Lab that created ChatGPT was founded not for profit and could be worth $29 billion

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ChatGPT creator could be worth $29 billion

The OpenAI artificial intelligence lab, creator of the ChatGPT sensation, is in talks to sell shares in an offer that would value the company at around $29 billion (R$ 156 billion), published the Wall Street Journal this Thursday.

The negotiation is being handled by funds Thrive Capital and Founders Fund, which are expected to buy shares of current employees, reported the newspaper. The offer would double the startup’s market cap from 2021, when it was valued at $14 billion.

What is ChatGPT: the chatbot works like a search tool, but it creates poems, reports and other types of texts based on simple user commands.

• Launched at the end of November, the tool achieved 1 million of users days after it went live, said Sam Altman, CEO of the company.

• Want to test? The tool is free, just enter this link and register.

OpenAI has also developed the DALL-E, which generates realistic images from text description. It was founded in 2015 as a non-profit with the support of Elon Musk and Reid Hoffman, co-founder of LinkedIn.

• In 2019, it created a business arm to sell its artificial intelligence tools to developers.

Partnership with Microsoft: big tech american invested $1 billion in 2019 to prioritize the use of OpenAI technology in the Bing search engine and the Microsoft Design app.

What’s New on Day 1 of CES

The largest technology fair in the world, which takes place every year in Las Vegas, brings together the major industries in the sector and always brings some interesting news and other very bizarre ones.

This year’s CES, which started this Thursday (5), was no different. See some of the highlights:

tech pillows

• A South Korean company introduced an “anti-snoring” pillow. It comes with a microphone that detects noise and activates air pockets that change size to gently rotate the sleeper’s head into a position that facilitates peaceful breathing.

• A pillow that “breathes” also comes from Asia, shows the Washington Post. A Japanese company has created a system that makes the cushion subtly expand and subtract, to give the impression that you are hugging another person.

Private who analyzes urine

• To say goodbye to urine tests. A disk inserted in the toilet is equipped with cartridges that allow measuring nutritional indicators, such as hydration, PH or vitamin C levels. Another version allows controlling the woman’s hormonal cycle.

digital clones

• Technology from a French company uses data from X-rays and other medical tests to create holograms of patients and help surgeons accurately plan an operation, reducing time and risk.

party fridge

• LG presented a refrigerator that changes color and comes with a speaker to be connected to the cell phone. To give even more shine to the party, there is an option that makes the appliance change color according to the rhythm of the music.

• Prefer a more useful function? Refrigerator panels will flash to let you know that the doors are not fully closed.

take a break

• To watch: “Bernie Madoff: The Wall Street Hustler” – on Netflix

Perhaps you’ve heard of Bernie Madoff. He was responsible for what is considered the largest financial pyramid scheme in history, in a coup that went from $50 billion.

• His story is now being told by Netflix, which this week released a four-episode documentary about the tycoon.

• Another option is the movie “Wizard of Lies”on HBO Max, in which Robert de Niro plays the tycoon who died in jail in 2021, aged 82, where he was serving a sentence of 150 years.

Remember: The scam started back in the 1970s, and even survived a severe recession in the early 1990s, a global financial crisis in 1998, and the technology bubble at the turn of the millennium.

• The pyramid started with family and friends, but soon escalated to Manhattan’s wealthy and reached about 37,000 people in 136 countries over four decades, according to CNBC.

• The collapse came in the subprime crisis, in 2008, when the funds withdrew their resources from Madoff’s accounts to offset other losses, and the American was left with no balance to continue honoring the promised high returns.

• The miniseries shows that the losses generated by Madoff’s coup were not just financial and ended up destroying several families – including yours.

In addition to economics: