Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Sam Altman May Be One of the Biggest Losers of This Election

Nov 08, 2024 - gizmodo.com
The article discusses the financial struggles of OpenAI, a tech company that is reportedly set to lose $5 billion this year. Despite the popularity of its premier product, ChatGPT, most users do not pay the subscription fee, leading to significant financial losses for the company. The company's relationship with Microsoft, a major source of cash and computing power, has also deteriorated. OpenAI's attempts to pivot to government contracts have so far yielded minimal results.

The article also highlights the feud between Elon Musk and Sam Altman, the head of OpenAI. Musk, an original investor in OpenAI, has repeatedly tried to sue the company and has accused it of deviating from its original mandate to safely build artificial general intelligence (AGI). With Musk's increasing influence following the election of President Trump, the article suggests that OpenAI may face further challenges.

Key takeaways:

  • OpenAI, a tech company led by Sam Altman, is predicted to lose $5 billion this year and may end up being one of the biggest losers in Trump’s second term.
  • OpenAI's relationship with Microsoft, its main source of cash and computing power, has frayed over the past year.
  • OpenAI's rivals are partnering with other tech companies, the U.S. government, and the Pentagon, while OpenAI has only managed to sell ChatGPT licenses to NASA and the Department of Agriculture.
  • Elon Musk, an original investor in OpenAI, has a feud with Altman and has repeatedly tried to sue OpenAI, claiming that the company has deviated from its original mandate to safely build AGI.
View Full Article

Comments (0)

Be the first to comment!