![]() The AI technology has been trained on large data sets and can generate human-like answers. It uses a large language model (LLM) named Generative Pre-trained Transformer (GPT). OpenAI is best known as the parent company of ChatGPT, the chatbot that can answer questions in natural language. Once investors and employee stock options are fulfilled, the leftover profits are returned to OpenAI, which is governed by the non-profit part. There is significant competition for these experts, and their profit-focused competitors could provide more attractive compensation options to workers. The firm transitioned to a capped-for-profit status in 2019 to allow additional investment from venture capitalists and to grant employee stock options. Today, it is the research laboratory non-profit OpenAI Incorporation and OpenAI Limited Partnership subsidiary that bring in profits. With over US$1 billion in funding, OpenAI was founded as a non-profit. Other names in the tech industry like Reid Hoffman, Jessica Livingston, and Peter Thiel contributed, as did firms like Amazon Web Services (AWS), Infosys, and Y Combinator's former research arm, YC Research. They received funds from Brockman, Altman, and Musk at the start. ![]() Elon Musk was a founding co-chair with the current CEO of OpenAI, Sam Altman. They have a team of researchers, engineers, and scientists that aim to advance the AI field. It's led by machine learning expert Ilya Sutskever, and former CTO Greg Brockman. ![]() OpenAI was launched in 2015 as an artificial intelligence (AI) research laboratory.
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