OpenAI Explores New Revenue Streams in Pharma: Plans "Investment Plus Royalty" Model to Target AI-Driven Biotech Innovation

Stock News02-04

According to information obtained by Zhitong Finance APP, OpenAI CEO Sam Altman indicated that the company is considering investing in or subsidizing firms that heavily utilize its artificial intelligence technology for discovering new drugs or therapies, and may charge corresponding patent royalties. Speaking at the Cisco Systems AI conference on Tuesday, Altman stated that AI developers could opt to partner with pharmaceutical companies to share the costs of using their AI models, and subsequently "receive some royalties" from the discoveries made by those companies. He mentioned that the developer of ChatGPT currently has no such partnerships in place. "We are not doing that right now, but I think the frontier of scientific discovery with AI will require so much capital that in some cases, we might view ourselves as an investor," he said. OpenAI and its competitors, such as Alphabet (GOOGL.US)-owned Google and Anthropic, are increasingly focusing on AI applications in science and healthcare—ranging from using the technology to help guide new drug research to reviewing personal medical data. Altman's comments provide the market with clearer insight into how the company views monetizing its technological breakthroughs. Last month at the World Economic Forum in Davos, OpenAI Chief Financial Officer Sarah Friar had stated that the company would take a share of the proceeds from discoveries achieved using its AI software. However, Altman clarified that OpenAI will not charge customers who merely use its models via an application programming interface (API).

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