Mr Musk resigned from OpenAI's board of directors in 2018, and the company became a “capped profit” in 2019. Who owns OpenAI?Įlon Musk and Sam Altman co-founded OpenAI as a non-profit in 2015. It was created using GPT-3 (Generative Pretrained Transformer 3), a language model trained on vast amounts of data online, one of the largest and most powerful models to date. ![]() What is ChatGPT?ĬhatGPT is a free chatbot driven by artificial intelligence and developed by research firm OpenAI.Īs well as simulating a human conversation, the programme can generate computer code, offer advice to users and write fiction and non-fiction prose in a style of the requestor's choosing. Here Telegraph Money explains what ChatGPT is and how investors can increase their exposure to this exciting sector. ![]() The investment platform Freetrade recorded a 43pc surge in the value of trades in baskets of AI stocks and exchange-traded funds in January, compared to the previous month. The rapid rise of the programme has seen investors pile into a wide range of companies employing artificial intelligence. Since launching November 2022, the Microsoft-backed chatbot has become the fastest-growing consumer app in history, attracting 100 million users every month according to the Swiss bank UBS. But is it worth putting money into the companies that make chat bots – and could government intervention make investing a disaster? ![]() The bombshell release of ChatGPT has generated a frenzy of excitement among investors.
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