Business news from Ukraine

Business news from Ukraine

OpenAI and Uzbekistan launch partnership in education

Deputy Head of the Department for Financial Technologies, Digitalization and Artificial Intelligence of the Presidential Administration of Uzbekistan Hikmatilla Ubaidullaev said that the first working meeting with OpenAI representatives was held. Valerie Fokke, Dips Patel, Shaig Ali, and Carlotta Serrano, Heads of Education and Partnerships, participated in the meeting.

The main topic of the talks was the introduction of ChatGPT EDU platform for teachers and students. This tool will allow using powerful OpenAI language models in a secure environment, creating personalized learning materials and own AI assistants.

The parties paid special attention to personalized learning, where artificial intelligence helps to adapt the educational process to the individual characteristics of each student, such as their pace, level of knowledge, and interests. Such a system will allow teachers to quickly identify gaps, create individualized assignments, automate work checking, and reduce bureaucratic procedures.

It was agreed that OpenAI will not create a separate program but will join the national initiative 1 Million AI Leaders, supplementing it with its own courses and expertise. This will allow Uzbek schoolchildren, students, and teachers to master artificial intelligence technologies at the level of world standards.

A separate area of discussion was the support of local startups. OpenAI expressed its readiness to consider providing preferential access to APIs and loans, as well as participation in hackathons and acceleration programs in Uzbekistan. This will create additional opportunities for young teams developing their own AI products in education and business.

The Uzbek side also presented plans to create a GPU cluster and an Uzbek-language data corpus for localization and adaptation of AI models. OpenAI representatives noted that their systems already demonstrate a high level of understanding of the Uzbek language and expressed interest in further cooperation in this area.

Following the meeting, the parties agreed to prepare a roadmap for cooperation in three key areas:

1) implementation of ChatGPT EDU at universities;

2) development of mass AI education;

3) support for startups and hackathons.

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Chatbot developer GPT has become world’s most valuable private company

American OpenAI, the developer of the chatbot GPT, has become the most expensive private company in the world after the completion of a deal on the secondary sale of shares to investors with an estimated value of $500 billion, CNBC writes. The opportunity to sell their shares was given to employees of the company, who owned them for more than two years. A total of $6.6 billion worth of securities were sold, while the authorization provided for the sale of up to $10.3 billion.
The buyer of the shares was a consortium of investors, including Thrive Capital, SoftBank, Dragoneer Investment Group, MGX and T. Rowe Price.
OpenAI was valued at $300 billion during the investment round completed in April of this year.
The current calculation of OpenAI’s value makes it the most expensive private company in the world. Previously, SpaceX, valued at $456 billion, was considered to be such.

 

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