OpenAI Seeks Global Expansion in US, France, and Asia | Coinspeaker

OpenAI Seeks Global Expansion in US, France, and Asia

Godfrey Benjamin By Godfrey Benjamin Julia Sakovich Edited by Julia Sakovich Updated 3 min read
OpenAI Seeks Global Expansion in US, France, and Asia
Photo: Depositphotos

OpenAI has plans to open new offices in Brussels, Paris, New York, Singapore and Seattle as part of its global expansion.

Key Notes

  • OpenAI is making a major push toward expanding its global presence.
  • The AI giant recently secured $6.6 million in funding.
  • It continues to dominate with new product launches.

Artificial Intelligence (AI) firm OpenAI is taking major steps towards expanding its operations globally. The Sam Altman-led firm has revealed plans to open new offices in the United States, France, and Asia. This marks a significant global milestone for the company, which recently bagged $6.6 billion in funding and increased its valuation to $157 billion.

According to the ChatGPT maker, the new offices will be located in NYC, Seattle, Paris, Brussels, and Singapore. This is in addition to the ongoing operations in the San Francisco, London, Dublin, and Tokyo offices.

OpenAI Fills New Position as Part of Global Expansion

Also, OpenAI has appointed Oliver Jay, a Managing Director in the AI firm, to lead this international expansion. His LinkedIn profile shows that Jay has extensive knowledge and experience in international markets. He was involved in building out Dropbox’s sales team. He also served at the Border of Asia’s Uber-analog Grab and was the Chief Revenue Officer at Asana.

A look at the OpenAI career page shows that some other positions are open as a result of the global expansion plan. OpenAI intends to make Singapore the home of its APAC office for regional operations as part of the expansion. Already, the firm has a footprint in the region after establishing its first Asian office in Tokyo earlier this year.

Operations are scheduled to kick off before the end of this year. Speaking at Singapore’s Tech Week conference, OpenAI’s Head of Policy in APAC, Sandy Kunvatanagarn, said:

“We really look forward to working with commercial partners, with government partners, as we grow our presence here, and really view this as a critical first step to our commitment to Singapore and to Asia more broadly.”

The news of the expansion has barely taken many by surprise. Only a few days ago, OpenAI secured $6.6 billion in funding from Microsoft Corporation and AI giant NVIDIA. Thrive Capital led the funding round with a significant contribution.

From a valuation of $86 billion at the beginning of this year, the AI firm announced a surge to $157 billion. Cathie Wood’s ARK Invest also joined the funding round.

Will OpenAI Launch GPT-5?

OpenAI may also pursue the launch of new products as it undergoes global expansion.

Two months ago, Cardano founder Charles Hoskinson hinted at the potential release of GPT-5. He formed his speculation based on a picture shared by Sam Altman, OpenAI CEO. The picture, which Altman captioned “I love summer in the garden”, showed lush, ripe strawberries drooping from a plant pot with succulent green leaves.

At the time, Hoskinson suggested that the new GPT iteration would launch in about 4-6 weeks. If OpenAI is truly trying to launch GPT-5, this may be the time.

The launch of the GPT-4o model is only about five months old, making OpenAI due for another iteration. This model, among other applications, can tell a story, provide strong feedback, and help solve a math problem.

The expectation is that a new model will come with more sophisticated features and functionalities.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Artificial Intelligence, News, Technology News
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

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