Content-Generating AI

• Published date: 22 February 2023
• Subject Matter: Intellectual Property, Technology, Patent, New Technology
• Law Firm: Cipher
• Author: Cipher &nbsp

Background

Content-generating AI has the potential to disrupt a wide range of knowledge and intelligence-based industries.

OpenAI has captured the public's imagination, but its lack of a defensive patent strategy, coupled with a projected revenue over $1bn in the near term, exposes it to material risks of inbound assertion from innovators and invention owners in this space.

Microsoft announced in January 2023 the third phase of a long-term partnership with OpenAI to accelerate AI breakthroughs. This investment, rumoured to be around $10bn, follows on from previous investments made in 2019 and 2021 and extends the companies' collaboration across AI super-computing and research.

So who are OpenAI and what are their aims?

OpenAI describes itself as an AI research and deployment company with a mission to ensure that artificial general intelligence benefits all of humanity.

The company was founded by tech investors including Peter Thiel, Elon Musk, Reid Hoffman and Sam Altman in 2015, with headquarters in San Francisco.

OpenAI recently went viral following the November 2022 launch of a free preview of its AI chatbot ChatGPT.

What is ChatGPT?

GPT stands for Generative Pre-trained Transformer.

It is based on a language model called GPT-3 which is trained on large open datasets and aimed at generating natural language answers to questions, but with other functions including translation and improvised text generation.

With OpenAI's projected revenues forecast to exceed $1bn by 2024, ChatGPT-3 has the potential to open up a whole new market around content-creating AI.

The chatbot has launched a completely new way to interact...