The evolving ChatGPT’s OpenAI playbook: build a marketplace of AI companies, mimicking Google Play and Apple’s App Store. Yes, OpenAI is positioning itself as a platform upon which future mini-AI systems will run on. And it is doing the necessary: providing funding to ensure those entities congregate around it: “American artificial intelligence (AI) research laboratory company OpenAI has raised $175 million to invest in AI startups, with backing from Microsoft and other investors.”
SEC filing reveals that the fund which is managed by OpenAI CEO Sam Altman and COO Brad Lightcap, raised the money from 14 investors.
Notably, OpenAI has been investing in startups working in artificial intelligence for a while. The company launched the OpenAI startup fund and said it would seek to back companies pushing the boundaries of how powerful AI can positively impact the world and profoundly change people’s lives.
Statistically, that is a winning model since if you spread this money around, the diversity of the products will solidify the positioning of ChatGPT. In other words, you can have a plugin for Igbo vCooking mini-AI baked within ChatGPT with a team in Umuahia focused on that, instead of expecting ChatGPT’s SIlicon Valley team to do it all.
Business model wins empires. This OpenAI is unlocking great ones.
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