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OpenAI right this moment time launched the OpenAI Startup Fund, a $100 million fund to, in the phrases of OpenAI, “serve AI corporations non-public a profound, clear affect on the field.” The fund is managed by OpenAI, with funding from Microsoft and varied partners, and OpenAI says that corporations chosen for this may possibly well also web early access to future OpenAI programs, enhance from OpenAI’s crew, and credits on Microsoft Azure.
In step with Sam Altman, CEO of OpenAI and the worn president of Y Combinator, the OpenAI Startup Fund will originate “gargantuan, early bets” on an attractive tiny various of corporations, doubtless no extra than 10. It’ll sight to partner with early-stage startups in fields the build AI can non-public a “transformative” attain — fancy health care, climate swap, and training — and the build AI tools can empower folks by helping them be extra productive, fancy within most assistance and semantic search.
“We whisper that helping folks be extra productive with unusual tools is a gargantuan deal. And we can factor in trace unusual interferences that weren’t that you can factor in a yr in the past,” Altman acknowledged. “We’re truly interested by the so a lot of for startups, for the alternate and for folks in all places who can keep AI to work enhancing their lives.”
Microsoft partnership
The OpenAI Startup Fund additional extends Microsoft’s collaboration with San Francisco, California-based completely OpenAI. Roughly a yr in the past, Microsoft supplied it would invest $1 billion in OpenAI to jointly blueprint unusual applied sciences for Microsoft’s Azure cloud platform and to “additional lengthen” enormous-scale AI capabilities that “persist with it the promise” of man-made total intelligence. In alternate, OpenAI agreed to license a few of its intellectual property to Microsoft, which the firm would then equipment and sell to partners, and to put collectively and flee AI fashions on Azure as OpenAI worked to blueprint next-generation computing hardware.
In the months that followed, OpenAI released a Microsoft Azure-powered API that permits developers to detect GPT-3’s capabilities. And against the tip of 2020, Microsoft supplied that it would completely license GPT-3 to blueprint and lift AI solutions for customers, to boot to create unusual products that harness the facility of pure language generation.
This week, Microsoft supplied that it would “deeply combine” GPT-3 with Energy Apps, its low-code app style platform — particularly for formulation generation. The AI-powered aspects will allow a shopper constructing an ecommerce app, as an illustration, to swear a programming operate the exercise of conversational language fancy “web products the build the title begins with ‘adolescents.’”
Past Microsoft, GPT-3 is now being primitive in additional than 300 varied apps by “tens of hundreds” of developers and producing over 4.5 billion phrases per day, per OpenAI. A startup called Viable is the exercise of GPT-3 to analyze customer feedback, figuring out “topics, emotions, and sentiment from surveys, serve desk tickets, are residing chat logs, opinions, and additional”; Myth Studio is leveraging the model to create dialogue for VR experiences; and Algolia is the exercise of it to make stronger its web search products.
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