OpenAI, co-founded by Elon Musk, is facing economic losses due to its groundbreaking ChatGPT chatbot. The firm spent more than $540 million in 2020 to develop this AI solution, as Microsoft signed a multi-year, multi-billion-dollar deal with them early in 2021. OpenAI's expenses for 2021 were about $544.5 million, and CEO Sam Altman suggests an investment of up to $100 billion to achieve its goal of 'friendly AI'.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?