maš¯•¸pool on Nostr: Microsoft and OpenAI have contractual definition of AGI. ...
Microsoft and OpenAI have contractual definition of AGI.
https://techcrunch.com/2024/12/26/microsoft-and-openai-have-a-financial-definition-of-agi-report/ The reason the need for definition is that Microsoft loses access to OpenAIā€™s technology when the startup reaches AGI.
"The two companies reportedly signed an agreement last year stating OpenAI has only achieved AGI when it develops AI systems that can generate at least $100 billion in profits."
That's Saudi Aramco, Apple, Alphabet, level profits. https://en.wikipedia.org/wiki/List_of_largest_corporate_profits_and_losses
Currently OpenAI loses billions annually, and tells investors it wonā€™t turn a profit until 2029.
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I think Microsoft made a good bet.
#AGI #AI #Microsoft #OpenAI #business #economics
https://techcrunch.com/2024/12/26/microsoft-and-openai-have-a-financial-definition-of-agi-report/ The reason the need for definition is that Microsoft loses access to OpenAIā€™s technology when the startup reaches AGI.
"The two companies reportedly signed an agreement last year stating OpenAI has only achieved AGI when it develops AI systems that can generate at least $100 billion in profits."
That's Saudi Aramco, Apple, Alphabet, level profits. https://en.wikipedia.org/wiki/List_of_largest_corporate_profits_and_losses
Currently OpenAI loses billions annually, and tells investors it wonā€™t turn a profit until 2029.
---
I think Microsoft made a good bet.
#AGI #AI #Microsoft #OpenAI #business #economics