According to a report from The Information, OpenAI is aiming to become a profit-making company by 2024. The company, which was founded as a non-profit in 2015, has been exploring ways to generate revenue from its AI models and technologies. One potential avenue is to charge businesses for access to its language model, GPT-3, which has been used in various applications such as chatbots and content generation. OpenAI has also been in talks with Microsoft, one of its major investors, about potential commercial opportunities. The report suggests that OpenAI’s shift towards profitability is driven by the need to fund its ongoing research and development efforts, as well as to attract and retain top talent in the highly competitive field of AI. However, this move has raised concerns about the potential impact on OpenAI’s mission to develop AI for the benefit of humanity.
Source: https://www.businessinsider.com/openai-one-step-closer-becoming-profit-company-report-2024-11