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ChatGPT appears to have taken the world by storm. Open AI, a research firm specializing in artificial intelligence, has revealed an AI-powered chatbot, dubbed ChatGPT, for public testing. Open AI claims that researchers have trained the ChatGPT to interact with users in a "conversational way", making it accessible to a wider group of people.
Journalists are awestruck by its AI-generated copy, programmers are talking about how it helps them write their code, and businesspeople appear willing to invest in any organization that wishes to take advantage of its possibilities. But it seems as though it was founded eight years ago with assistance from an Indian corporation.
Infosys made a hidden investment in ChatGPT which is a product of artificial intelligence company OpenAI all the way back in 2015. "Our wish is that together the OpenAI team will do unfettered research in the most important, most relevant dimensions of AI, no matter how long it takes to get there, not limited to just identifying dancing cats in videos, but to creating ideas and inventions that amplify our humanity," then-Infosys Sikka Vishal Sikka had mentioned in a blog post in 2015.
Sikka stated that OpenAI's efforts might be useful for Infosys. In all kinds of industries and areas, from sophisticated machinery to consumer behavior, from medicine to energy, according to him, AI will progressively shape the development and growth of intelligent software systems. "Most of our work is in constructing and maintaining software systems," he stated. A company like Infosys, with its 1.5 lakh software engineers, would benefit from and contribute to OpenAI in a special way, according to Sikka.
According to Sikka, AI will radically change many aspects of the job performed by a big services provider like Infosys, including services like infrastructure management, business process outsourcing, and the verification and upkeep of current software. He had previously stated that "we can substantially move the mechanizable job to automation, and instead construct intelligent software systems, that amplify us, our abilities, as well as those of our clients."
There had been other investors in OpenAI besides Infosys. In 2015, Elon Musk, Sam Altman of Y-Combinator, and a number of other individuals announced the creation of OpenAI, a non-profit effort with the goal of developing AI that will benefit all of humanity. Numerous businesses and investors, including Infosys, have given the company grants and loans totaling $1 billion. 2019 saw OpenAI change from a non-profit to a "capped" for-profit, which allowed investors to earn a maximum 100x return on their initial investment.
The 100-time limit seems to have been justified three years later. Chat GPT-3, the leading AI chatbot from OpenAI, is capable of writing emails and messages, providing answers to all kinds of questions, and even writing code. The results are astounding, and it is nearly hard to tell them apart from human-made artwork. Although OpenAI hasn't yet made money off of the service, there is talk that it may do so today at a $29 billion value, making it one of the most valuable firms in the world right now. This will probably net Infosys a substantial payment, but maybe even more crucially, it will present an opportunity to work with a business that appears to have developed the most ground-breaking new technology in recent memory.
