OpenAI readies to join the gods of technology on Mount Olympus

OpenAI’s difficulties in , despite , mean that it has had to , $20 billion more than the previous valuation, eight months ago.

The company’s technology and potential, rather than its profitability, are , which is very interested in being able to incorporate part of the experience that OpenAI is accumulating. The gods of technology, crowded on the summit of Mount Olympus, are jostling to take their positions on AI, which is proving hard to master.

OpenAI’s financing round, led by , has of and , which together with Microsoft’s previous investment — which it is likely to increase — could lead to , giving Sam Altman a free hand to continuing working without fear of running out of money.

Big Tech is using more and more generative AI into its products. Apple has incorporated ChatGPT into its next versions of iOS for everything its algorithms can’t do, while Nvidia will benefit because from demand for its microprocessors in more and more of the data centers Big Tech use.