OpenAI To Develop Superintelligent GPT-5, Seeks More Money From Microsoft
Portfolio Pulse from Anusuya Lahiri
OpenAI is seeking additional funding from Microsoft Corp (NASDAQ:MSFT) to pursue its artificial general intelligence (AGI) goals. Despite revenue growth, OpenAI remains unprofitable due to high training costs for AI models. Microsoft's previous investment in OpenAI was $10 billion, valuing the company at $29 billion. OpenAI is developing GPT-5 and enhancing its AI tools, with plans to generate over $1 billion in revenue in the next year. The company uses Nvidia's H100 chips but faces competition from Alphabet Inc (NASDAQ: GOOG, GOOGL) and Advanced Micro Devices, Inc (NASDAQ: AMD), who are developing rival chips.
November 13, 2023 | 5:06 pm
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Advanced Micro Devices, Inc is poised to introduce rival chips to Nvidia's H100, used by OpenAI, potentially increasing competition in the AI chip market.
AMD's development of new AI chips could intensify competition with Nvidia and impact the AI hardware landscape. The short-term impact on AMD's stock is not clear-cut due to the competitive and rapidly evolving nature of the market.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Alphabet Inc's Google is developing rival chips to Nvidia's H100, which OpenAI currently uses, indicating potential competition in the AI hardware market.
Google's entry into the AI chip market could create competition for Nvidia, potentially affecting the dynamics of the AI hardware sector. However, the direct impact on Google's stock is uncertain in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Alphabet Inc's Google is developing rival chips to Nvidia's H100, which OpenAI currently uses, indicating potential competition in the AI hardware market.
Google's entry into the AI chip market could create competition for Nvidia, potentially affecting the dynamics of the AI hardware sector. However, the direct impact on Google's stock is uncertain in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Microsoft Corp may increase its investment in OpenAI, which could enhance its position in the AI sector and potentially lead to future profitability through their partnership.
Microsoft's potential increased investment in OpenAI indicates a deepening partnership that could lead to significant advancements in AI, benefiting Microsoft's long-term strategic position in the technology sector.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80