Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Technology

OpenAI creates new unit with $4 billion investment to aid corporate AI push

OpenAI said on Monday it is setting up a ​new company with more than $4 ​billion in initial investment to help organizations build ​and deploy artificial intelligence systems, and will acquire an AI consulting firm, Tomoro, to quickly scale up the unit.

After its early models saw strong resonance ‌with consumers, ⁠OpenAI has ⁠been working aggressively to sign corporate contracts and establish a large presence ​in the business world where its AI will see large-scale deployment.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.