OpenAl's revolutionary platform, which debuted in November 2022, has already attracted over 100 million users, and the company is now setting its sights on achieving a staggering $1 billion in revenue by 2024.
In a move to provide a guaranteed 100% return on investment for their stakeholders, OpenAl has transformed into a for-profit company.
OpenAl leverages the power of Microsoft's AZURE infrastructure and employs the cutting-edge Generative Pre-trained Transformer (GPT)-3 technology.
With a vast database of 300 billion words (570GB data) scraped from the internet, including sensitive information, and access to Twitter's extensive database, OpenAl's AI is impressively trained.
ChatGPT has made its API much more accessible by reducing its price by 90%, making it just $0.002 per 1000 tokens (750 words) - a tenfold reduction.
ChatGPT has achieved outstanding results in a wide range of fields, including clinical reasoning at Stanford Medical School, MBA, law, and Wharton exams, and even the Multistate Bar Exam (MBE), although it failed the U.P.S.C. exam in India.
ChatGPT offers a plethora of possibilities, ranging from composing poetry and song lyrics to assisting with school assignments and providing ideas and advice.
Although ChatGPT has faced criticism for biased and racist responses in the past, AI is actively improving its answers by verifying information with credible sources.
ChatGPT has received criticism from a broad spectrum of professionals, including but not limited to educators, journalists, artists, ethicists, academics, and public advocates.