OpenAI, the developer of the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics, and entrepreneurs, including Sam Altman, Greg Brockman, and Elon Musk.
Altman and Brockman remain at OpenAI, serving as CEO and president, respectively, while Musk left the company in 2018. At the time, OpenAI said Musk left to avoid conflicts of interest with other companies. Teslawas increasingly focused on AI, and since then, OpenAI has grown to become one of the prominent leaders in AI development.
OpenAI gained popularity in late 2022 with the release of ChatGPT, a chatbot that responds to user questions in a human-like way. The company also offers tools that can generate images and videos from text prompts. OpenAI currently has annual revenue of $3.4 billion and has high-profile clients such as PwC, Moderna, and Estee Lauder. Microsoft has invested around $13 billion in the AI startup.
But OpenAI’s huge success has also raised concerns from regulators and experts who question the outsized influence AI companies and Big Tech have over society, and the stress their technology puts on the power grid. Watch the video to learn more.
