ChatGPT, the new chatbot that is the talk of Silicon Valley, can spit out haikus, crack jokes in Italian and may soon be the scourge of teachers everywhere facing fake essays generated by the AI-powered technology.
The research organization, co-founded by Elon Musk and investor Sam Altman and backed by $1 billion in funding from Microsoft Corp., is expecting its business to surge.
A spokesperson for OpenAI declined to comment on its financials and strategy. The company, which started releasing commercial products in 2020, has said its mission remains advancing AI safely for humanity. Some investors expressed skepticism. Certain large venture-capital firms passed on backing OpenAI this year, questioning if it could justify a higher valuation or compete with rivals like Alphabet Inc-owned Google, sources familiar with its fundraise attempt who did not invest said.
The potential to generate flawed answers is one reason why a big player like Google has guarded public access closely, concerned that chatbots could harm users and damage its reputation. Google declined to comment.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ChatGPT owner OpenAI projects $1 billion in revenue by 2024 – sourcesChatGPT, an AI-powered program that can answer text prompts like a human, has seen usage grow, encouraging its owner OpenAI to think about monetization.
Read more »
Amihan to bring rains over Cagayan Valley, Aurora, northern QuezonThe northeast monsoon or amihan will bring rains over parts of Northern Luzon on Friday, PAGASA reported.
Read more »
Upson income up 68% in January-September - BusinessMirrorUpson International Corp., a retailer of personal computers and information technology products, said its net income for the three quarters of the year rose 68 percent to P400.23 million from the previous year’s P237.38 million. Upson, which has combined network of more than 200 branches nationwide, with their retail brands Octagon, Micro Valley, Gadget King,
Read more »
Nico Bolzico teases birth of 2nd baby with Solenn HeussaffHe also jokes that the baby's second name is Lionel, after the Argentinian football player
Read more »
ChatGPT owner OpenAI projects $1 billion in revenue by 2024 – sourcesChatGPT, an AI-powered program that can answer text prompts like a human, has seen usage grow, encouraging its owner OpenAI to think about monetization.
Read more »
ICTSI says Mexico subsidiary undertakes expansion project - BusinessWorld OnlineLISTED ports operator International Container Terminal Services, Inc. (ICTSI) on Thursday said its subsidiary in Mexico recently started its third phase expansion project. The project is expected to boost ICTSI-Contecon Manzanillo’s (CMSA) capacity to two million twenty-foot equivalent units (TEUs) from 1.4 million within the next five years, the company said in an e-mailed statement. […]
Read more »