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	<title>AI tools Archives - Cross-Border Magazine</title>
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	<title>AI tools Archives - Cross-Border Magazine</title>
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	<item>
		<title>Meta will launch Meta Movie Gen</title>
		<link>https://cross-border-magazine.com/meta-movie-gen/</link>
		
		<dc:creator><![CDATA[Frank Calviño]]></dc:creator>
		<pubDate>Wed, 09 Oct 2024 16:12:59 +0000</pubDate>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[AI Movies]]></category>
		<category><![CDATA[AI tools]]></category>
		<category><![CDATA[cross-border]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[meta]]></category>
		<category><![CDATA[online shopping]]></category>
		<guid isPermaLink="false">https://cross-border-magazine.com/?p=11404</guid>

					<description><![CDATA[<p>Meta will launch Meta Movie Gen, an AI-generation multimedia tool, offering creators tools to generate, customize, and edit videos and produce audio, all in high quality and with text descriptions....</p>
<p>The post <a href="https://cross-border-magazine.com/meta-movie-gen/">Meta will launch Meta Movie Gen</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
]]></description>
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<figure class="wp-block-image size-large"><a href="https://cross-border-magazine.com/wp-content/uploads/2024/10/metamoviegen.png"><img fetchpriority="high" decoding="async" width="1024" height="576" src="https://cross-border-magazine.com/wp-content/uploads/2024/10/metamoviegen-1024x576.png" alt="" class="wp-image-11405" srcset="https://cross-border-magazine.com/wp-content/uploads/2024/10/metamoviegen-1024x576.png 1024w, https://cross-border-magazine.com/wp-content/uploads/2024/10/metamoviegen-300x169.png 300w, https://cross-border-magazine.com/wp-content/uploads/2024/10/metamoviegen-768x432.png 768w, https://cross-border-magazine.com/wp-content/uploads/2024/10/metamoviegen-780x439.png 780w, https://cross-border-magazine.com/wp-content/uploads/2024/10/metamoviegen-1190x669.png 1190w, https://cross-border-magazine.com/wp-content/uploads/2024/10/metamoviegen.png 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



<p class="wp-block-paragraph">Meta will launch Meta Movie Gen, an AI-generation multimedia tool, offering creators tools to generate, customize, and edit videos and produce audio, all in high quality and with text descriptions. Specifically, Meta Movie Gen is the third generation of Meta's foundational models, which the company targets content creators and filmmakers as a tool to help drive their creativity rather than replace it.</p>



<p class="wp-block-paragraph">As the company explains on its official blog, the models it includes have been trained with licensed and other publicly available datasets to offer four capabilities: video generation, custom video generation, precise video editing, and audio generation.</p>



<p class="wp-block-paragraph">Regarding video generation, the model uses a 30 billion parameter transformer to produce high-quality videos of up to 16 seconds at a rate of 16 frames per second from a text description.</p>



<p class="wp-block-paragraph">As Meta notes, “the model can reason about object motion, subject-object interactions, and camera motion, and can learn plausible motions for a wide variety of concepts.” Meta Movie Gen models also generate personalized videos based on an image of a person and a description. This is coupled with the ability to edit with localized or more general actions and accurate results.</p>



<h2 class="wp-block-heading">Meta Movie wants to be a multimedia ‘total solution’&nbsp;</h2>



<p class="wp-block-paragraph">Meta Movie Gen also generates audio; it is Meta’s vision to turn this into a full multimedia ‘total solution’. Specifically, it uses a 13 billion parameter model that produces high-quality video from either a base video or a text description. The output is up to 45 seconds long and includes ambient sound, sound effects, and instrumental background music. This model can also generate coherent audio for videos of arbitrary lengths.</p>



<p class="wp-block-paragraph">In addition, the company stresses that as they continue to improve their models and move closer to a possible future release, “we will work closely with filmmakers and creators to integrate their feedback.” “By taking a collaborative approach, we want to make sure we create tools that help people enhance their inherent creativity in new ways they never dreamed possible. Imagine animating a 'day in the life' video to share on Reels and editing it using text messaging, or creating a personalized animated birthday greeting for a friend and sending it to them via WhatsApp,” adds Meta.</p>
<p>The post <a href="https://cross-border-magazine.com/meta-movie-gen/">Meta will launch Meta Movie Gen</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
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		<title>Transform or fall behind: the urgency of AI literacy in modern organizations</title>
		<link>https://cross-border-magazine.com/ai-literacy-tools/</link>
		
		<dc:creator><![CDATA[Frank Calviño]]></dc:creator>
		<pubDate>Tue, 02 Jul 2024 09:17:13 +0000</pubDate>
				<category><![CDATA[Guest Blog]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[AI advisor]]></category>
		<category><![CDATA[AI literacy]]></category>
		<category><![CDATA[AI tools]]></category>
		<category><![CDATA[cross-border]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[online shopping]]></category>
		<guid isPermaLink="false">https://cross-border-magazine.com/?p=11067</guid>

					<description><![CDATA[<p>Invitation to AI Empowerment Workshop by Vor der Welle AI By Johanna Mager - AI literacy is becoming a key competency that individuals and organizations must embrace to navigate and...</p>
<p>The post <a href="https://cross-border-magazine.com/ai-literacy-tools/">Transform or fall behind: the urgency of AI literacy in modern organizations</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<figure class="wp-block-image size-large is-resized"><a href="https://cross-border-magazine.com/wp-content/uploads/2024/07/crossbordermagazine-header-24.png"><img decoding="async" width="1024" height="576" src="https://cross-border-magazine.com/wp-content/uploads/2024/07/crossbordermagazine-header-24-1024x576.png" alt="" class="wp-image-11068" style="width:840px;height:auto" srcset="https://cross-border-magazine.com/wp-content/uploads/2024/07/crossbordermagazine-header-24-1024x576.png 1024w, https://cross-border-magazine.com/wp-content/uploads/2024/07/crossbordermagazine-header-24-300x169.png 300w, https://cross-border-magazine.com/wp-content/uploads/2024/07/crossbordermagazine-header-24-768x432.png 768w, https://cross-border-magazine.com/wp-content/uploads/2024/07/crossbordermagazine-header-24-780x439.png 780w, https://cross-border-magazine.com/wp-content/uploads/2024/07/crossbordermagazine-header-24-1190x669.png 1190w, https://cross-border-magazine.com/wp-content/uploads/2024/07/crossbordermagazine-header-24.png 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>



<p class="wp-block-paragraph">Invitation to AI Empowerment Workshop by <a href="https://www.vorderwelle.ai/en">Vor der Welle AI</a></p>



<p class="wp-block-paragraph">By <strong>Johanna Mager</strong> - AI literacy is becoming a key competency that individuals and organizations must embrace to navigate and master the evolving technological landscape. As readers of the Cross Border Magazine, you are well aware of the importance of staying ahead in the global market. Understanding and applying AI daily can free you up to focus on what you are truly good at, thus fostering innovation and efficiency.</p>



<p class="wp-block-paragraph">It is a fact that AI and its capabilities are growing exponentially and that virtually every organizations feels that pressure to do something with it.&nbsp; Despite this pressure most organizations seem paralyzed (to not say ignorant), some others have some kind of AI initiatives going on that are, honestly speaking, surprisingly underwhelming in their impact. And then there are a few others that are doing it in a really innovative and smart way - they ask themselves: how do we become an AI Literate Organisation?</p>



<h1 class="wp-block-heading">What is AI literacy?</h1>



<p class="wp-block-paragraph">AI literacy encompasses a range of competencies that enable individuals to critically evaluate AI technologies, communicate and collaborate effectively with AI, and use AI as a tool in various contexts—online, at home, and in the workplace. It builds upon existing literacies such as:</p>



<ul class="wp-block-list">
<li><strong>Digital literacy:</strong> The ability to use, understand, and critically evaluate digital technologies.</li>



<li><strong>Computer literacy:</strong> Understanding and using computer programs, including basic programming knowledge.</li>



<li><strong>Scientific literacy:</strong> A basic understanding of natural sciences and their methodologies.</li>



<li><strong>Data literacy:</strong> The ability to handle, analyze, and interpret data, and make informed decisions based on it.</li>
</ul>



<p class="wp-block-paragraph">AI literacy expands these literacies by adding specific skills and knowledge about artificial intelligence, such as understanding how AI systems work, recognizing the ethical implications of AI, and knowing how to utilize AI effectively in various aspects of life and work.</p>



<h1 class="wp-block-heading">AI literacy is for everyone</h1>



<p class="wp-block-paragraph">The idea that AI literacy is not only for tech enthusiasts or specialists but for everyone is essential. AI is now integrated into so many areas of our lives, from virtual assistants to recommendation systems. If we understand how these technologies work, we can use them better and more responsibly.</p>



<p class="wp-block-paragraph">Knowledge of AI empowers individuals to make informed decisions, whether it's evaluating news sources, understanding privacy implications, or leveraging AI for personal productivity.</p>



<p class="wp-block-paragraph">By integrating AI into their workflows, individuals can unlock new levels of creativity and innovation, solving problems more efficiently and exploring new opportunities.</p>



<h1 class="wp-block-heading">Why organizations need AI literacy</h1>



<p class="wp-block-paragraph">For organizations, integrating AI is a transformative challenge. It’s a shift in thinking and a profound change of how things are done. Viewing AI only as a tool for tech enthusiasts misses the chance to leverage significant market opportunities and outpace competitors.</p>



<p class="wp-block-paragraph">The change begins with small, often repetitive tasks that burden our daily lives. By automating these through AI, we create room for creativity and efficiency. The real magic lies in delegating these small tasks to bring forth our actual strengths and qualities.</p>



<p class="wp-block-paragraph">How can AI literacy look in daily life? For instance, by understanding how AI tools can support our work processes, whether it's in brainstorming, writing texts, or even structuring projects.</p>



<h1 class="wp-block-heading">AI is not a technical challenge, it is a transformative one&nbsp;</h1>



<p class="wp-block-paragraph">Organizations must overcome common barriers such as privacy concerns, job security fears, and resistance to change. This requires a mindset shift toward seeing AI as a partner in a dynamic and creative dialogue, rather than a threat. Away from ‘prompts’ towards having an actual ‘dialogue’ with AI, as if it were human.&nbsp;</p>



<p class="wp-block-paragraph">By understanding the basics of AI, we can identify and evaluate its applications in our lives, address ethical questions, and comprehend its impact on society. This shift from feeling overwhelmed to taking informed action is crucial in regaining control in an ever-faster world.</p>



<h1 class="wp-block-heading">Join our upcoming AI Empowerment Workshop</h1>



<p class="wp-block-paragraph">To support your journey in AI literacy, join our interactive AI Empowerment Workshop on July 11, 2024. This workshop is designed to provide practical insights and strategies for integrating AI into your business processes. Register now at Unleash AI Workshop and use the exclusive code CBM50 for a 50% discount. Don’t miss this opportunity to stay ahead in the AI-driven world.</p>



<p class="wp-block-paragraph">Learn more and register at <a href="https://www.vorderwelle.ai/en"><strong>Vor der Welle AI</strong></a>.&nbsp;</p>



<p class="wp-block-paragraph">Date: 11th of July 2024<br>Time: 09:00 - 13:00<br>Place: online<br>Costs: EUR 349,00 ex. VAT</p>



<p class="wp-block-paragraph"><em>Exclusive for Cross Border Magazine readers, use code CBM50 to get a 50% discount.</em></p>



<p class="wp-block-paragraph"><em>Please come! It´s worth the time investment and we promise you it will save you at least double of the time you invested already in the next month.</em></p>



<h1 class="wp-block-heading">Do the work and learn AI</h1>



<p class="wp-block-paragraph">Doing the work and becoming AI literate is an essential component of education and understanding our world. It allows us to actively and knowledgeably participate in shaping our future. For organizations, this means fostering an AI-first culture that encourages innovation and positions them as leaders in their respective industries. By integrating AI into daily operations, companies can achieve efficiency gains, develop new solutions, and establish themselves as innovators in the global market.</p>



<p class="wp-block-paragraph">This approach not only maximizes the potential of AI but also ensures that organizations are well-equipped to ride the AI wave rather than being swept away by it. Embracing AI literacy is not just about keeping up with technological advancements; it's about leading the way in a rapidly changing world.</p>



<p class="wp-block-paragraph">I wonder, how many of us have already recognized the full potential of AI?<br>Are you ready to take this step and see AI as an ally instead of a threat?</p>



<p class="wp-block-paragraph"><strong>About: Johanna Mager</strong></p>


<div class="wp-block-image">
<figure class="aligncenter size-full is-resized"><a href="https://cross-border-magazine.com/wp-content/uploads/2024/07/johana.png"><img decoding="async" width="500" height="500" src="https://cross-border-magazine.com/wp-content/uploads/2024/07/johana.png" alt="" class="wp-image-11072" style="width:228px;height:auto" srcset="https://cross-border-magazine.com/wp-content/uploads/2024/07/johana.png 500w, https://cross-border-magazine.com/wp-content/uploads/2024/07/johana-300x300.png 300w, https://cross-border-magazine.com/wp-content/uploads/2024/07/johana-150x150.png 150w" sizes="(max-width: 500px) 100vw, 500px" /></a></figure>
</div>


<p class="wp-block-paragraph">Johanna Mager is a passionate strategic consultant with two decades of experience in marketing and sales. Originally from Germany and now residing in the Netherlands, Johanna combines her cultural insights and professional expertise to help businesses achieve holistic growth. </p>



<p class="wp-block-paragraph">With a keen interest in emerging technologies, Johanna has recently delved into the transformative power of artificial intelligence. Johanna is dedicated to empowering professionals to leverage AI for innovation and success in the modern market.</p>
<p>The post <a href="https://cross-border-magazine.com/ai-literacy-tools/">Transform or fall behind: the urgency of AI literacy in modern organizations</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
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		<item>
		<title>Meta launched Llama 3 and claimed “it will be the most potent free-use AI model”</title>
		<link>https://cross-border-magazine.com/meta-launched-llama-3/</link>
		
		<dc:creator><![CDATA[Frank Calviño]]></dc:creator>
		<pubDate>Mon, 22 Apr 2024 08:15:29 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[AI model]]></category>
		<category><![CDATA[AI tools]]></category>
		<category><![CDATA[cross-border]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Llama 3]]></category>
		<category><![CDATA[meta]]></category>
		<category><![CDATA[online shopping]]></category>
		<category><![CDATA[social media]]></category>
		<guid isPermaLink="false">https://cross-border-magazine.com/?p=10884</guid>

					<description><![CDATA[<p>Meta has launched Llama 3, its most powerful AI so far, which it claims “has no rival among AIs that can be used for free,” and to prove it is...</p>
<p>The post <a href="https://cross-border-magazine.com/meta-launched-llama-3/">Meta launched Llama 3 and claimed “it will be the most potent free-use AI model”</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
]]></description>
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<figure class="wp-block-image size-large"><a href="https://cross-border-magazine.com/wp-content/uploads/2024/04/llama3.png"><img loading="lazy" decoding="async" width="1024" height="576" src="https://cross-border-magazine.com/wp-content/uploads/2024/04/llama3-1024x576.png" alt="" class="wp-image-10885" srcset="https://cross-border-magazine.com/wp-content/uploads/2024/04/llama3-1024x576.png 1024w, https://cross-border-magazine.com/wp-content/uploads/2024/04/llama3-300x169.png 300w, https://cross-border-magazine.com/wp-content/uploads/2024/04/llama3-768x432.png 768w, https://cross-border-magazine.com/wp-content/uploads/2024/04/llama3-780x439.png 780w, https://cross-border-magazine.com/wp-content/uploads/2024/04/llama3-1190x669.png 1190w, https://cross-border-magazine.com/wp-content/uploads/2024/04/llama3.png 1280w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></a></figure>



<p class="wp-block-paragraph">Meta has launched Llama 3, its most powerful AI so far, which it claims “has no rival among AIs that can be used for free,” and to prove it is already integrating it into Instagram, Facebook, WhatsApp, and Messenger.</p>



<p class="wp-block-paragraph">Meta’s Llama 3 is an open-source AI model that boasts of having the community as its main pillar, thanks to the “Meta open and transparent approach” claims Zuckerberg’s company.&nbsp;</p>



<p class="wp-block-paragraph">The Llama 3 assistant will be able to be used in feeds, chats, and Meta app searches. Moreover, Meta promises that this assistant will be faster when generating images, as it will be able to produce them as the user types in the chatbot.</p>



<p class="wp-block-paragraph">Llama 3 is a version that features previously trained language models tuned to 8B and 70B parameter instructions. The company promises several new capabilities for this new model in the coming months, including longer context windows, additional model sizes, and improved performance. However, Llama 3 already enjoys improved reasoning capabilities over the previous generation.</p>



<h2 class="wp-block-heading">Llama 3: Multilingual and multimodal&nbsp;</h2>



<p class="wp-block-paragraph">Meta aims to make Llama 3 multilingual and multimodal, allowing it to enjoy a broader context and improve performance in aspects such as reasoning or coding. So much so that Llama 3 will be available on all platforms, such as AWS, Databricks or Vertex AI; it will even be the basis of Meta AI, Meta's leading assistant that will permeate other company services.</p>



<p class="wp-block-paragraph">Meta AI is available in English in more than a dozen countries outside the U.S., including Australia, Canada, Ghana, Jamaica, Malawi, New Zealand, Nigeria, Pakistan, Singapore, South Africa, Uganda, Zambia, and Zimbabwe.&nbsp;</p>



<p class="wp-block-paragraph">“Meta AI is better than ever. We're excited to share our next-generation assistant with even more people and can't wait to see how it improves people's lives,” Meta stresses. While these updates are specific to Meta AI on Facebook, Instagram, WhatsApp, Messenger and the web, “Meta AI is also available in the U.S. on Ray-Ban Meta smart glasses and will be coming to Meta Quest. We'll have more to share in the coming weeks,” they assure.</p>
<p>The post <a href="https://cross-border-magazine.com/meta-launched-llama-3/">Meta launched Llama 3 and claimed “it will be the most potent free-use AI model”</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
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		<title>Meet EMA, an AI-Expert Marketplace Advisor</title>
		<link>https://cross-border-magazine.com/ema-marketplace-advisor/</link>
		
		<dc:creator><![CDATA[Frank Calviño]]></dc:creator>
		<pubDate>Thu, 18 Jan 2024 14:30:03 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[AI advisor]]></category>
		<category><![CDATA[AI tools]]></category>
		<category><![CDATA[cross-border]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[EMA]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[marketplace]]></category>
		<category><![CDATA[online shopping]]></category>
		<category><![CDATA[USA]]></category>
		<guid isPermaLink="false">https://cross-border-magazine.com/?p=10613</guid>

					<description><![CDATA[<p>Innova Digital Export has launched EMA, an Expert Marketplace Advisor agent that claims to help you find the ideal marketplace by differentiating between products, geographic areas, and target audiences, among...</p>
<p>The post <a href="https://cross-border-magazine.com/ema-marketplace-advisor/">Meet EMA, an AI-Expert Marketplace Advisor</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
]]></description>
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<figure class="wp-block-image size-large"><a href="https://cross-border-magazine.com/wp-content/uploads/2024/01/emaai-2.png"><img loading="lazy" decoding="async" width="1024" height="576" src="https://cross-border-magazine.com/wp-content/uploads/2024/01/emaai-2-1024x576.png" alt="" class="wp-image-10614" srcset="https://cross-border-magazine.com/wp-content/uploads/2024/01/emaai-2-1024x576.png 1024w, https://cross-border-magazine.com/wp-content/uploads/2024/01/emaai-2-300x169.png 300w, https://cross-border-magazine.com/wp-content/uploads/2024/01/emaai-2-768x432.png 768w, https://cross-border-magazine.com/wp-content/uploads/2024/01/emaai-2-780x439.png 780w, https://cross-border-magazine.com/wp-content/uploads/2024/01/emaai-2-1190x669.png 1190w, https://cross-border-magazine.com/wp-content/uploads/2024/01/emaai-2.png 1280w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></a></figure>



<p class="wp-block-paragraph">Innova Digital Export has launched EMA, an Expert Marketplace Advisor agent that claims to help you find the ideal marketplace by differentiating between products, geographic areas, and target audiences, among other features.</p>



<p class="wp-block-paragraph">Innova has enriched EMA with its database available in MarketsPlaza, and together with the complementary hand of artificial intelligence through ChatGPT-4, it has been possible to develop a model capable of differentiating among the thousands of marketplaces located around the world and offering personalized recommendations to those companies that want to expand their horizons.</p>



<p class="wp-block-paragraph">The model studies the product, the category or sector, the desired target audience, the geographical area, and the needs of users to, after a complete search, propose the TOP 5 ideal marketplaces for the sale of these products or services in the chosen destination (plus a list of other marketplaces that may be of interest).&nbsp;</p>



<h2 class="wp-block-heading">EMA provides a full marketplace advisory&nbsp;</h2>



<p class="wp-block-paragraph">But EMA goes further and even provides additional information of interest of those recommended marketplaces: rates, commissions, logistics.&nbsp;</p>



<p class="wp-block-paragraph">And, if the target market is China, get ready for a shower of very interesting information! It provides first-hand information on marketplaces as interesting as unknown to us as TMall, JD or Putaojiuwang, among others, thanks to the native Chinese team of the developer company.&nbsp;&nbsp;</p>



<p class="wp-block-paragraph">This solution represents a step forward in digital export and how to use artificial intelligence to help companies that want to launch abroad but need to know the wide possibilities they have in each destination, EMA will be the guide to start this path.</p>



<p class="wp-block-paragraph">We leave you the website of its creators, <a href="https://www.innovaexport.com/ema-recomendador-marketplaces-chatgpt/">Innova Digital Export</a>, so you can check it out and see if it's a good fit for your business.&nbsp;</p>
<p>The post <a href="https://cross-border-magazine.com/ema-marketplace-advisor/">Meet EMA, an AI-Expert Marketplace Advisor</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
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		<title>OpenAI aims to achieve a valuation of up to $90 billion</title>
		<link>https://cross-border-magazine.com/openai-valuation-over-90-billion/</link>
		
		<dc:creator><![CDATA[Frank Calviño]]></dc:creator>
		<pubDate>Fri, 29 Sep 2023 11:59:20 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[AI tools]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[OpenAI]]></category>
		<guid isPermaLink="false">https://cross-border-magazine.com/?p=10278</guid>

					<description><![CDATA[<p>OpenAI - the company that created ChatGPT - aims for a valuation of up to $90 billion, specifically, according to The Wall Street Journal. Currently, the firm is seeking investors...</p>
<p>The post <a href="https://cross-border-magazine.com/openai-valuation-over-90-billion/">OpenAI aims to achieve a valuation of up to $90 billion</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
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<figure class="wp-block-image size-large"><a href="https://cross-border-magazine.com/wp-content/uploads/2023/09/openai-valuation.png"><img loading="lazy" decoding="async" width="1024" height="576" src="https://cross-border-magazine.com/wp-content/uploads/2023/09/openai-valuation-1024x576.png" alt="" class="wp-image-10279" srcset="https://cross-border-magazine.com/wp-content/uploads/2023/09/openai-valuation-1024x576.png 1024w, https://cross-border-magazine.com/wp-content/uploads/2023/09/openai-valuation-300x169.png 300w, https://cross-border-magazine.com/wp-content/uploads/2023/09/openai-valuation-768x432.png 768w, https://cross-border-magazine.com/wp-content/uploads/2023/09/openai-valuation-780x439.png 780w, https://cross-border-magazine.com/wp-content/uploads/2023/09/openai-valuation-1190x669.png 1190w, https://cross-border-magazine.com/wp-content/uploads/2023/09/openai-valuation.png 1280w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></a></figure>



<p class="wp-block-paragraph">OpenAI - the company that created ChatGPT - aims for a valuation of up to $90 billion, specifically, according to The Wall Street Journal. Currently, the firm is seeking investors for a stock placement in which it sets a benchmark valuation between $80 billion and $90 billion.</p>



<p class="wp-block-paragraph">The newspaper underlines that the shares to be placed would come from those held by OpenAI employees. This would point to significant benefits for Microsoft, which controls 49% of the capital and agreed to an investment in OpenAI last January with a reference valuation of around $30 billion.</p>



<p class="wp-block-paragraph">According to TWSJ, the company has conveyed to potential investors that it expects to generate revenues of about $1 billion this 2023 and several billion in 2024.</p>



<p class="wp-block-paragraph">The stock sale deal would amount to several hundred million dollars from minority employee stakes. The valuation would make OpenAI one of the most valuable unlisted technology companies in the world.</p>



<h2 class="wp-block-heading">OpenAI value was raised by Microsoft&nbsp;</h2>



<p class="wp-block-paragraph">Recently Microsoft made a&nbsp; “multiyear, multibillion-dollar” investment in OpenAI valued at over $10 billion.&nbsp;</p>



<p class="wp-block-paragraph">Microsoft had already invested more than $3 billion in OpenAI, and the new deal reinforced Microsoft's public stand regarding AI implementation. So far, the company created by Bill Gates truly believes that AI companions and AI tools will be an integral part of our near future.&nbsp;</p>



<p class="wp-block-paragraph">In fact, in this same spirit, Microsoft has recently announced the launch of the Copilot AI ecosystem. A full-fledged network of solutions all controlled by the same AI assistant - the eponymous Copilot. The first of these solutions was already presented under the name of Microsoft 365 Chat, aiming at providing support to Microsoft suite users.</p>
<p>The post <a href="https://cross-border-magazine.com/openai-valuation-over-90-billion/">OpenAI aims to achieve a valuation of up to $90 billion</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
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