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It's - 2 — - 1 Sam Altman doesn't - 1 Altman - 1 Maia - 1 Jensen Huang - 1 Altman's - 1 Adam Niewinski - 1
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4 mentions found


☆ Sam Altman wants to solve the great AI chip shortage himself
  + stars: | 2024-01-23 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +5 min
That's according to a report from Bloomberg , which stated that Altman had been busy pitching heavyweight investors to back a new AI chip venture that would give his company a lot more control over its chip supply. AdvertisementBut a bunch of tech companies have started designing their own. In November, for instance, Microsoft unveiled its new Azure Maia AI chip , designed with large language model (LLM) training in mind. Despite this, Altman's plan has already won fans. "Building the best AI assistants, AIs for creators, AIs for businesses and more – that needs advances in every area of AI."
Persons: —, Sam Altman doesn't, Altman, Maia, Jensen Huang, Altman's, It's, Adam Niewinski, Mark Zuckerberg Organizations: Service, Business, Microsoft, Nvidia, Bloomberg, Intel, NVIDIA, Getty, Altman, OTB Ventures, AIs Locations: AFP
☆ An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO
  + stars: | 2023-09-22 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +3 min
Markiewicz's company uses artificial intelligence (AI) to help financial institutions fight these issues in a bid to cut the amount of resources it takes to tackle crime, keeping banks in the good books of regulators. These smaller models combine to form Silent Eight's software that some of the largest banks in the world, from Standard Chartered to HSBC , are using to fight financial crime. Markiewicz said Silent Eight's AI models were actually trained on the processes that human investigators were carrying out within financial institutions. "So we just knew that we will have to start with some big financial institutions first, for the other ones to know that there is no risk and follow." Silent Eight's headquarters is in Singapore with offices in New York, London, and Warsaw, Poland.
Persons: Michael Wilkowski, Julia Markiewicz, Martin Markiewicz ., Martin Markiewicz, Markiewicz, ChatGPT Organizations: Silent, Silent Eight, CNBC, OTB Ventures, Standard Chartered, HSBC, Chartered Locations: WARSAW, U.S, Singapore, New York, London, Warsaw, Poland
☆ Investing in Space: The nascent market for tracking and removing debris from orbit
  + stars: | 2023-08-24 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +3 min
It's a sad irony, but an irony nonetheless, that this week the European Space Agency announced that a piece of space debris — left in orbit by a 2013 launch of Arianespace's Vega rocket and the target of a removal mission — appears to have been struck by other space debris. But the ISS itself may have to dodge space debris this afternoon, with station controllers considering changing its altitude. The risk posed by space debris is not a novel problem for the industry, but it's an ever more pressing one. Satellites and space debris are largely tracked via ground-based radars and telescopes. Debris removal is a nascent part of the broader satellite servicing market (also known as In-Space Servicing, Assembly and Manufacturing, or ISAM).
Persons: Michael Sheetz —, It's, Arianespace's, Brian Weeden, wasn't, Weeden Organizations: CNBC, European Space Agency, ESA, OTB Ventures, NASA, SpaceX, International Space, Secure, Foundation, Aerospace, NorthStar, Manufacturing, Cargo Locations: Swiss, U.S, Europe, Russia, China, Japan, Korea, India
☆ Deep tech investor OTB Ventures raises $145 million for new fund and plans to expand into seed stage startups
  + stars: | 2022-11-22 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +3 min
OTB has raised 140 million euros ($145 million) of its 150 million euros ($155 million) target. European venture capital firm OTB Ventures has raised over 90% of its new 150 million euros (around $155 million) second fund at first close. The Amsterdam-based company, founded in 2017, will invest in 10 seed and 15 Series A-stage startups, writing checks of up to 1.5 million euros and 7 million euros respectively. Niewinski said LPs had "doubled down" since its first 108 million euros fund, which was later topped up 30 million euros by the European Investment Fund. The investor is bullish on space tech specifically and tapping into expertise at the European Space Agency and European Union Space Programme to assess startups.
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