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Saturday, January 14, 2023

OpenAI Blooms

Worth a look, still have my doubts except for specialized applications.     We did much in this area I would like to re-try with ChatGBT,  Worth the experiment.  Data and buy in for customer experiments now less available. 

 OpenAI Booms, Even Amid Tech Gloom

The New York Times

Erin Griffith; Cade Metz, January 7, 2023

OpenAI, whose ChatGPT has seen over 1 million users since its release, is in talks to complete a potential deal in which $300 million in existing company shares would be sold in a tender offer. Amid the hype over generative artificial intelligence (AI) tools like ChatGPT, sources say the deal would value OpenAI at about $29 billion, more than double its 2021 valuation. Despite a dismal year for the tech industry in 2022 that involved mass layoffs and other cuts, tech investors are excited about generative AI. PitchBook reported generative AI companies received at least $1.37 billion from investors in 78 deals last year, an amount nearly equal to investments made in the previous five years combined. ...  ' 

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