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OpenAI enters Silicon Valley’s hot new business: War

Livemint

Livemint · 7m ago

OpenAI enters Silicon Valley’s hot new business: War

OpenAI, the world's most valuable AI company, has partnered with defense-tech startup Anduril Industries to incorporate its technology into counterdrone systems used by the U.S. military. This collaboration represents OpenAI's deepest involvement with the Defense Department and its first partnership with a commercial weapons maker. Although OpenAI still prohibits the use of its technology in offensive weapons, it has made deals for cybersecurity work and other projects with the military. The move reflects Silicon Valley's changing stance towards closer ties with the national security complex, with other tech companies also pursuing similar partnerships to bolster national security against countries like China.

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The 9-month-old AI startup challenging Silicon Valley’s giants

Livemint

Livemint · 1y ago

The 9-month-old AI startup challenging Silicon Valley’s giants

Arthur Mensch, the co-founder and CEO of Mistral AI, is challenging the idea that the winners in the AI race will come from US tech giants. His startup, valued at over $2 billion, aims to outmaneuver Silicon Valley titans by finding more efficient ways to build and deploy AI systems. Mistral plans to release a new AI model called Mistral Large, which costs less than $22 million to train, compared to the millions spent by companies like OpenAI. Mistral has attracted interest from corporate clients, including Microsoft, and has partnerships with companies like Salesforce and Nvidia.

Silicon Valley’s Next Mission: Help the U.S. Catch China and Russia in Hypersonic Weapons

Livemint

Livemint · 1y ago

Silicon Valley’s Next Mission: Help the U.S. Catch China and Russia in Hypersonic Weapons

Venture capitalists in Silicon Valley are investing hundreds of millions of dollars into the development of hypersonic weapons technology. The U.S. military has lagged behind China and Russia in the development of hypersonic missiles, leading to increased interest from Silicon Valley in filling this gap. Startups in the sector are pitching their expertise and private capital to lower costs for the Defense Department. Venture capitalists have invested over $500 million into U.S. hypersonic startups in the past two years. However, the commercial tech sector faces challenges in dealing with the complexities of the defense industry.

Has a new China-based AI model beaten Silicon Valley’s LLMs?

Economic Times

Economic Times · 1y ago

Has a new China-based AI model beaten Silicon Valley’s LLMs?

China-based AI startup 01.AI has achieved unicorn status with a valuation of $1 billion in less than eight months since its inception. The company has released its new large language model (LLM), Yi-34B, which outperforms Silicon Valley models on key metrics. Trained on 34 billion parameters, Yi-34B is an open-source model available to developers in Chinese and English. The model ranked first among pre-trained base LLMs, surpassing models from Meta and others. 01.AI aims to provide a superior alternative not only for the Chinese market but globally. The company plans to release more models in the future and expand its offerings to languages beyond Chinese and English.

Sam Altman wants to raise up to $7 trillion.

Business Insider

Business Insider · 1y ago

Sam Altman wants to raise up to $7 trillion.

OpenAI CEO Sam Altman plans to raise $5-7 trillion to build new chip factories for the company's computing power needs. Altman has met with officials from the United Arab Emirates to pitch his ambitious plan, which aims to ensure OpenAI has sufficient silicon chip manufacturing capacity. This funding requirement is considered extremely high for a relatively new company, with only a few initiatives globally costing trillions of dollars. Altman's plan aligns with the increasing demand for silicon chip factories worldwide, as highlighted by recent subsidies provided by the US government.

Altman drives ₹16-cr Koenigsegg car, Musk reacts as tweet says his firm is 'non-profit'

Hindustan Times

Hindustan Times · 12m ago

Altman drives ₹16-cr Koenigsegg car, Musk reacts as tweet says his firm is 'non-profit'

A video surfaced showing OpenAI CEO Sam Altman driving limited edition Koenigsegg Regera, which is one of the world's most exclusive and expensive hypercars. Sharing the video, Tesla Owners Silicon Valley tweeted, "How did OpenAI become a for-profit business when it was a non-profit?" Billionaire Elon Musk replied, "Great question." The car is said to be worth over ₹16 crore.

Airchat Is Silicon Valley’s Latest Obsession

Wired · 1y ago

Airchat Is Silicon Valley’s Latest Obsession

Airchat, a new app that combines the feed aspect of Twitter with the audio-first format of Clubhouse, experienced a surge in user sign-ups after a new version was released. Users can post voice notes to the app's feed, which are transcribed into text. The app has confounding elements, such as the inability to respond to every voice note or see every response in a given thread. Airchat also has AI capabilities, including quick and accurate transcription of voice notes. The creators insist they have no intention of using user data to create synthetic voice clones. The app's monetization plans and content moderation strategies are still unclear.

Microsoft offers jobs to OpenAI employees

Hindustan Times

Hindustan Times · 1y ago

Microsoft offers jobs to OpenAI employees

Recent reports from insiders of OpenAI is that Microsoft has offered jobs to all OpenAI employees who are willing to join after their lost confidence in their board which fired Sam Altman. This could lead to a free-fall of the hot OpenAI and chat-GPT. Speculations are that Microsoft will launch its own wing to compete with OpenAI's chat-GPT.

Sam Altman enters his power era

Business Insider

Business Insider · 1y ago

Sam Altman enters his power era

OpenAI CEO Sam Altman has returned stronger than ever after a failed coup attempt. Altman's charisma, communication skills, and dedication to the mission of creating artificial general intelligence have garnered him immense loyalty from OpenAI staff. Despite having no controlling shares in the company, Altman's influence and persuasive abilities have allowed him to regain his position. The support from employees and Microsoft's quick hire of Altman and co-founder Greg Brockman further reinforce his power. OpenAI's future seems tied to Altman, signaling a shift towards a more commercially-driven vision.

Quick Commerce Price Battle Intensifies As Flipkart Enters Blinkit & Swiggy’s Lane

Inc42 · 10m ago

Quick Commerce Price Battle Intensifies As Flipkart Enters Blinkit & Swiggy’s Lane

Flipkart's entry into the quick commerce space could lead to a price war as it aggressively discounts products on its Flipkart Minutes platform. UBS Research analysts note that prices on Flipkart Minutes are 10% lower, suggesting it may be a strategy to gain market entry. The competition is set to increase with Ola planning to tap into the $5 billion opportunity by automating dark store operations.

Chip startup UltraSense enters deal with Korean automotive supplier Mobase

Economic Times

Economic Times · 1y ago

Chip startup UltraSense enters deal with Korean automotive supplier Mobase

UltraSense Systems, a Silicon Valley startup, has secured a deal with South Korea's Mobase Electronics to supply its chips for cars set to launch in the coming year. UltraSense's chips use ultrasound waves to detect taps on solid surfaces, replacing traditional buttons. These chips will be integrated into button bars supplied by Mobase to automakers. The partnership aims to enhance the touch user experience in high-end Korean car models, with production starting in January and continuing throughout 2024.

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