There is a new date of January 5, 2023.
According to the Wall Street Journal, the artificial intelligence company behind the popular chat program is in talks to sell its shares to the highest bidder.
There is a logo on a screen with a website on a mobile device. The photo was taken by Jonathan Raa.
Two venture capital firms are in talks to buy hundreds of millions of dollars in shares.
According to the Journal, the deal would more than double the value of the company's shares.
Many of the shares of Openai could be purchased by employees.
The report was not confirmed or commented upon by Openai.
Since the company only expects to make about $80 million in revenue in 2022, the valuation seems very bullish on the company's future ability to make money. According to reports, Openai has told investors that it will increase its revenue to $1 billion by the year 2024.
The ability to mimic human conversation and provide detailed responses quickly gained popularity as a result of the launch of the new service. Within a week of its launch, the program attracted a million signed up users who are able to use it for free. DALL-E 2 is one of the products launched by Openai. Microsoft invested $1 billion in Openai, and is hoping to integrate the software with its Bing search engine to drive traffic away from Google. According to the Journal, Microsoft is talking about increasing its investment stake.
Giving incorrect answers and repeating the same phrases have been some of the issues faced by the company. Meta's BlenderBot 3, which was released in August but quickly adopted racist and antisemitic language while claiming former President Donald Trump won the 2020 election, seems to have been more successful than the chatbot so far.
The Wall Street Journal reported that the creator is in talks about a tender offer that would value the company at $29 billion.
Here's what you need to know about openai's chatg pt.
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