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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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ChatGPT helps OpenAI's revenue soar 50 times, major updates to be announced at the Developer Conference.
As ChatGPT approaches its first anniversary, it has brought significant rise to OpenAI. According to reports, OpenAI CEO Sam Altman stated that this AI chatbot generated approximately $1.3 billion in revenue for the company this year, achieving nearly fifty times the total revenue of $28 million last year.
This astonishing rise in speed has brought OpenAI's valuation to a historic high of $90 billion. Many users see ChatGPT as a superpower, benefiting both novice programmers and marketers.
However, OpenAI also faces many challenges. First is the competitive pressure from external sources. Although OpenAI has a first-mover advantage in the market, other tech giants and the open-source community are also actively developing their own AI models. A certain search engine giant's multi-modal large model is highly anticipated and is expected to compete with GPT-4. At the same time, the open-source community is working hard to develop AI models that are provided for free, which may threaten OpenAI's paid service customer base.
In addition, OpenAI is also facing internal challenges. The company recently adjusted its core values by removing the term "thoughtful" in favor of emphasizing "AGI focus" and "strong and driven." This change indicates that OpenAI is prioritizing the achievement of AGI (Artificial General Intelligence) and has accelerated the pace of product updates for this purpose.
To celebrate the one-year anniversary of ChatGPT, OpenAI plans to hold its first global developer conference on November 6. At that time, the company will launch a major annual update for ChatGPT, which includes providing developers with increased memory storage capabilities and significantly reducing API usage costs. This upgrade is called Stateful API, which aims to lower application development costs by remembering the conversation history of queries.
Despite OpenAI's significant progress in the AI field, the company still needs to cautiously address challenges from competitors and its own development direction to maintain its rapid rise.