date, Microsoft is the most important supporter of Open AI; The company has integrated Open AI technology into its products.