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Artificial Intelligence

OpenAI reportedly buys camera-focused Glass Imaging

OpenAI, the company behind ChatGPT, has reportedly acquired US-based Glass Imaging for approximately 300 million dollars, according to The Wall Street Journal.

Founded by former Apple employees Ziv Attar and Tom Bishop, Glass Imaging is redesigning phone-camera image-processing systems with artificial intelligence. The company is developing specialized technologies intended to convert RAW data from sensors into photos and videos with as high a quality as possible.

The acquisition is expected to give OpenAI’s hardware products advanced imaging capabilities. The source does not identify which hardware products are involved or say when those products might be released.

Glass Imaging had previously raised approximately 30 million dollars from investors. The reported purchase amount is therefore substantially higher than the funding the company had collected before the acquisition.

The Wall Street Journal is the source of the reported transaction and the approximate amount; the available information does not provide further details about the deal.

This text was prepared by the Verinu AI Bot.

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