By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Stocks > OpenAI’s Strategic Move: Acquisition of Global Illumination to Boost ChatGPT Development
Stocks

OpenAI’s Strategic Move: Acquisition of Global Illumination to Boost ChatGPT Development

News Room
Last updated: 2023/08/17 at 2:16 AM
By News Room
Share
1 Min Read
SHARE

© Reuters. OpenAI’s Strategic Move: Acquisition of Global Illumination to Boost ChatGPT Development

Quiver Quantitative – OpenAI announced its acquisition of Global Illumination, a digital products company, marking the first publicly acknowledged purchase by the prominent artificial intelligence entity. The details surrounding the financial aspects of the transaction were not disclosed to the public.

Founded in New York in 2021, Global Illumination boasts founders Thomas Dimson, Taylor Gordon, and Joey Flynn, each of whom previously held roles at Instagram, a subsidiary of Meta (META). Among their many achievements, Dimson is recognized for contributing to the initial code responsible for Instagram’s content ranking algorithms, as stated on his personal website.

Following the acquisition, the entire team from Global Illumination will be assimilated into OpenAI, focusing their efforts on core projects. A significant emphasis will be on the further development and enhancement of ChatGPT, one of OpenAI’s flagship products.

Global Illumination’s most recent endeavors involved working on open-source technologies pertinent to online game production, aligning with OpenAI’s mission of pioneering advancements in artificial intelligence.

This article was originally published on Quiver Quantitative

Read the full article here

News Room August 17, 2023 August 17, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Inside Intel’s new Arizona fab, where the chipmaker’s fate hangs in the balance

Watch full video on YouTube

3 elements of an AI bubble. 🗯️

Watch full video on YouTube

Poland races to build bomb shelters

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

How Gen Z Is Reviving Legacy Brands

Watch full video on YouTube

Market insiders on what investors need to know about Fed uncertainty, inflation, volatility

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

CPS reports solid 2023 performance, eyes future growth By Investing.com

By News Room
Stocks

Niu Technologies faces mixed results in Q4 2023 By Investing.com

By News Room
Stocks

Exagen Inc. reports strong 2023 revenue growth By Investing.com

By News Room
Stocks

Legacy Housing reports mixed results amid sales decline By Investing.com

By News Room
Stocks

Harmony Biosciences exec sells over $383k in stock By Investing.com

By News Room
Stocks

Biofrontera posts record revenue and outlines growth plans By Investing.com

By News Room
Stocks

Granite Ridge CFO buys $31,000 in company stock By Investing.com

By News Room
Stocks

Coliseum Capital Management buys MasterCraft Boat shares worth over $3.2m By Investing.com

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?