ChatGPT-owner Open AI says it’s seeing ‘tremendous demand’ across all segments

ChatGPT-owner Open AI says it’s seeing ‘tremendous demand’ across all segments


The OpenAI logo on a laptop computer arranged in the Brooklyn borough of New York, US, on Thursday, Jan. 12, 2023.

Gabby Jones | Bloomberg | Getty Images

OpenAI’s head of international strategy has said the artificial intelligence giant is seeing “tremendous demand in the market across all segments.”

“It’s a rollercoaster. We’re just trying to keep up with the demand,” Oliver Jay, managing director of international strategy at OpenAI, said at CNBC’s CONVERGE LIVE Thursday.

“Consumers, businesses, educators, developers and you can see this in the metrics of one of our products, ChatGPT. ChatGPT recently exceeded 400 million weekly active users,” he added.

Unlike other platform shifts — such as software as a service (SAAS) or the cloud — which had early and late adopters, Jay said: “We’re seeing AI being adopted everywhere all at once.”

He spoke about the rapid uptick in ChatGPT usage at the two-day live event in Singapore — adding that the city-state has the highest per-capita usage of ChatGPT in the world.

“AI is not this mercurial mystery. It’s actually ready,” he said. “Companies are being transformed already,” Jay said.

ChatGPT is an AI chatbot developed by San Francisco-based OpenAI that uses deep learning techniques to generate human-like responses to inputs. OpenAI was co-founded in 2015 by Elon Musk and Sam Altman and is backed by well-known investors — most notably Microsoft.

— Ryan Browne contributed to this report

This is a developing story and will be updated shortly.



Source

BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.
World

BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.

BlackRock is seeing a shift among Big Tech investors. Jay Jacobs, the firm’s U.S. head of equity ETFs, finds they’re going for targeted themes like artificial intelligence. “One of the biggest trades we’re seeing this year is simply people leaving the traditional tech sector and getting more granular into AI-specific ETFs, like BAI [the iShares […]

Read More
Warren Buffett Watch: Berkshire’s Japanese stock positions top  billion
World

Warren Buffett Watch: Berkshire’s Japanese stock positions top $30 billion

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire’s Japanese stock positions top $30 billion The total value of the five Japanese “trading houses” in Berkshire Hathaway’s equity portfolio has topped $30 billion […]

Read More
These stocks reporting next week have a history of posting earnings beats and rallying
World

These stocks reporting next week have a history of posting earnings beats and rallying

Investors aiming to predict which stocks will pop during earnings season may want to keep an eye on companies that have strong track records of exceeding Wall Street’s expectations. Earnings season for the third quarter starts ramping up next week. Some of the companies slated to share their top- and bottom-line results next week include […]

Read More