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🤖 OpenAI Raising More Money

🤖 OpenAI Raising More Money

AND The CIA Has Their Own AI

Davis McCondichie
September 28, 2023

What's up? You're reading Inclined AI. It's the only newsletter that’s pro-cats on keyboards.

Here's what is on tap fjasoid;mabxl:

OpenAI looks to sell some shares
The CIA upgrades their AI
Jony Ive works with Sam Altman on AI device
Tinder’s former CEO wants AI to fight loneliness

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Companies burn up a lot of cash to run and train AI.

That fact is why OpenAI, the powerhouse behind ChatGPT, is whispering to investors about a share sale. The tag? A mind-boggling $80 to $90 billion.

For those who've misplaced their calculators, that's three times its valuation from just a few months ago.

Now, let's address the robotic elephant in the room:

Why is this move needed? Isn't AI printing money now? Well, while OpenAI does anticipate hitting a sweet $1 billion in revenue this year, operating on an AI scale that's akin to Godzilla isn't cheap.

They might be raking in cash by giving premium access to ChatGPT and wooing businesses with their AI magic, but they're also burning a fortune in costs.

It’s a double-edged sword.

With this valuation, OpenAI is giving SpaceX and TikTok's parent, ByteDance, a run for their money, positioning itself as one of the hottest global startups.

If Silicon Valley were high school, OpenAI would be the trendsetting cool kid everyone's trying to emulate. Even the tech giants, like Google and Meta, are scrambling to create their own versions of ChatGPT.

So, is OpenAI feeling the burn from this mammoth-scale AI operation?

Yep. But with every funding round and every tweak, OpenAI is, paradoxically, becoming more human, learning from its stumbles, and striving to improve.

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a 1970's softback sci-fi style cover of a spy infiltrating a computer lab --ar 2:1

The CIA is jumping on the AI bandwagon, and frankly, it's about time.

In a world drowning in data, the agency is prepping its own version of OpenAI's ChatGPT to sift through the digital noise and extract meaningful insights.

Their mission? Find those elusive "needles" amid a vast haystack of public intel.

But what's sparking this AI pivot?

With China racing to crown itself as the global AI leader by 2030, the US must catch up quickly. The tool's nifty feature allows analysts to converse with the AI, extracting information on the go.

And while this all sounds super tech-forward, there are concerns—chief among them is data privacy.

Though specifics are hush-hush, the CIA's partnership with the tech sector signals its commitment to keep Uncle Sam's secrets safe. The future of intelligence is digital, interactive, and—undoubtedly—AI-powered.