Feb 04, 2025 08:43 AM IST
This is able to be Altman’s second India journey in two years and comes at a time of a lawsuit by information company ANI and stiff competitors from China’s DeepSeek
Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator takes half in a chat at Tel Aviv College in Tel Aviv, Israel June 5, 2023.(Amir Cohen/Reuters)
HT could not independently confirm the data.
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The go to is to satisfy high authorities officers and interact in an trade hearth chat, in line with the report.
OpenAI has nevertheless mentioned that it solely makes use of publicly obtainable information and argued that Indian courts haven’t any jurisdiction on the matter.
It additionally comes at a time when the dominance of OpenAI in addition to different high western AI fashions within the AI realm has been challenged by low-cost Chinese language upstart DeepSeek with its R1 mannequin.
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It reportedly price lower than $6 million to construct and consumes solely a fraction of energy {that a} mannequin like that of ChatGPT makes use of. The US tech trade which had long-justified placing billions of {dollars} into AI was compelled to look at to disbelief.
On high of this, DeepSeek even overtook ChatGPT because the top-ranked free app on Apple’s Appstore.
On account of all of this, AI chipmaking large Nvidia misplaced $590 billion in market cap final Monday. This was the most important one-day inventory wipeout of any firm in historical past.
This additionally got here at a time when US President Donald Trump introduced Stargate, the $500 billion AI information centre infrastructure venture deliberate by OpenAI, Masayoshi Son’s SoftBank, and Oracle.
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OpenAI had additionally created SB OpenAI Japan, a 50:50 held firm in Japan, together with SoftBank.
In the meantime, India has additionally outlined its international AI ambitions and plans to launch its personal indigenous mannequin costing lower than ₹100 per hour to run,’ IT Minister Ashwini Vaishnaw had introduced.
Really helpful Matters Information / Enterprise / OpenAI’s Sam Altman more likely to go to India on Feb 5, trade hearth chat anticipated
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