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Why ChatGPT Turned OpenAI Into A $80 Billion AI Leader

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The company behind the popular artificial intelligence chatbot, ChatGPT, OpenAI was founded as a nonprofit in 2015 by a number of researchers, academics and entrepreneurs including Sam Altman, Greg Brochman and Elon Musk. Musk left OpenAI in 2018 and now has his own artificial intelligence company called xAI.

In its early years, OpenAI flew somewhat under the radar, at least from the point of view of the general public. The company released its first project in 2016, a toolkit called “OpenAI Gym” used for developing and comparing reinforcement learning algorithms. That same year, OpenAI also released Universe, a tool to train intelligent agents on websites and gaming platforms. But the release of ChatGPT in 2022 is what propelled the company to stardom. Today, OpenAI is valued at over $80 billion and counts Microsoft, which has invested around $13 billion into OpenAI since 2019, as a major supporter and partner. But OpenAI’s wild success has also raised concerns from regulators and experts who question the outsized power that artificial intelligence companies and Big Tech could have on our society as well as the toll that the technology could take on our power grid.

Chapters:
00:00 Introduction
01:10 Principles and profit
04:48 OpenAI enters the zeitgeist
06:16 Generative AI in the wild
10:16 OpenAI and Big Tech
11:49 Lingering questions and scrutiny

Produced and edited by: Magdalena Petrova
Animation: Christina Locopo, Emily Rabbideau, Jason Reginato
Camera: Kaan Oguz
Supervising Producer: Jeniece Pettitt
Additional Footage: Getty Images

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Why ChatGPT Turned OpenAI Into A $80 Billion AI Leader

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Why Toll Text Scams Are Out Of Control

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The FBI has issued a warning against “smishing”, which are text-based scams that people all over the country are receiving on their phones. Scammers are impersonating the agencies and companies that collect money for tolls parking tickets, credit card payments, bank notices, phone bills. Some scams are even fake anti-scam warnings. Smishing or text fraud is a new kind of old crime and it is enabled by the rise of smartphones and cashless billing. CNBC talked to toll collectors and crime experts about the rise of this problem, how to know a text is fake, and what to do about it.

Chapters:
0:00 – 01:08 Introduction
01:14 Chapter 1 – The scam
8:10 Chapter 2 – The perpetrators
10:19 Chapter 3 – How to protect yourself

Producer: Robert Ferris
Editor: Nic Golden Henry
Animation: Andrea Schmitz
Senior Managing Producer: Tala Hadavi
Camera: Jordan Smith and Natalie Rice
Senior Director of Video: Jeniece Pettitt
Additional footage: Getty Images
Additional sources: Federal Bureau of Investigation

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How China Could Beat The U.S. To Nuclear Fusion, As AI Power Needs Surge

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Despite decades of U.S. leadership in nuclear fusion, China is now spending twice as much and building projects faster to beat the U.S. to commercial fusion power. The elusive, limitless, clean energy source has seen a rapid influx of private funds as AI power demands surge, with billions from the likes of OpenAI’s Sam Altman, Microsoft and Google. But Satellite images show China is rapidly building giant new fusion projects, while cornering the supply chain and talent pool to get there first.

Chapters:
0:00 Introduction
2:25 American born
6:08 Money, size and speed
9:01 Manpower and materials
11:07 Private sector power

Produced and shot by: Katie Tarasov
Edited by: Evan Lee Miller
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato
Additional Footage: Commonwealth Fusion Systems, Fusion Industry Association, General Atomics, Getty Images, Helion, Lawrence Livermore National Lab, Planet Labs, Michael Livingston/PPPL, NASA, TAE Technologies

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How China Could Beat The U.S. To Nuclear Fusion, As AI Power Needs Surge

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H-1B Visa Debate: Are Foreign Workers Taking American Tech Jobs?

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The U.S. faces a growing demand for skilled workers, particularly in STEM fields with a need for 1 million more STEM workers by 2033. The H-1B visa program, created in 1990, helps fill this gap by allowing businesses to temporarily hire foreign workers in specialized fields, with 85,000 visas available annually. Tech companies like Amazon, Google, Meta and Microsoft are some of the largest users of the program eager to hire foreign workers. Supporters argue it boosts innovation and creates U.S. jobs, while detractors contend it takes jobs from American workers.

Chapters:
0:00 Introduction
2:29 Chapter 1. The debate
5:34 Chapter 2. Living on a H-1B visa

Produced by: DeLon Thornton
Edited by: Matthew Soto
Senior Managing Producer: Shawn Baldwin
Graphics by: Jason Regniato
Additional Footage: Getty Images

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Will Live Shopping On TikTok, Amazon And YouTube Take Off In The U.S.?

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Livestream shopping took China by storm during the pandemic, growing into an estimated $423 billion market in 2022. Think of it like QVC, but entirely online and hosted by famous influencers with millions of followers. The trend has caught on more slowly in the U.S., but now Amazon, TikTok, YouTube and Shopify are making big investments in hopes it takes off. CNBC goes behind the scenes with creators like Myriam Sandler to find out what it’s like to sell via livestream, and what it’ll take for the emerging model to become a mainstream way that U.S. consumers shop.

Check out Myriam’s content here: @MOTHERCOULD

Chapters:
2:04 — QVC reinvented
5:08 — How Amazon Live works
8:30 — Amazon vs. TikTok and YouTube
12:48 — Innovations and obstacles

Produced by: Katie Tarasov
Edited by: Amy Marino
Supervising Producer: Jeniece Pettitt
Graphics by: Mallory Brangan

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When Will Inflation Finally End?

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When will soaring inflation finally come to an end? Economists weigh what’s ahead and provide their valuable insights into what’s in store for 2023.

It’s the question on the minds of market watchers, economists and consumers alike: When will sky-high prices fall back down to Earth? There are hints that the worst of the U.S.’s bout with inflation may be in the past. Still, some experts are concerned that the historic pace of interest rate hikes from the Fed, aimed at cooling down the hot economy, could spur a recession once the dust settles.

“It’s probably going to be lower next year. How much lower is it? We’re not quite sure. Inflation can be very hard to predict,” Kevin Kliesen, business economist and research officer at the Federal Reserve Bank of St. Louis, told CNBC in an interview.

Watch the video above to find out when experts think high inflation could finally come to an end, and whether the U.S. will need to enter a recession to get there.

Chapters:
0:00 Introduction
0:42 Chapter 1
3:14 Chapter 2
5:56 Chapter 3:

Produced by: Noah Higgins-Dunn
Supervising Producer: Jeff Morganteen
Graphics by: Mallory Brangan

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When Will Inflation Finally End?

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