AI Magazine December 2023 | Page 37

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OPENAI

Founded in 2015 as a non-profit research lab for artificial intelligence , OpenAI was co-founded by Elon Musk , Sam Altman , and others . OpenAI has since evolved and now consists of the profit-driven entity OpenAI LP and its parent organisation , the non-profit OpenAI Inc . The company is dedicated to conducting long-term research with the aim of developing safe artificial general intelligence ( AGI ).
In 2021 , OpenAI introduced the first iteration of its DALL-E , a deep learning model capable of generating digital images based on written descriptions known as ‘ prompts .’ DALL-E can also blend concepts , attributes , and styles to create unique images .
Then , in November 2022 , OpenAI unveiled ChatGPT , its conversational AI program designed for answering questions , translating text , and generating improvised written content . Within its initial five days of launching , ChatGPT garnered over a million sign-ups and projected revenues of US $ 200m for 2023 , with expectations of reaching US $ 1 billion in 2024 . aimagazine . com 37