{"id":151864,"date":"2024-10-30T21:16:19","date_gmt":"2024-10-30T20:16:19","guid":{"rendered":"https:\/\/luxus-plus.com\/luxus-magazine-cascading-departures-questions-about-security-change-of-status-what-does-the-future-hold-for-openai\/"},"modified":"2024-10-30T21:17:36","modified_gmt":"2024-10-30T20:17:36","slug":"luxus-magazine-cascading-departures-questions-about-security-change-of-status-what-does-the-future-hold-for-openai","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/luxus-magazine-cascading-departures-questions-about-security-change-of-status-what-does-the-future-hold-for-openai\/","title":{"rendered":"[Luxus Magazine] Cascading departures, questions about security, change of status: what does the future hold for OpenAI?"},"content":{"rendered":"<h4>OpenAi, Silicon Valley&#8217;s tech giant and standard-bearer for generative artificial intelligence, is facing a turning point in its history. Originally conceived as a not-for-profit project, Sam Altman&#8217;s company is succumbing for good to the commercial siren calls, to the point of leading to an unprecedented wave of departures and a questioning of the ethics of its development.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>Following its <b><strong>latest fund-raising round<\/strong><\/b> of<b><strong> $6.6 billion<\/strong><\/b> in early October, OpenAI, parent company of the highly publicized ChatGPT and Dall-E, has seen its <b><strong>valuation double<\/strong><\/b> to<b><strong> $157 billion<\/strong><\/b>.<\/p>\n<p>&nbsp;<\/p>\n<p>Behind this new record, led by Thrive Capital, all would be well in the best of worlds for the company, which has grown from 750 to 1,700 employees&#8230; if this <b><strong>capital increase<\/strong><\/b> wasn&#8217;t <b><strong>overshadowed by the cascade of departures of its most eminent executives, worried about the adoption of commercial status by Sam Altman&#8217;s company.<\/strong><\/b><\/p>\n<p>&nbsp;<\/p>\n<p>Indeed, it seems that <b><strong>Microsoft, OpenAI&#8217;s main backer<\/strong><\/b>, which <b><strong>has already invested some $13 million<\/strong><\/b> in the tech company, is keen to make its investments profitable.<\/p>\n<p>&nbsp;<\/p>\n<h2>A questionable change of status<\/h2>\n<h2><\/h2>\n<p>Following its fund-raising, <b><strong>OpenAI<\/strong><\/b> finds itself <b><strong>valued at<\/strong><\/b> $157 billion, or <b><strong>40 times its reported sales<\/strong><\/b>. The New York Times reported<b><strong> monthly revenues of $300 million in August<\/strong><\/b>. The Californian AI nugget anticipates<b><strong> annual sales of around<\/strong><\/b> $3<b><strong>.7 billion by 2024, and $11.6 billion next year.<\/strong><\/b><\/p>\n<p>&nbsp;<\/p>\n<p><b><strong>This recent funding may actually be contingent on the company becoming a for-profit entity.<\/strong><\/b> Indeed, <b><strong>since its creation at the end of 2015 in San Franscisco, OpenAI has been broken down into two structures<\/strong><\/b>: <b><strong>a non-profit association<\/strong><\/b> whose purpose was to ensure secure, beneficial AI for all, on the one hand, <b><strong>and a capped for-profit subsidiary<\/strong><\/b> poised to hold a majority stake.<\/p>\n<p>&nbsp;<\/p>\n<p>However, this <b><strong>change<\/strong><\/b> is<b><strong> not without consequences for the nature of the developments carried out, the speed of product launches and, above all, the implementation of security measures.<\/strong><\/b><\/p>\n<p>&nbsp;<\/p>\n<p>On its blog, OpenAI states that <b><strong>this round of funding should enable the company to develop general-purpose AI (as intelligent as humans).<\/strong><\/b><\/p>\n<p>&nbsp;<\/p>\n<p><b><strong>But at the same time, the company is still not profitable, posting a $5 billion loss this year<\/strong><\/b> according to the New York Times.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/magazine.luxus-plus.com\/en\/a-succession-of-departures-questions-about-security-a-change-of-status-what-does-the-future-hold-for-openai\/\">Click here to read the entire article<\/a> on Luxus Magazine<\/p>\n<p>Featured Photo: \u00a9 Unsplash<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenAi, Silicon Valley&#8217;s tech giant and standard-bearer for generative artificial intelligence, is facing a turning point in its history. Originally conceived as a not-for-profit project, Sam Altman&#8217;s company is succumbing for good to the commercial siren calls, to the point of leading to an unprecedented wave of departures and a questioning of the ethics of its development.<\/p>\n","protected":false},"author":507,"featured_media":151858,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Despite a recent record-breaking fund-raising round, the future of ChatGPT's parent company, OpenAI, remains uncertain.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"both","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[22488],"tags":[23969,24191,23002],"class_list":["post-151864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle-en","tag-artificial-intelligence","tag-luxus-plus-mag-en-2","tag-tech-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/151864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/507"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=151864"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/151864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/151858"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=151864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=151864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=151864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}