[Post 861] Why ChatGPT Turned OpenAI Into A $80 Billion AI Leader

Summary

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.

[Post 860] How I Grew A $100K A Year Business Without A College Degree

Summary 

Anna-Marie Ortiz, 30, started a side hustle with her last $2,000 in savings in July 2023. A year later, Cool Aunt Cleaners brings in an average of $10,000 a month, and Anna's since quit her day job to run the business full-time. Here's how she did it.

[Post 859] I Make $87K A Year As An Undertaker — And I'm Wildly Happy

Summary

Victor M. Sweeney, 33, doesn't fear death. The licensed mortician and funeral director in Warren, Minnesota observed his first embalming at age 18. Here's a look at what it takes to do his job, and why he's happy with the way his life has turned out.

[Post 858] We Run A Motel That Brings In $412,000 A Year

Summary

Roxanna Harwood, 31, and her husband Chris Harwood, 38, own and operate the Wheels Motel in Greybull, Wyoming. Their home is connected to the motel and they live there with their 4-year-old son. Their business is on track to bring in around $412,000 in 2024.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

[Post 857] We Left The U.S. For Japan To Buy A $7,500 Abandoned Home

Summary

"The move is the best decision we ever made," says American couple Dani and Evan Benton. The millennial couple runs a guesthouse and honeybee farm on an island in Japan. Take a look inside.

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

[Post 856] How Warby Parker Grew From Eyeglasses Upstart To $1.8 Billion Business

Summary

In 2010, Warby Parker disrupted the $150 billion global eyewear industry with a pair of $95 glasses. Started by four business school students, the pioneering direct-to-consumer eyewear brand has now sold millions of pairs of glasses, both online and in 269 brick-and-mortar stores across the U.S. and Canada. It brought in nearly $670 million in revenue last year, and currently boasts a market value of $1.8 billion.

[Post 855] I Bought A $750K House At Age 23 - Here's How

Summary

Sharon Kim, 24, saw her homeownership dreams come true in early 2024. She partnered with her older brother and his wife to purchase a $750,000 home in New York. Here's how they did it.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.