The tech industry is projected to spend $200 billion on AI in 2024, with companies like Nvidia, Microsoft, Meta, and Google investing heavily. OpenAI aims to lead the AI market by developing the world's most advanced models, with some analysts predicting a winner-takes-all race in the AI market. OpenAI has partnered with Microsoft and is the technology behind Apple Intelligence, positioning the startup strongly in the market. More announcements from OpenAI are expected in the coming days.
Key takeaways:
- OpenAI has unveiled a new $200-per-month ChatGPT Pro tier for its AI chatbot, providing unlimited access to its most powerful o1 model and advanced voice mode.
- The o1 model is multimodal, capable of taking input from photos, and the new o1 Pro mode offers greater compute power for tackling difficult problems.
- OpenAI is targeting power users such as researchers, engineers, and coders who need more accurate results from the AI model.
- The tech industry is projected to spend $200 billion on AI in 2024, and OpenAI aims to lead the AI arms race by developing the world's most advanced models.