'OpenAI delays launch of custom GPT store until early 2024' -Axios Report
Portfolio Pulse from Benzinga Newsdesk
OpenAI has postponed the launch of its custom GPT store until early 2024, according to an Axios report. The store was initially expected to be available sooner, but the delay indicates a shift in OpenAI's timeline for rolling out this service. The custom GPT store is anticipated to allow developers to create and sell their own AI models. Microsoft (MSFT), which has invested in OpenAI, may be affected by this news as it has been closely associated with OpenAI's developments.
December 01, 2023 | 7:11 pm
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Microsoft, as an investor in OpenAI, may experience indirect effects due to the delay in the launch of OpenAI's custom GPT store. The delay could impact Microsoft's timeline for integrating OpenAI's advancements into its own products and services.
While the delay is specific to OpenAI, Microsoft's investment and partnership with OpenAI suggest that any significant shifts in OpenAI's product timeline could have a ripple effect on Microsoft's AI strategy. However, the impact is not direct and the extent of the effect on Microsoft's stock price in the short term is uncertain, hence a neutral score is given.
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