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Exclusive: ChatGPT owner OpenAI projects $1 billion in revenue by 2024

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Dec 15 (Reuters) - ChatGPT, the new chatbot that is the talk of Silicon Valley, can spit out haikus, crack jokes in Italian and may soon be the scourge of teachers everywhere facing fake essays generated by the AI-powered technology. But a question it can't fully answer is this: How will OpenAI make money? The research organization, co-founded by Elon Musk and investor Sam Altman and backed by $1 billion in funding from Microsoft Corp (MSFT.O), is expecting its business to surge. Three sources briefed on OpenAI's recent pitch to investors said the organization expects $200 million in revenue next year and $1 billion by 2024. The forecast, first reported by Reuters, represents how some in Silicon Valley are betting the underlying technology will go far beyond splashy and sometimes flawed public demos.


We tested the latest AI โ€“ and here's why you should be worried

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It will disappoint fans of The Terminator, but the AI revolution is coming not in the form of killer robots or dystopian autocracies, but chat bots. We were told it would mean the apocalypse. So far it looks a lot like customer service, albeit much better than usual. The latest revolution in public-facing artificial intelligence is ChatGPT, a piece of software designed by OpenAI, a California-based research company. GPT is short for Generative Pre-trained Transformer.


OpenAI is Adding Watermark to GPT: No More Plagiarizing

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For the last few weeks, GPT-3, ChatGPT, and InstructGPT have taken the internet by storm. The large-language models (LLM) and transformer language models (TLM) have made great progress in "creating" AI-generated codes (OpenAI Codex), AI-generated texts (OpenAI GPT, ChatGPT, InstructGPT), AI-generated images (OpenAI DALL-E), and even AI-generated AI models (Not yet! These models have been generating human-like outputs that are indistinguishable from real human output. GPT (or any other LLM) can be used to create human-like bots on social networks. These bots can be tuned to generate biased texts that can elicit expected responses from real humans.


Thanks to Artificial Intelligence, is the writing on the wall for the creative professions?

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Writers, designers, and artists are not exactly enamoured by the rapid developments in AI'creativity'. Within the space of a couple of years, AI-powered generators have evolved from complex research tools into free-for-all search engines of the unknown. Image by DALLยทE, prompt: 'Wallpaper* Magazine Technology' AI is effectively a mirror, sifting through the vast database of human creativity and cannily blending a bit of this and that in order to return a visual representation approaching or transcending that which we'd imagined, or maybe a chunk of text that hopefully organises a coherent set of thoughts. It comes with inbuilt biases gleaned from the source material and still suffers the occasional baffling but telling lapse of judgement or coherence. Image by DALLยทE, prompt: 'Wallpaper* Magazine' It took about ten seconds for ChatGPT to turn a 14-word prompt ('Write an article about artificial intelligence and imagery in the style of Wallpaper* magazine') into a 300-word'article', coherent and credible enough to pass muster for anyone skimming the site for a primer on the topic or a bit of background.


How OpenAI Ruined My Homework Assignment but Helps Coders - The New Stack

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OpenAI has ruined my favorite assignment from when I was (briefly) a high school English teacher: Come up with a two-sentence horror story. All you really need to do the assignment is a topic and an idea of what's frightening. It seems soโ€ฆ human and creative, and yet, OpenAI does it better than most of my high school students ever did. What does OpenAI, which launched ChatGPT to much fanfare last week, offer developers? I fell down a rabbit hole exploring the private artificial intelligence company's playground options.


3 Ways to Tame ChatGPT

WIRED

This year, we've seen the introduction of powerful generative AI systems that have the ability to create images and text on demand. At the same time, regulators are on the move. Europe is in the middle of finalizing its AI regulation (the AI Act), which aims to put strict rules on high-risk AI systems. Canada, the UK, the US, and China have all introduced their own approaches to regulating high-impact AI. But general-purpose AI seems to be an afterthought rather than the core focus.


OpenAI founder warns against ChatGPT use for important matters

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OpenAI co-founder Sam Altman warns against using ChatGPT for important topics. Even faster and more intense than image generators, AI technology has reached the mainstream through ChatGPT. On Twitter, #ChatGPT is trending, and countless small and large media are reporting on the sometimes startling answers and texts of OpenAI's latest text model. The enormous response proves above all: training with human feedback works. The fact that ChatGPT is so well received probably has less to do with the output text or code, which is qualitatively on par with what GPT-3.5 has been producing since early 2022 and GPT-3 since 2020.


Meet Ghostwriter, a haunted AI-powered typewriter that talks to you

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On Wednesday, a designer and engineer named Arvind Sanjeev revealed his process for creating Ghostwriter, a one-of-a-kind repurposed Brother typewriter that uses AI to chat with a person typing on the keyboard. The "ghost" inside the machine comes from OpenAI's GPT-3, a large language model that powers ChatGPT. The effect resembles a phantom conversing through the machine. To create Ghostwriter, Sanjeev took apart an electric Brother AX-325 typewriter from the 1990s and reverse-engineered its keyboard signals, then fed them through an Arduino, a low-cost microcontroller that is popular with hobbyists. The Arduino then sends signals to a Raspberry Pi that acts as a network interface to OpenAI's GPT-3 API.


La veille de la cybersรฉcuritรฉ

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If you found this blog by searching online, artificial intelligence brought you here. AI, as it's universally known, is all around us from online virtual assistants to systems that tell farmers when to sow and reap their crops. But there's a new tech kid in town: an AI tool that cannot only hold a human-like conversation with you but will admit its mistakes, correct your false assumptions and, maybe even one day, write articles like this one? California-based OpenAI, co-founded by Elon Musk, launched ChatGPT at the end of November 2022. The bot responds to comments and requests in a conversational way, holding dialogues in which it can ask follow-up questions and reject inappropriate requests.


OpenAI is developing a watermark to identify work

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A cryptographic tool inserts a detectable signature in the words produced by OpenAI's text-generating artificial intelligence models. Artificial intelligence firm OpenAI is developing a way to prevent people taking text that AI models produce and passing it off as their own work. The watermark-like security feature could help teachers and academics spot students who are using text generators such as OpenAI's GPT to write essays for them, but cryptography experts say workarounds will inevitably be found.