Microsoft, OpenAI, ChatGPT, yes, yes, yes

by Janice Allen
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So anyway, Microsoft, OpenAI, ChatGPT, Yada yada yadaeven Sam Altman now has a puke emoji face.

Semafor’s report that Microsoft was eyeing a $10 billion investment in OpenAI late Monday night was just the tip of a media hype.

By early afternoon Pacific Time today, news of the rumored deal had turned into a deep, red-hot Silicon Valley bromance (The information); an exhausting, dazzling finance lesson (Fortune); and a high stakes poker game/arms race (Business Insider). Even AI skeptic Gary Marcus wrote quickly a Substack tome: “Will Microsoft get the deal of the century? Or is Sam Altman unloading OpenAI at just the right time?”

The real story behind generative AI

Of course, we have no way of knowing what Sam Altman means by his recent puke tweet. Is he already tired of the media hype of Microsoft/OpenAI? Or is it that ChatGPT has been down many times over the past few days because of the frenzied demand? Perhaps his own December tweet about ChatGPT’s massive cost still makes his eyes water, leading to co-founder Greg Brockman’s waiting list for a future ChatGPT Professional (who asks “At what price ($ per month) would you consider ChatGPT so expensive that you wouldn’t consider buying it?”).

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But to me, the real story around OpenAI is the future of generative AI, beyond Microsoft and OpenAI, and even Google. I’m just as interested in the next man or woman in the art of this deal. But the bigger story, I think most would agree, is how generative AI will impact business and society, both positively and negatively.

Shifting the focus of OpenAI

I’m doing my best to keep up as a single reporting passenger on the OpenAI train. I’ve been on the choo-choo since I started at VentureBeat last April, all the way from DALL-E 2 to the DALL-E API to ChatGPT. I’m trying to find a way to have my FitBit buzz me every time someone predicts something about GPT-4.

But I want to be absolutely sure that I’m focusing my coverage primarily on VentureBeat’s audience of business tech decision makers. What do they need to know about how generative AI will (or won’t) transform their business? What are the ethical issues and legal ramifications they need to consider? How will OpenAI and other generative AI companies deal with the hidden dangers behind these incredible tools – even Sam Altman admits?

I have no choice but to leave it to the reporting teams at Semafor, The Information and the like to break the big tech news behind the scenes around OpenAI. But don’t be surprised if I get a call or email from me to talk about the real AI transformations lurking – for all of us.

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