Imagine entering a place with the hand of one of Hollywood’s most prominent stars. This is how the situation of a company that is only linked to the spate around Openai can be described. This can increase its credibility in the market these days. On Monday, Advanced Micro Devices shares rose 24% on the back of an agreement to sell slides to Openai, increasing market value by about $ 63.4 billion. But the profits did not stop there, as Bloomberg News reported that Figma’s shares rose 16%, as well as 11%for Hubspot’s shares, while Salesforce’s shares rose 4.2%. Online travel businesses have seen increases in short -term increases, as shares have acquired from the “Expedia” group. (Expedia). And ‘TripAdvisor’ is about 7%. Even toy maker Mattel’s shares rose by about 6%. Openai strikes a billion billion billion with chipmaker AMD. What these businesses had in common was their involvement with the Keynote at Openai Developer Day in San Francisco, known as a ‘AI Hobbie Party’ for those who build artificial intelligence products. One cut showed how Mattel’s toy designers experiment with videos using artificial intelligence to visualize a completed new product from a basic sketch. “It’s a very pleasant way to make games,” said Openai CEO Sam Altman. Enthusiasm for Openai ignores the details it is right, although I think the movements of the share looked less about how the application of AI would help these businesses – something that should not be determined – and more a reflection of investors’ eagerness to join Open’s $ 500 billion link. One prediction is a devastating collapse. I have previously noticed the many weaknesses that opened, as it seeks to compete with companies whose traditional businesses enable them to invest in this new technology in the long run. Google and meta-platforms can rely on their advertising riches to make money, while Amazon.com has its e-commerce and cloud computing operations. Emerging stocks are still rising thanks to betting on artificial intelligence transactions. Openai does not have a similar type of money machine, as its business depends on machines that take unprecedented amounts of cash estimated at about $ 115 billion by 2029, according to one estimate, forcing it to turn to investors at an alarming rate. But on Monday on the Developer Day, Openai set out its plan to build the backbone of a stronger business in more detail, one that is less sexy than the promises of ‘general artificial intelligence’ or a competitive Jony Ive designed device for the iPhone and more, but it provides practical applications for some of the things that opened. Sora and clients as a way to make money The recent launch of Sora, an independent tapping-style app for AI-generated videos, was a moment that grabbed the attention of the media and sent the internet Abuzz with talking wrong information and theft of intellectual property. What this hype has done is to set the way for a real monetization potential, by allowing third parties to add Open’s excellent video generation capabilities to their own applications and use cases -an capacity announced on Monday to an exciting applause. Openai completes the sale of shares at $ 500 billion valuation, and SpaceX Altman has also announced a so -called way to build artificial intelligence agents based on the company’s data or systems. He showed one demonstration of this technology of the grocery store chain chain, which uses the stock levels and other statistics to give store managers the ability to ask the agent: ‘What’s going on?’ And receive a recommendation on the next step. It is all boring, as confirmed by the show behind Altman, who at one point uses cases such as ‘Purchase Agent’, ‘HR setup’ and ‘sellers management’. But this is, of course, at the heart of Openai. Its ‘old’ actions that enable the achievement of lofty goals. Altman can spend his time talking about building AI “for the benefit of all mankind”, but what he first needs is that Openai becomes the new internet operation system – one in which AI makes it possible to connect services and data sources that were previously separate. The question is: Will this project be able to get off the ground before the money runs out?
Openai finally prepares to earn profits before it runs out of money
