OpenAI wants to raise $1 billion to create an “iPhone for AI” – Kommersant

OpenAI wants to raise $1 billion to create an “iPhone for AI” - Kommersant

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OpenAI, which owns the ChatGPT chatbot, is in talks with former Apple designer Jony Ive and Softbank Group founder Masayoshi Son to create the company’s first artificial intelligence (AI) gadget. Reports this with reference to its own sources. Financial Times (FT). At the same time, OpenAI CEO Sam Altman expects that he will be able to get $1 billion from Softbank to develop the device.

According to the newspaper, Sam Altman and Jony Ive have been discussing design options for the new device for a long time. Product development is in its early stages, and the parties are discussing many ideas for exactly what OpenAI’s first gadget will look like. They hope to create an intuitive user interface for interacting with artificial intelligence, the publication writes, repeating the success of Apple when creating the iPhone. Mr. Ive was responsible for the design of the iPhone. Mr. Song is also involved in some of the negotiations. At the same time, he is primarily responsible for financing the project, in exchange for which OpenAI promises to use a chip from Arm, a developer in which Softbank holds a 90 percent capital share, in its gadget.

According to sources, the parties are determined, but OpenAI will most likely announce its intention to create a similar product only in a few months, and the process of bringing it to market could drag on for years.

Kirill Sarkhanyants

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