OpenAI plans to raise additional funding from Microsoft to create general artificial intelligence (AGI), which is AI with human cognitive abilities. This was stated by the company’s CEO Sam Altman in an interview with The Financial Times.
According to him, the partnership between his company and Microsoft CEO Satya Nadella is “working very well.” Sam Altman expects to “raise a lot more money over time” from the tech giant and other investors to create more sophisticated AI models.
Microsoft has previously invested billions of dollars in OpenAI. Now Sam Altman hopes that the tech giant will continue to invest in the company.
“There’s still a long way to go and a lot of calculations to be done between us and AGI… the training costs are just enormous,” he emphasized.
At the same time, OpenAI’s CEO added that the partnership with Microsoft ensures that “we will both make money from each other’s success, and everyone will be happy.”
Sam Altman also said that the company is working on GPT-5. However, he did not name specific terms for the launch of the next generation of the AI model. To train GPT-5, the company plans to use a publicly available dataset on the Internet and OpenAI’s own data.
At the same time, the company’s CEO noted that it is still technically difficult to predict what new capabilities and skills the model may have.
“Until we train this model, it’s like a fun guessing game for us,” he said. “We’re trying to get better at it because I think it’s important from a security perspective to anticipate possibilities. But I can’t tell you what it will do that the GPT-4 didn’t do.”
In late September, it became known that OpenAI would negotiate with investors about a possible sale of shares, which could result in a valuation of $80-90 billion.
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