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Arcane
Hey, I'm on Medial • 3m
OpenAI’s Journey Till Now 2015: OpenAI is founded as a non-profit with $1B committed from supporters, but received just around $130M in total donations, which included less than $45M from Elon Musk and about $90M from other donors 2016-2017: OpenAI experiments with various AI products in gaming, robotics, and AI toolkits. 2017: The "Attention is All You Need" paper is released, which influenced the development of ChatGPT by introducing the Transformer architecture. 2018-2019: GPT-1 and GPT-2 models are announced. 2019: OpenAI becomes a "capped-profit company" and raises $1B from Microsoft. 2020: GPT-3 model is released. 2021: • Anthropic is founded by ex-OpenAI VPs. • DALL-E and Codex are released. • Microsoft invests further into OpenAI, and GitHub Copilot is released. 2022: ChatGPT launched in November, gains 100M users by January. 2023: • Microsoft invests $10B in OpenAI. • OpenAI’s valuation rises to $29B. • GPT-4 is released shortly after. 2024: • ChatGPT reaches 200M users in August and 300M users in December. • OpenAI o1 is released, OpenAI reportedly valued at $86B. • OpenAI raises $6.6B at a $157B valuation, becoming the 3rd highest-valued private company in the world. 2025: • OpenAI finalizes $40B funding round at a $300B post-money valuation, nearly doubling from its previous valuation. • But there's a CONDITION- if OpenAI doesn’t restructure into an independent for-profit company by the end of 2025, its mega-financing round could be slashed by $20 billion.
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