OpenAI CEO Sam Altman recently pointed this out. AGI may be closer than expected.claiming to be the benchmark. Achievable with existing hardware. Despite security concerns expressed by users, executives say they won’t be tested in an AGI moment like Milestone. Getting away with surprisingly little social impact.
More recently, forecasting by AGI ChatGPT and Copilot unanimously ranked OpenAI as the top contender for the crown. Partly because of its Microsoft tie-up and early lead in the AI landscape. Interestingly, there appear to be different definitions of what AGI means, with the most common version stating that it is an AI system that surpasses human cognitive abilities in a wide range of tasks.
But what does the coveted milestone mean for Microsoft and OpenAI? According to a leaked document obtained exclusively. InformationMicrosoft and OpenAI signed an agreement in 2023 stating that ChatGPT maker AGI would beat the benchmark only if it developed an AI system that generated $100 billion in revenue. can
Read more: Sam Altman says AGI is becoming a “less useful term” with o1.
It looks like a continuum because OpenAI was on the verge of bankruptcy.With estimates of $5 billion in losses over the next few months. After raising $6.6 billion in a round of funding from key investors including Microsoft, NVIDIA, SoftBank, and Thrive Capita, the firm was able to continue operations. pushing its market cap past $157 billion..
For context, OpenAI spends $7 billion on training its AI models and an additional $1.5 billion on staffing while generating $3.5 billion in revenue. Perhaps more concerning, a report suggested that the creator of ChatGPT could. Sustained a huge loss of $44 billion before seeing a profit in 202,9. Partly because of the Microsoft tie-up.
This likely explains the recent introduction of OpenAI’s $200 subscription plan (Chat GPT Pro) with unlimited access to OpenAI o1, GPT-4o, and Advanced Voice Mode. Furthermore, OpenAI can Increase the subscription fee for its next-generation AI models. Up to $2,000 per month.
Elsewhere, the pressure is on for an AI firm to turn into a profitable enterprise following a hefty investment from investors during its recent funding round. Failure to meet this threshold can open a can of worms for the company, including External interference and hostile takeover.
Market analysts have predicted. Microsoft may acquire OpenAI in next 3 years.attributing their speculation to the end of the AI hype, prompting investors to shift their resources to other ventures. Interestingly, OpenAI has a technical employee claim. The firm may have already earned AGI. The following Release of its o1 reasoning model for wider availability.
Could this be the reason the company is allegedly working? Abolish a strict AGI clause that could sever its partnership with Microsoft.? If OpenAI’s tech bromance with Microsoft ends, it may not have enough funding for its latest AI advances and computing power. It will be interesting to see how the creator of ChatGPT will sift through the enormous costs of building and developing the AI and still make a profit of up to $100 billion.