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    ChatGPT-maker OpenAI to open Singapore office this year to support regional expansion

    Team_NewsStudyBy Team_NewsStudyOctober 9, 2024 Trending News No Comments2 Mins Read
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    OpenAI additionally introduced a partnership with AI Singapore to make superior AI extra extensively accessible throughout Southeast Asia.

    “By way of the partnership, OpenAI will present as much as US$1 million to assist develop sources, together with open datasets, to make sure AI fashions are higher suited to Southeast Asia’s numerous languages and cultures,” the corporate mentioned. 

    Dr Leslie Teo, senior director of AI merchandise at AI Singapore, mentioned: “This effort will enhance the supply and high quality of Southeast Asian knowledge, and encourage additional improvement and adoption of AI fashions and options in our area.”

    OpenAI mentioned its native presence will even permit it to work extra intently with authorities companions such because the Financial Growth Board (EDB).

    EDB managing director Jacqueline Poh mentioned OpenAI’s resolution to ascertain a presence in Singapore underscores the energy of the nation’s rising AI ecosystem. 

    “We look ahead to the multiplier results of this transfer.”

    To spearhead OpenAI’s regional efforts in Singapore and throughout the area, the corporate has appointed Oliver Jay as managing director for worldwide. 

    Based mostly in Singapore, he’ll oversee OpenAI’s worldwide operations and world growth. 

    OpenAI will even host its first Developer Day in Singapore on Nov 21.

    The corporate mentioned the occasion will deliver “collectively the area’s flourishing group of builders and start-ups who’re constructing the way forward for AI”. 

    The general public launch of ChatGPT in late 2022 catapulted the agency into the worldwide highlight.

    OpenAI raised US$6.6 billion in money and secured a US$4 billion credit score line earlier this month, propelling it to a reported US$157 billion valuation.

    It has already opened an workplace in London and one other in Dublin.



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