Editing OpenAI Inc
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 175: | Line 175: | ||
The general public might be hesitant to use technology which incorporates a significant amount of AI. There might be a general resistance from the consumers which needs to be overcome and acquiring consumer's trust and resolving any misconceptions or concerns will take some time. | The general public might be hesitant to use technology which incorporates a significant amount of AI. There might be a general resistance from the consumers which needs to be overcome and acquiring consumer's trust and resolving any misconceptions or concerns will take some time. | ||
== Deal Rational == | |||
== Deal | |||
As of the writing of this report no financial data has been made available to the general public. The only indication of OpenAI's value is the investment size made to OpenAI by various Venture Capital firms (including Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global) and large technology conglomerates (including Microsoft). The venture capital firms have invested just over $300 million and Microsoft has invested $10 billion. This gives OpenAI a valuation of $28 billion dollars. The venture capital firm's aims seem transparent enough however, microsoft's investment in OpenAI is much more nuanced (explored more in the next section).<ref>https://techcrunch.com/2023/04/28/openai-funding-valuation-chatgpt/</ref> | As of the writing of this report no financial data has been made available to the general public. The only indication of OpenAI's value is the investment size made to OpenAI by various Venture Capital firms (including Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global) and large technology conglomerates (including Microsoft). The venture capital firms have invested just over $300 million and Microsoft has invested $10 billion. This gives OpenAI a valuation of $28 billion dollars. The venture capital firm's aims seem transparent enough however, microsoft's investment in OpenAI is much more nuanced (explored more in the next section).<ref>https://techcrunch.com/2023/04/28/openai-funding-valuation-chatgpt/</ref> | ||
'''Microsoft's Investment | '''Microsoft's Investment Rational''' | ||
* To supercharge its supercomputing division through vertical integration. | * To supercharge its supercomputing division through vertical integration. |