OpenAI and Microsoft have put a price tag on what it means to achieve AGI: report
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- OpenAI and Microsoft have an internal definition for AGI, per The Information.
- The two companies agreed to define AGI as a system that can generate $100 billion in profits.
- OpenAI says on its website that AGI refers to AI systems that are smarter than humans.
OpenAI and Microsoft have a definition for artificial general intelligence, and it hinges on the money the emerging technology can bring in.
The two companies signed an agreement in 2023 that defined AGI as a system that can generate $100 billion in profits, The Information reported on Thursday, citing documents it had obtained.
OpenAI has, however, publicly defined AGI on its website as "a highly autonomous system that outperforms humans at most economically valuable work."
The ChatGPT maker added that its nonprofit board would decide whether AGI has been achieved.
"Such a system is excluded from IP licenses and other commercial terms with Microsoft, which only apply to pre-AGI technology," the company wrote on its website.
OpenAI and Microsoft did not respond to Business Insider's request for comment.
Based on its agreement with Microsoft, OpenAI still has some way to go before it can achieve AGI.
The company expects to accumulate losses of around $44 billion between 2023 to 2028, and could hit $100 billion in revenue in 2029, The Information reported in October, citing financial documents it had obtained.
"My guess is we will hit AGI sooner than most people in the world think and it will matter much less," OpenAI CEO Sam Altman said during an interview with Andrew Ross Sorkin at The New York Times DealBook Summit on December 4.
In November, Bloomberg reported that OpenAI is in preliminary talks with California's attorney general's office about becoming a for-profit company.
OpenAI was initially launched as a nonprofit research organization in 2015. The company closed a $6.6 billion funding round in October, valuing it at $157 billion.