Listening: OpenAI to set up new office in Switzerland
OpenAI, the maker of ChatGPT, says it intends to set up an office in Zurich. The move is the latest development in the company's European expansion plans, after setting up offices in London, Paris, Brussels and Dublin.
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La firme liée à ChatGPT ouvre un bureau à Zurich
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OpenAI was founded in 2015 by entrepreneurs Elon Musk and Sam Altman. The company is now valued at approximately $157billion. Launched as a non-profit, OpenAI intends to become a for-profit public benefit corporation to attract more investors.
Musk jumped ship in 2018 and has since taken OpenAI to court on several occasions. He accuses the start-up of being a for-profit subsidiary of Microsoft.
By launching the first version of its chatbot ChatGPT in 2022, OpenAI gave the general public free access to generative AI technology for the first time. The group, headed by Sam Altman, is a world leader in the AI market.
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The arrival of AI firms, OpenAI and Anthropic, raises hopes that Switzerland has the firepower to forge a prominent role in the industry.
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