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Investing in innovation is not without risk and there is no guarantee that investments in research and development will result in a company gaining market share or achieving enhanced revenue.
OpenAI is an artificial intelligence research laboratory consisting of the for-profit corporation OpenAI LP and its parent company, the non-profit OpenAI Inc. The company conducts research in the field of AI with the stated goal of promoting and developing friendly AI in a way that benefits humanity as a whole.
The following positions represent firm wide assets under management as of November 30, 2022: Apple, Inc. 3.00%; Intel Corporation 0.00%; OpenAI 0.00%.
The chart calculation of AI’s growth rates compares the training computation between Dropout (2012) and GPT-3 (2020), based on PetaFLOPS /day per second. PetaFLOPS is a unit of computing speed, equal to one quadrillion FLOPS (floating operations per second) and serves as a measure of computer performance. Dropout is a regularization technique for reducing overfitting in deep neural networks and was proposed by Hinton et al. in their paper “Dropout: A Simple Way to Prevent Neural Networks from Overfitting” in 2012. Generative Pre-trained Transformer 3 (GPT-3) is an autoregressive language model released in 2020 that uses deep learning to produce human-like text, developed by OpenAI. This calculation should be considered a rough estimate.
1 Apple company data (June 6, 2022, press release).
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