Datagrom AI News Logo

Microsoft and OpenAI have a financial definition of AGI: Report

Microsoft and OpenAI have a financial definition of AGI: Report

December 26, 2024: Microsoft, OpenAI Define AGI by Profits - Microsoft and OpenAI have agreed on defining artificial general intelligence (AGI) by profits exceeding $100 billion, a financial benchmark that differs from traditional definitions. This means OpenAI won't be deemed to have reached AGI for many years, as it projects its first profit by 2029 while currently facing significant losses. The agreement ensures Microsoft's access to OpenAI's technology until AGI is achieved, countering speculation of premature declarations by OpenAI.

The debate around OpenAI's latest model, o3, underscores performance gains overshadowed by high compute costs, challenging their profit-driven AGI definition. This internal agreement highlights the contrast between financial goals and technical achievements. The unique profit-based definition suggests OpenAI's focus on long-term financial viability, even as it grapples with significant current losses.

KEEP UP WITH THE INNOVATIVE AI TECH TRANSFORMING BUSINESS

Datagrom keeps business leaders up-to-date on the latest AI innovations, automation advances,
policy shifts, and more, so they can make informed decisions about AI tech.