"OpenAI was an artificial intelligence research lab little known outside of Silicon Valley before ChatGPT debuted in November 2022. Three years later, OpenAI has become synonymous with the AI boom, making it the envy of its tech peers and thrusting CEO Sam Altman into President Donald Trump's orbit. ChatGPT writes apps, plans trips and browses the web on users' behalf. And OpenAI is making inroads into shopping, entertainment, education and government services"
"As its software spills into more areas of online life, OpenAI is shelling out billions to become a leading player in the physical infrastructure for the AI future. With its latest major investment, announced on Monday, OpenAI will invest in 6 gigawatts of data center capacity powered by AMD chips. That deal follows similar agreements with Nvidia and Oracle. In some ways, OpenAI's expansion is circular it needs new applications to bring in the money to fund its massive computing power."
OpenAI transformed from a little-known research lab into a dominant AI company after ChatGPT's November 2022 debut. ChatGPT now performs tasks such as writing apps, planning trips and browsing the web for users and has around 800 million weekly active users. OpenAI is expanding into shopping, entertainment, education and government services and aims to become a platform rather than a single app. The company is investing billions in physical infrastructure, including 6 gigawatts of AMD-powered data center capacity following deals with Nvidia and Oracle. OpenAI faces fierce competition from tech giants and concerns about a possible market bubble while remaining unprofitable and seeking sustainable revenue.
Read at www.mercurynews.com
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