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What's the worth of OpenAI, the startup behind ChatGPT?
Credit: IndiaTimes- Published on October 19, 2023
OpenAI, with a 49% ownership stake by Microsoft Corp, is headed by CEO Sam Altman and President Greg Brockman. Its valuation at $86 billion positions it among the world's most valuable private companies, surpassing companies like Stripe and Chinese online retailer Shein but trailing behind SpaceX by Elon Musk.
Video credit: Wibbitz Top Stories
Published on October 19, 2023 - 01:31
Music Publishers Sue AI Startup Over 'Widespread' Copyright Infringement
Music Publishers Sue AI Startup , Over 'Widespread' Copyright Infringement.
On October 18, Universal Music filed a lawsuit against
AI startup Anthropic over "systemic and widespread
infringement of their copyrighted song lyrics.".
On October 18, Universal Music filed a lawsuit against
AI startup Anthropic over "systemic and widespread
infringement of their copyrighted song lyrics.".
NBC reports that two examples
cited in the lawsuit are searches for
Katy Perry and Gloria Gaynor's lyrics.
In the process of building
and operating AI models,
Anthropic unlawfully copies
and disseminates vast amounts
of copyrighted works, Universal Music lawsuit, via NBC.
Just like the developers of other
technologies that have come before,
from the printing press to the copy
machine to the web-crawler,
AI companies must follow the law, Universal Music lawsuit, via NBC.
NBC reports that other music publishers
were also listed as plaintiffs in the case,
including Concord and ABKCO.
In 2021, Anthropic was founded by former
research executives from OpenAI, with funding
from major companies like Google and Zoom.
In 2021, Anthropic was founded by former
research executives from OpenAI, with funding
from major companies like Google and Zoom.
Since March, the company has
managed to raise $750 million in funding,
with a total value now estimated at $4.1 billion.
In July, the company unveiled Claude 2,
the latest iteration of its AI chatbot. .
According to Anthropic, Claude 2
has the ability to summarize up
to approximately 75,000 words. .
By comparison, OpenAI's ChatGPT
can only handle summaries up
to about 3,000 words.
We have been focused on
businesses, on making Claude
as robustly safe as possible, Daniela Amodei, co-founder and
president of Anthropic, via CNBC