Microsoft to invest in Open AI: A closer look at the company behind ChatGPT and Dall-E

Subject: Science and Technology

Context:

Microsoft is reportedly in talks to invest $10 billion into AI research powerhouse OpenAI, which could bring its valuation to $29 billion.

Details:

Recently OpenAI has launched its AI chatbot capable of producing human-like answers to user queries named ChatGPT.

OpenAI:

OpenAI is an artificial intelligence (AI) research laboratory consisting of the for-profit corporation OpenAI LP and its parent company, the non-profit OpenAI Inc.
The company conducts research in the field of AI with the stated goal of promoting and developing friendly AI in a way that benefits humanity as a whole.
The organization was founded in San Francisco in late 2015 by Sam Altman, Elon Musk,and others.
OpenAI is headquartered at the Pioneer Building in Mission District, San Francisco.
The company is no longer a non-profit and Elon Musk moved on from the company in 2018 to avoid a potential conflict of interest with Tesla.

ChatGPT:

OpenAI has created ChatGPT, an AI chatbot capable of producing human-like answers to user queries.
- It is based on the company’s GPT 3.5 series of language learning models (LLM).
- GPT stands for Generative Pre-trained Transformer 3 and this is a kind of computer language model that relies on deep learning techniques to produce human-like text based on inputs.
ChatGPT can answer follow-up questions, and can also admit its mistakes, challenge incorrect premises, and reject inappropriate requests.
Currently, it is open in beta to all users.
ChatGPT has been trained to decline ‘inappropriate’ requests, presumably those which are ‘illegal’ in nature.
ChatGPT is capable of writing fiction but not at the level of humans.
Other chatbots include Google-led LaMDA.