Cnbc
@cnbc·4.2M subscribers·16.1K videos
Why ChatGPT Turned OpenAI Into A $80 Billion AI Leader
Posted
August 10, 2024
Views
181,640
Likes
2,793
Comments
205
Engagement
1.65%
August 10, 2024
181,640
2,793
205
1.65%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
The company behind the popular artificial intelligence chatbot, ChatGPT, OpenAI was founded as a nonprofit in 2015 by a number of researchers, academics and entrepreneurs including Sam Altman, Greg Brochman and Elon Musk. Musk left OpenAI in 2018 and now has his own artificial intelligence company called xAI.
In its early years, OpenAI flew somewhat under the radar, at least from the point of view of the general public. The company released its first project in 2016, a toolkit called “OpenAI Gym” used for developing and comparing reinforcement learning algorithms. That same year, OpenAI also released Universe, a tool to train intelligent agents on websites and gaming platforms. But the release of ChatGPT in 2022 is what propelled the company to stardom. Today, OpenAI is valued at over $80 billion and counts Microsoft, which has invested around $13 billion into OpenAI since 2019, as a major supporter and partner. But OpenAI’s wild success has also raised concerns from regulators and experts who question the outsized power that artificial intelligence companies and Big Tech could have on our society as well as the toll that the technology could take on our power grid.
Chapters:
Produced and edited by: Magdalena Petrova
Animation: Christina Locopo, Emily Rabbideau, Jason Reginato
Camera: Kaan Oguz
Supervising Producer: Jeniece Pettitt
Additional Footage: Getty Images
» Subscribe to CNBC
» Subscribe to CNBC TV
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to be more successful and confident with your money? Take CNBC Make It’s new online course. Our expert instructors will help you master your money and discover practical strategies to boost your savings, reduce debt, and grow your wealthin a way that works best for you. Enroll in "Achieve Financial WellnessBe Happier, Wealthier & More Financially Secure" to start your journey to financial freedom today! Get a 30% discount with the coupon code EARLYBIRD until September 2, 2024
Connect with CNBC News Online
Get the latest news
Follow CNBC on LinkedIn
Follow CNBC News on Instagram
Follow CNBC News on Facebook
Follow CNBC on Threads
Follow CNBC News on X
Follow CNBC on WhatsApp
#CNBC
#openai
#chatgpt
Why ChatGPT Turned OpenAI Into A $80 Billion AI Leader
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
