According to the Financial Times, OpenAI plans to obtain further financial support from its largest investor, Microsoft, in order to achieve the vision described by its CEO, Sam Altman, of creating computer software that is “as intelligent as humans”.
Sam Altman stated in an interview that his company’s partnership with Microsoft is “operating very well” and he “expects to raise more funds from this technology giant and other investors over time” to keep up with Microsoft’s development pace and create more complex artificial intelligence models.OpenAI
According to insiders, Microsoft invested $10 billion in OpenAI earlier this year (IT Home note: currently approximately 73 billion RMB), as part of a “multi-year” agreement that raised the valuation of the San Francisco based company to $29 billion (currently approximately 211.7 billion RMB).
When asked if Microsoft would continue to invest, he said, “I hope so.” “There is still a long way to go, and there is still a lot of computing power to be built between now and AGI… training costs are very high.
Altman revealed that “revenue growth has been very good this year,” but he did not provide financial details, only stating that the company is still in a loss state due to training costs. He also mentioned that Microsoft’s partnership will ensure that ‘we all benefit from each other’s success and everyone is happy’.