Highlighting recent advancements in AI
At the time of writing, OpenAI LP, the organization that created ChatGPT has been valued at $29 billion based on its latest round of funding. OpenAI LP is a for-profit AI research company created by OpenAI, a non-profit company founded in 2015 with the “stated goal of promoting and developing friendly AI in a way that benefits humanity as a whole” (https://en.wikipedia.org/wiki/OpenAI).
The developed model was built on top of the popular GPT-3.5 language model family and leverages both supervised learning and reinforcement learning for its model refinement, which is continuously evolving. Microsoft has invested over $1 billion and has pledged to invest another $10 billion in the next round. Microsoft, along with many other influential technology companies and executives, makes up the majority of the ownership of OpenAI LP. This is with very little revenue being recognized compared to its valuation, but simply a light demonstration...