![]() Earlier this week, it said it would charge companies using its AI about one-fifth of one cent to produce about 750 words. OpenAI gives other companies access to its AI models through a programming interface, or API. "There are future trillion-dollar companies being built and invested in right now, which will not only change markets, but launch new ones," Hoffman wrote. Reid is a frequent public speaker, known for his approachability and skill at explaining complex topics with lucidity. Reid Hoffman, a co-founder of LinkedIn and now partner at venture capital firm Greylock Partners, says innovators must ignore hype to identify new technologies with real traction. Hoffman said companies that use large language models could become incredibly valuable. OpenAI is one of the leaders in developing and training large language models, a relatively new approach in artificial intelligence that uses lots of computing power and data to produce software that can return blocks of text or answers that look like a human wrote them. 'What I most wanted to do was strengthen public. ![]() After Stanford, he took a Marshall scholarship so he could ponder the great ideas at Oxford. "But by stepping off the board, I can proactively put to rest any downstream potential issues for both OpenAI and all Greylock portfolio companies I've backed." Reid Hoffman dreamed of becoming a philosopher. "I started to wonder: Will my position as a 501c3 board member of OpenAI potentially look like it's leading to differential economic advancement? To be clear, since the start, OpenAI and its board has been very careful to monitor and avoid any conflicts to date," Hoffman wrote. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower He also acknowledges that the possibility of misinformation is especially dangerous just over a year ahead of a presidential election.Best Debt Consolidation Loans for Bad Credit Hoffman told the Times he believes many of the current problems with AI, like its tendency to produce incorrect information, will soon be solved as the models are tested more and exposed to more information, giving them a larger knowledge base to draw from. Hoffman said he later encouraged Altman to meet with Microsoft, who has since invested billions into the ChatGPT creator.Īround a year ago, Hoffman said, he saw how capable a version of ChatGPT was prior to its release last November, and knew he needed to turn his focus to investing in AI companies, speaking with politicians about the coming technology, and educating the public. Hoffman has been outspoken about his stance on AI.Īccording to the Times, Hoffman met with Altman and Musk, who was involved in the founding of OpenAI and has since left the company, in 2015 when the company was founded. Buzzy startup created by co-founders of LinkedIn, DeepMind. He is co-founder and executive chairman of LinkedIn, the worlds biggest professional network. LinkedIn founder Reid Hoffman funded Trump rape accuser Fortune Politics Donald Trump Trump rape trial roiled by disclosure that accuser got funding from LinkedIn founder Reid Hoffman BY. Inflection AI Raises 1.3 Billion From Reid Hoffman, Bill Gates and Nvidia. Account icon An icon in the shape of a person's head and shoulders. REID HOFFMAN is a world-renowned entrepreneur and investor.
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