The Untold Story of OpenAI – Microsoft's Takeover
This is the story of how Microsoft overtook what was once a non-profit company for humanity and turned it into a for-profit company doing Microsoft's bidding to get them ahead in the AI race.
In 2015, a non-profit company called OpenAI was founded by world-class research engineers and scientists, and funded by a group of the biggest names in Silicon Valley, who collectively donated $1B.
They are the AI research and deployment company behind a couple products that you’ve probably heard of, like DALL-E-2 and ChatGPT.
When founded, they had one goal in mind: to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.
But earlier this year on January 23, 2023, OpenAI accepted a $10B investment from Microsoft, on top of Microsoft’s previous investment of $1 Billion dollars in 2019, making Microsoft a reported 49% stakeholder, receiving 75% of OpenAI’s profits until it secures its investment return.
At face value, it looks like any other investment into a budding, thriving company. But is it? Because just after Microsoft’s initial investment in 2019, OpenAI legally restructured from a non-profit company to a “capped” for-profit company, with ongoing collaborations exclusively with Microsoft.
So, how did we get here? Why did OpenAI go from a non-profit for humanity to a for-profit that's heavily intertwined with Microsoft? And what has OpenAI accomplished?
Well in this video, that’s exactly what I’m going to talk about, and a whole lot more. From the founders, to the technological research and achievements, the products and funding, and how their mission has shifted overtime.
This is The Untold Story of OpenAI.
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Open Source Computer Science Degree: https://bit.ly/open-source-forrest
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Udacity to Learn Any Coding Skill: http://bit.ly/udacity-forrest
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My Main Monitor: https://amzn.to/3siQfPa
My Second Monitor: https://amzn.to/3keHT84
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My AI GPU: https://amzn.to/3uvmUmz
This is the story of how Microsoft overtook what was once a non-profit company for humanity and turned it into a for-profit company doing Microsoft’s bidding to get them ahead in the AI race.
In 2015, a non-profit company called OpenAI was founded by world-class research engineers and scientists, and funded by a group of the biggest names in Silicon Valley, who collectively donated $1B.
They are the AI research and deployment company behind a couple products that you’ve probably heard of, like DALL-E-2 and ChatGPT.
When founded, they had one goal in mind: to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.
But earlier this year on January 23, 2023, OpenAI accepted a $10B investment from Microsoft, on top of Microsoft’s previous investment of $1 Billion dollars in 2019, making Microsoft a reported 49% stakeholder, receiving 75% of OpenAI’s profits until it secures its investment return.
At face value, it looks like any other investment into a budding, thriving company. But is it? Because just after Microsoft’s initial investment in 2019, OpenAI legally restructured from a non-profit company to a “capped” for-profit company, with ongoing collaborations exclusively with Microsoft.
So, how did we get here? Why did OpenAI go from a non-profit for humanity to a for-profit that’s heavily intertwined with Microsoft? And what has OpenAI accomplished?
Well in this video, that’s exactly what I’m going to talk about, and a whole lot more. From the founders, to the technological research and achievements, the products and funding, and how their mission has shifted overtime.
This is The Untold Story of OpenAI.
————————
🐱🚀 GitHub: https://github.com/forrestknight
🐦 Twitter: https://www.twitter.com/forrestpknight
💼 LinkedIn: https://www.linkedin.com/in/forrestpknight
📸 Instagram: https://www.instagram.com/forrestpknight
📓 Learning Resources:
My Favorite Machine Learning Course: https://imp.i384100.net/YgYEBJ
Open Source Computer Science Degree: https://bit.ly/open-source-forrest
Python Open Source Computer Science Degree: https://bit.ly/python-open-source
Udacity to Learn Any Coding Skill: http://bit.ly/udacity-forrest
👨💻 My Coding Gear:
My NAS Server: https://amzn.to/3brqO7b
My Hard Drives: https://amzn.to/3aKetMi
My Main Monitor: https://amzn.to/3siQfPa
My Second Monitor: https://amzn.to/3keHT84
My Standing Desk: https://amzn.to/3boAcbC
My PC Build: https://bit.ly/my-coding-gear
My AI GPU: https://amzn.to/3uvmUmz
