OpenAI Launches $100 Mn Fund To Catch AI Startups Young

Exactly a year ago, OpenAI unveiled the GPT-3 with a whopping 175 billion parameters, which was made available to developers through an API in private beta. Since then, developers across the globe have been using GPT-3 to create realistic dialogues, summarise complex documents, customer service questions, and make search better than ever before. The company's decision to not open-source GPT-3 gave it more control over the use cases. However, in the recent past, there have been instances of GPT-3 going rogue, like in the case of GPT-3 Dungeon. Microsoft acquired an exclusive license to GPT-3 last year, in the wake of its $1 billion investment in OpenAI.