GPT Store’s Launch on Hold: Is OpenAI’s Leadership Shuffle to Blame for the 2024 Wait? – Microsoft (NASDAQ:MSFT)

OpenAI, the parent company of ChatGPT, has announced that it is delaying the launch of its GPT Store until early 2024. Initially scheduled for release this year, the postponement is likely a result of the leadership upheaval the company experienced in November.

The GPT Store, which was announced at OpenAI’s Dev Day conference, aims to provide improvements such as an enhanced configuration interface and debugged messages. However, the launch was met with skepticism due to unanswered questions about customer charges and developer compensation.

The delay in the store’s release is likely influenced by the recent leadership tussle and the approaching winter holidays. OpenAI’s CEO, Sam Altman, faced a temporary ousting following internal disagreements over a potentially hazardous AI discovery. However, after widespread support from employees and shareholders, Altman was swiftly reinstated.

Despite the postponement, customers can still create and share GPTs directly. However, these models will not be publicly listed or part of any revenue-sharing scheme until the store officially opens. This delay highlights the challenges OpenAI faces in introducing new products amidst internal changes and external expectations.

OpenAI has set ambitious revenue goals, aiming to generate over $1 billion in the next 12 months from selling AI software and computing capacity. The company’s partnership with Microsoft, which backed the artificial intelligence research organization, adds to its growth potential.

In terms of stock performance, Microsoft shares were down 0.60% at $372.10 in premarket trading on Monday.

Overall, while the delay in the GPT Store’s launch may disappoint some, it underscores OpenAI’s commitment to ensuring a well-rounded and successful product release. With its significant revenue goals and support from industry leaders like Microsoft, OpenAI remains a key player in the AI landscape.

Leave a Reply

Your email address will not be published. Required fields are marked *