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OpenAI Inc
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== Competitor analysis == === DeepMind === * An artificial inteligence research company founded in the UK in 2010, and acquired by Google in 2014. It now belongs in Alphabet. * Itβs notable for developing neural networks that can imitate humans in activities such as playing video games, and computers that can mimic the short-term memory mechanism in the human brain. * It is also famous for developing AlphaZero which uses deep reinforcement learning to defeat humans and other specialised computer software such as Stockfish in games including Chess, Go and Shogi. * It has also made advances in biology by making significant advances in protein structure prediction. * It is reported that DeepMind made around $890 million in 2021, a significant improvement from $60 million in 2020 and a $650 million loss in 2019<ref>https://guce.techcrunch.com/copyConsent?sessionId=3_cc-session_7cb3f704-03d6-43cc-b699-6cc7934411a5&lang=en-US#</ref>. === Anthropic === Anthropic released Claude with partners including Notion, Quora and DuckDuckGo<ref>https://www.anthropic.com/index/introducing-claude</ref> which is a chatbot and a competitor for ChatGPT. Claude is able to summarise long pieces of text, perform creative writing and engage in conversation. It is also able to detect tone and adjust its response accordingly. It is estimated they make $15.4 million a year, which mostly comes from selling API access to Claude<ref>[https://nikolaroza.com/anthropic-ai-statistics-facts-trends-guide/#:~:text=Anthropic%27s%20estimated%20annual%20revenue%20is,popular%20website%20on%20the%20internet. https://nikolaroza.com/anthropic-ai-statistics-facts-trends-guide/#:~:text=Anthropic%27s%20estimated%20annual%20revenue%20is,popular%20website%20on%20the%20internet.]</ref>. In late 2023, Google invested $300 milliion in Anthropic which lead to Google owning 10% stake in the company. === Cohere === * Cohere has many products working with text including summarisation, generation and classification, similar to the abilities ChatGPT and Claude possess. * The main target of Cohere are enterprise users therefore they focus on high-performance, secure and reliable language models. They have currently raised $170 million and once it reaches $6 billion valuation additional funding would be obtained. It is estimated that Cohere made $2.3 million in 2021<ref>https://aisupremacy.substack.com/p/the-top-six-rivals-competing-with</ref>.
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