OpenAI value triples in nine months
The IndependentSign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy OpenAI has tripled in value in just nine months after securing a new deal with venture capital firm Thrive Capital, according to reports. Reports of the new valuation comes after OpenAI released a new artificial intelligence tool called Sora that creates videos from a simple text prompt. “You guys are going to end so many careers for people,” one user wrote on an OpenAI community forum following Sora’s release. Being in these industries is hard already, and now with this people might not have jobs anymore.” The product, which has not yet been released to the public, follows successful roll outs of other leading generative AI, including text-based chatbot ChatGPT and image-based tool Dall-E. OpenAI has frequently addressed safety concerns about its products, noting with the unveiling of Sora that it could potentially be misused.