OpenAIis undoubtedly one of the most important companies today. The US-based company is leading the productive revolution in artificial intelligence with ChatGPT. Naturally, its value is estimated at billions of dollars. Months ago, information emerged that it was worth around 80 billion dollars. Currently, it can be estimated that this amount has increased even further.

The information revealed today shows that Intel, which is currently going through a very bad period, missed the OpenAI opportunity years ago. According to Reuters, the chip giant, citing sources familiar with the matter, He turned down the opportunity to own OpenAI.

OpenAI was not acquired because Intel’s CEO thought generative AI would not come to market quickly and the investment would be lost

Events in 2017 and 2018 happened. OpenAI was a non-profit research organization at the time. In 2019, it was transformed into a limited-profit organization, with its profits managed by a foundation that still exists.

Intel seized the opportunity to acquire shares in this newly formed company. The two parties discussed various options in 2017 and 2018. Even once A 15% stake in exchange for $1 billion in cash Alma is also included in this. Also from Intel 15% more share if it produces hardware There was also talk that he could get it. In other words, the chip giant could own OpenAI by acquiring a majority stake.

However, Intel CEO Bob Swan says that Generative artificial models will not be released in the near future and Intel’s investment “it will be lost” he thought. As we all know, what Swan thought did not happen, and just seven years later, productive artificial intelligence literally took over the world. So the CEO of Intel made one of the worst decisions in history.

Reuters sources say the reason OpenAI wants to receive investment from Intel is Reducing dependency on NVIDIA chips He also added that this was so. initiative, in this way its own infrastructure He wanted to create. However, this did not happen due to Intel’s unwillingness.

It should be noted that Intel had an incredibly bad quarter, with the tech giant dropping below $100 billion for the first time in three decades. In the last quarter Net loss of $1.68 billion The stock of the stricken company also suffered a huge drop of around 26%. At the same time, the company laid off 15,000 employees. If OpenAI had been acquired, Intel might never have experienced such days.