Per CNBC
OpenAI's Sam Altman talks about how the whole world wants AI
6/14/2023
OpenAI's Sam Altman reportedly talked about how the whole world wanted AI and how the market would deliver. This came during the CEO's speech in Singapore, where he talked to business founders, tech executives, and people at the Singapore Management University.
Altman: “We’ve got sophisticated enough languages and also powerful enough computers that we could make AI bigger and bigger and bigger... We’re going to make models more efficient. We’re going to make way more chips. I think this is clearly what the world wants and the market will deliver.”
This comes as OpenAI's ChatGPT had hit 100 million users in just two months since its launch. This feat gained the company massive attention not just in the tech space but in the business space as well.
Now, Sam Altman reportedly talks about the future of OpenAI and what they plan to do with the company in the future.
Altman: “We want to drive the cost of intelligence down and down and down. We want to make this stuff so cheap you don’t have to think about [it]... We plan to continue to have big cuts in the future. We have to keep making research breakthroughs to be able to do that,”
Recently, Sam Altman reportedly said that he didn't want the company to go public since he wanted to retain full control. He also revealed how he didn't own any equity in the company and how certain decisions made by the company might not sit well with public market investors.
BlackRock CEO Larry Fink reportedly said he thinks that AI will boost productivity by 30%. This comes as the company has a team called AI Labs which reportedly focused on learning more about the technology, specifically machine learning and natural language processing.
Fink revealed that the company was already spending a lot of time learning more about the technology.
See flow at unusualwhales.com/flow.
Other News:
- OpenAI founder says he doesn't want the company to go public to retain full control
- BlackRock CEO Larry Fink thinks AI will boost productivity by 30%
Resources:
Nike, NKE, to increase prices on footwear, apparel amid tariffs
5/22/2025 7:15 PMSubaru of America increases vehicle prices
5/22/2025 7:14 PMCEO of Microsoft, MSFT, Satya Nadella, has said as much as 30% of Microsoft code is written by AI
5/22/2025 7:07 PMApple, AAPL, may release a ‘mostly glass, curved iPhone’ in 2027
5/22/2025 7:04 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.