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This week marks three years since OpenAI first released ChatGPT,
sparking global fascination and a commercial boom in generative
AI technology and giving the San Francisco-based startup an
early lead. But the company faces increased competition with
rivals, including Google, which last month unleashed Gemini 3,
the latest version of its own AI assistant.
OpenAI didn’t immediately respond to a request for comment
Tuesday. Tech news outlet The Information also reported on the
memo.
Altman said this fall that ChatGPT now has more than 800 million
weekly users. But the company, valued at $500 billion, doesn’t
make a profit and has committed more than $1 trillion in
financial obligations to the cloud computing providers and
chipmakers it relies on to power its AI systems.
The risk that OpenAI won't make enough money to fulfill the
expectations of backers like Oracle and Nvidia has amplified
investor concerns about an AI bubble.
Nick Turley, an OpenAI vice president and its head of ChatGPT,
posted on social media Monday that online search is one of the
product's biggest areas of opportunity as the company focuses on
making ChatGPT more capable and “even more intuitive and
personal.”
OpenAI makes revenue from premium subscriptions to ChatGPT but
most users get the free version. OpenAI introduced its own web
browser, Atlas, in October, an attempt to compete with Google's
Chrome as more internet users rely on AI to answer their
questions. But OpenAI hasn't yet tried to sell ads on ChatGPT,
which is how Google makes money from its dominant search
business.
Altman's memo said the company was delaying work on advertising,
AI agents for health and shopping, and a personal assistant
called Pulse, according to the Journal.
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