Microsoft Launches GPT-4Turbo Model for Bing Chat


OpenAI's Employee Compensation Sets a New High for Tech Startups, with an Average Stock Incentive of $1.5 Million, Approximately 10.51 Million RMB, Far Exceeding Google's 2003 Levels.
OpenAI's compensation data is astonishing, with average stock compensation reaching $15 million per employee, setting a new record for tech startups. This figure is 34 times higher than the average employee compensation of 18 major tech companies in the previous year before their public offerings over the past 25 years. It is expected that by 2030, the company will issue approximately $3 billion in stock compensation annually.
SoftBank Group completed an additional $2.25 billion investment in OpenAI on December 26th, fulfilling its investment commitment from March, increasing its stake to approximately 11%. This move strengthens the cooperation between the two parties and reinforces OpenAI's market position in the field of artificial intelligence.
SoftBank Group completes $40B investment in OpenAI, with final payment of $22-22.5B. Funding was provided via syndicated loans and direct investments.....
OpenAI's ChatGPT hits 800M weekly active users, a notable rise since March, serving consumers, developers, businesses, and governments. Valued at $500B, it's the world's most valuable private company, showcasing rapid AI growth.....