ChatGPT Has Investors Drooling—but Can It Bring Home the Bacon?

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ChatGPT Has Investors Drooling—but Can It Bring Home the Bacon?
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“We don't really know what ChatGPT is going to be great at.”

—was asked this week how much the company behind it is worth, its responses included: “It is likely that its worth is in the hundreds of millions of dollars, if not more.”on top of an earlier $1 billion commitment, is betting that the company is worth a lot more—despite the fact neither ChatGPT nor other AI models made by OpenAI are yet raking in huge amounts of cash. OpenAI has built several impressive and attention-grabbing demos and powers a popularoffered by Microsoft’s GitHub.

, an investment firm. But while the bot’s path to riches may not be clear, Cham shares the feeling of many VCs and entrepreneurs that the technology behind the bot will pay out in a big way. OpenAI’s technology is at the heart of a swell of interest in so-calledCham compares the current situation to the early days of the internet, when some obscure but evocative demos turned out to precede a sea change in the workings of software, tech companies, and wider society.

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