OpenAI Establishes London Outpost to Diversify Operations and Foster Growth

  • OpenAI, the organization behind ChatGPT, has chosen London to host its first international remote office, focussing on research and policy collaborations.
  • Reduced corporate taxes in the UK and potential to recruit world-class talents were key factors in the decision, alongside AI regulation differences between US and the UK.
  • The daily operational cost of ChatGPT is reportedly around $700,000, highlighting OpenAI’s efforts towards generating profit.
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