edited by: Shaurya Sharma
Last Update: January 13, 2023, 15:13 IST
ChatGPT last reported over one million users.
A total of $3 billion in funding from Microsoft has helped OpenAI scale the system, and facilitate ChatGPT to the public, and now, the Redmond-based tech giant is looking to invest another $10 billion.
ChatGPT is causing a significant disruption in the technology industry, and Microsoft has played a key role in this. A recent report from The New York Times revealed that since $1 billion funding to OpenAI in 2019, Microsoft has been actively supporting OpenAI – which is the parent company of ChatGPT.
According to anonymous sources, Microsoft has invested an additional $ 2 billion in the creator of ChatGPT. Funding totaling $3 billion has helped OpenAI scale the system, and facilitate ChatGPT to the public, and now, the Redmond-based tech giant is looking to To invest another $10 billion in OpenAI to challenge competitors such as Google, Amazon, and Apple.
In an interview, Eric Boyd of Microsoft’s AI team said, “The real expectation is that we’re expanding into AI, and we’re going to do that across our products.”
Based on GPT-3 and GPT-3.5, ChatGPT has the potential to disrupt areas such as digital assistants and Internet search, and Microsoft sees it as a means to enhance its wares and increase sales of Azure cloud computing.
“It is fascinating to see how these generative models are capturing the imagination,” Microsoft CEO Satya Nadella said in India, and described the present time as a golden age for the public and AI.
Aidan Gomez, founder of Foghere, the startup that built the technology for ChatGPT, said building these systems requires a supercomputer, which is rare.
As The New York Times reports, OpenAI is also developing GPT-4, a more advanced ‘Generative AI’, which may be released in the near future. GPT-4 can be a system much like ChatGPT which only generates text from text-based input but it can also generate images. Reportedly, several Microsoft employees and venture capitalists have seen it in action, but Microsoft has not commented on its future product plans.
Rival companies – Google, Meta and others – also have active AI projects – working on similar models, but are ‘reluctant’ to release them publicly because of toxic content – including misinformation, hate speech and images Includes those who may be ‘biased against women’ and people of color. In fact, Five years ago, Microsoft withdrew a chatbot named Tay after it produced racist and offensive language.
In other news, OpenAI has said it is starting to think about monetizing ChatGPT “as a way to ensure long-term viability”.
“Working on a professional version of ChatGPT; will offer higher range and faster performance, said Greg Brockman, president and co-founder of OpenAI. The monetized version of ChatGPT will be called ChatGPT Professional.
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