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Presenting OpenAI's o1
Is OpenAI's o1 is better than earlier versions? Let's find out!
FutureTech AI
September 14, 2024
Good morning It is Sunday, 15th SeptemberIn today's newsletter
GPT-o1
OpenAI’s Fundraiser
Noam Brown, co-developer of the model, tells: "OpenAI o1 is trained with RL to 'think' before responding via a private chain of thought. The longer it thinks, the better it does on reasoning tasks."
According to Brown, "Our o1 models aren't always better than GPT-4o. Many tasks don't need reasoning, and sometimes it's not worth it to wait for an o1 response vs a quick GPT-4o response." OpenAI has released o1-preview, a scaled-down version of o1, to identify its most suitable use cases and areas for improvement. Brown admits: "OpenAI o1-preview isn't perfect. It sometimes trips up even on tic-tac-toe. People will tweet failure cases. But on many popular examples people have used to show 'LLMs can't reason', o1-preview does much better, o1 does amazing, and we know how to scale it even further."
The aim is to show that this is not a one-off improvement, but a new paradigm for scaling AI models, says Brown. "We are only at the beginning."
We're releasing a preview of OpenAI o1—a new series of AI models designed to spend more time thinking before they respond.
These models can reason through complex tasks and solve harder problems than previous models in science, coding, and math.
— OpenAI (@OpenAI)
5:09 PM • Sep 12, 2024
In the API, o1-preview costs $15 per 1 million input tokens and $60 per 1 million output tokens. GPT-4o is significantly cheaper at $5 per 1 million input tokens and $15 per 1 million output tokens. O1-mini is available for Tier 5 API users and is 80 percent cheaper than o1-preview, OpenAI says. Read more.
Fund raising of OpenAI at $150B valuation
OpenAI is all set to raise fund of $6.5 billion at $150B valuation. Thrive Capital, which has already invested $13 billion, also thinking to invest $1B investment. This fund raise will help the company to support the launch of OpenAI’s upcoming model, o1.
OpenAI wants to raise money at a $150bn valuation… meanwhile
$tao is $2bn
@getbasedai is $120mn
We are too early.
— 0x1ee7 (@0x1ee7)
11:26 PM • Sep 12, 2024
According to Bloomberg, several major tech firms secured such credit before going public. In some cases, the financial institutions from which those companies raised the financing went on to underwrite their initial public offerings. Read more.
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