\u201cWhat has changed is, as is well publicized, OpenAI\u2019s internal financing context has become more challenging and they have made similar calls in the United States with their program there as well,\u201d he said.<\/p>\n
\u201cSo companies get in trouble, companies have challenges and financing commitments they\u2019ve made,\u201d he said.<\/p>\n
OpenAI declined to comment. Two weeks ago the company raised $122 billion<\/a>, giving it a valuation of\u00a0$852 billion. The FT<\/a> recently reported that some investors have expressed misgivings about the company\u2019s decisions as it seeks to stave off competition, although OpenAI denied that investors are unsupportive of its strategy.<\/p>\n Chi Onwurah, a Labour MP and chair of the U.K. parliament\u2019s Science, Innovation and Technology Committee, last week said OpenAI\u2019s decision should be viewed in light of the \u201cwider AI picture globally.\u201d <\/p>\n \u201cThere are certainly some problems in the OpenAI business model,\u201d she told BBC Radio 4.<\/p>\n The government needs to address high energy costs, but \u201cour energy costs, which are higher, aren\u2019t more higher than they were back in September when this announcement was made,\u201d she added.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cWhat has changed is, as is well publicized, OpenAI\u2019s internal financing context has become more challenging and they…\n","protected":false},"author":2,"featured_media":534336,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,57321,28051,3682,2453,465,86,56,54,55],"class_list":{"0":"post-534335","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-chi-onwurah","12":"tag-copyright","13":"tag-energy-prices","14":"tag-innovation","15":"tag-investment","16":"tag-technology","17":"tag-uk","18":"tag-united-kingdom","19":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/534335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=534335"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/534335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/534336"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=534335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=534335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=534335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}