Home » today » Business » OpenAI is making progress in history. Investors are hoping for a share of the trillion-dollar piece – Seznam Správy

OpenAI is making progress in history. Investors are hoping for a share of the trillion-dollar piece – Seznam Správy

American startup producing large language models of artificial intelligence Open AI closing another round for investors and the expectation of a higher income of money. It should appear among investors, for example Microsoft at least Apple. They want to become machine learning experts, according to them Jana Romportla when OpenAI creates the first general artificial intelligence. According to foreign media, the market value of a company developing artificial AI can increase to 150 billion dollars, ie three and a half trillion crowns, the Economist said.

“The main reason for investors to bet is that they will be interested in the first true general artificial intelligence and possibly in defense technologies. If there are other incentives, I would consider them secondary schools,” he told Pro Byznys SZ.

Open AI would become the second startup in history to become a “hektakorn”, which is a hundred times larger than a “unicorn”, by surpassing $100 billion in market value. A startup deserves the nickname unicorn when it crosses a billion dollar market value. The first “hectacorn” in history was the giant rocket SpaceX Elon Musk. according to artificial intelligence expert Jan Romportl OpenAI appears to be surpassing this milestone.

“OpenAI is expected to exceed the market value of 150 billion real dollars, because it unconsciously tries to achieve the general artificial knowledge or Artificial General Intelligence, abbreviated AGI, as soon as possible . This is perhaps the most fundamental technological advance in human history compared to the time when homo sapiens mastered natural language. Therefore, the company’s huge valuation of a hundred and more billion dollars reflects exactly these expectations,” Romportl explains to Byznys SZ. This type of artificial intelligence refers to the ability of a computer system to outperform humans in any intellectual task.

According to analysts’ expectations, a lot of money is already flowing into the startup industry. Among the most frequently mentioned investors is the Japanese investment bank Softbank, which should release up to 500 million dollars, ie 11.5 billion crowns, through its Vision Fund. The same bank also owns British chipmaker Arm.

According to DNAi’s chief technology officer and artificial intelligence expert David Kadleček is the reason in this case an effort to gain a stronger position in computing infrastructure for AI.

“Since 2000, Masayoshi Son, the director of Softbank Group, has tried to merge Arm with another chip maker, the NVIDIA. Antitrust authorities in the US and the EU blocked it. One of the main factors for the sustainability of this industry is the energy consumption of data centers and computing. It is no coincidence that ARM and NVidia jointly created the NVIDIA Grace Superchip, which is expected to provide twice the performance per unit of energy consumed compared to the competition. It is suitable for building data centers and computing in the future. This is probably why NVidia and Softbank are participating in this OpenAI investment round. They want to get an important position in the field of computing infrastructure for AI,” he explained to Byznys SZ.

OpenAI also surprised the world when it launched an artificial intelligence called ChatGPT in late 2022. It answers text questions and is one of the fastest growing apps out there the history. The number of active users who talk to her at least once a week has increased to 200 million.

The price of artificial intelligence is going up

New data from the American payment company Stripe shows that startups in the special field of artificial intelligence are turning a profit faster than previous waves of software companies. AI startups took an average of 11 months to reach $1 million in annual revenue after their first sale on the Stripe platform, while the previous generation of SaaS companies needed 15 months . According to David Kadleček, the reasons are the general upheaval it causes and the potential for technological revolution.

“They’re outperforming other software companies because there’s still a lot of buzz around AI and the technology has the potential to transform humanity. AI is a new field that offers something that could only be seen a few years ago in science fiction. In addition, the startup sector is generally more innovative and has a good basis for investors’ willingness to take risks,” he explains to Byznys SZ.

Stripe, itself a $65 billion Silicon Valley player, collected annual revenue data for the top 100 private AI companies that used its payment platform from July 2018 to the same month in 2024. For comparison , it used the same number of software – starting as a service.

“The new market will be taken up by fully automated AI startups in a specific, specific vertical. Among other things, this will put a lot of pressure on jobs. Classic software companies have to face this pressure,” he says.

According to Kadleček, a greater willingness to take risks in their field also plays into the cards for companies such as OpenAI. “Startups are generally more innovative and investors willing to enter new high-risk areas. It will be very important when we reach the limit of feasibility. When they reach their peak, it is impossible to determine now,” said the expert.

2024-10-01 14:30:00
#OpenAI #making #progress #history #Investors #hoping #share #trilliondollar #piece #Seznam #Správy

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.