Futa chatbot8/18/2023 Google also got in on the act with its Bard chatbot, some of China's biggest tech companies entered the race, while Musk - who left OpenAI in 2018 due to a conflict of interest with Tesla's work on self-driving AI - has said he wants to launch his own one too.Īll the while, OpenAI's technology is also improving - an upgrade dubbed GPT-4 within months of ChatGPT's release showing just how quickly these models can develop.It was a positive payback time of sorts on Saturday May 13 for Professor Peter Adebayo Aborisade who formally retires from the service of the Federal University of Technology Akure, FUTA at age of 70. Suddenly the concept of a large language model (meaning it is trained on huge amounts of text data so that it can understand our requests and respond accordingly) became something of a mainstream buzz term, its popularity seeing Microsoft invest extra cash into OpenAI and bring the tech to its Bing search engine and Office apps. Microsoft boss Satya Nadella has described Altman as an "unbelievable entrepreneur" who bets big and bets right, which OpenAI's success makes hard to argue with.ĬhatGPT amassed tens of millions of users within weeks of launching in late 2022, wowing experts and casual observers alike with its ability to pass the world's toughest exams, get through job applications, compose anything from political speeches to children's homework, and write its own computer code. Under his tenure, OpenAI has ceased to be a non-profit and now has an estimated value of up to $29bn (£23bn), all thanks to the remarkable success of its generative AI tools - ChatGPT for text and DALL-E for images. So far, mission accomplished - but if Altman's to be believed, the risk since has become very real indeed. It was run as a non-profit with the noble goal of developing AI while making sure it doesn't wipe out humanity. He launched the company with a certain Elon Musk (who only ran SpaceX and Tesla at the time) in 2015, the two men providing funding alongside the likes of Amazon and Microsoft, totalling $1bn (£800m). As if he wasn't busy enough, Altman also ran Reddit for a grand total of eight days amid a leadership shake-up in 2014, describing his tenure as "sort of fun". He also founded his own venture capital fund called Hydrazine Capital, attracting enough investment to be named on the Forbes 30 Under 30 list for venture capital. Some $30m (£24m) was raised to launch the company, aided by funding from a start-up accelerator firm called Y Combinator, which lists the likes of Airbnb and Twitch among the internet companies it has helped establish.Īltman became president of Y Combinator itself in 2014, after the sale of Loopt for $44m (£35m) in 2012. His first post-university venture was a smartphone app called Loopt, which let users selectively share their real-time location with other people. Abandoning a precious spot at one of America's top universities seemed such a rite of passage for the country's leading tech entrepreneurs that it played right into the success story of the now disgraced Elizabeth Holmes, whose departure from Stanford to gatecrash Silicon Valley led to a wave of media attention not dissimilar to that currently given to Altman.
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