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Read previewMicrosoft's chief technology officer said partnering with OpenAI was "basically a bet" on Sam Altman's company. Kevin Scott gave insight into his decision-making that led to Microsoft's alliance with OpenAI in 2019 on an episode of Reid Hoffman's podcast "Possible" last week. This story is available exclusively to Business Insider subscribers. It was sent just weeks before Microsoft announced its $1 billion investment in OpenAI and subsequent partnership. Microsoft didn't immediately respond to a request for comment from Business Insider, sent outside normal working hours.
Persons: , OpenAI, Sam Altman's, Kevin Scott, Reid, Scott, who's, Bill Gates, Satya Nadella, OpenAI's, Turing, Phi Organizations: Service, OpenAI, Business, Microsoft, Department, Google, MAI Locations: OpenAI
Reid Hoffman sat down for an interview with a deepfake of himself. The bot discussed AI regulation and spoke in Klingon during the conversation. Reid AI and Hoffman asked each other questions throughout the interview posted Wednesday. AdvertisementIn their conversation, the two Reids discussed AI regulation, its capabilities, and ways Hoffman can improve his LinkedIn profile. Advertisement"There's a need for a framework that not only fuels innovation but also ensures AI benefits are fairly distributed, all while focusing on enhancing public good," Reid AI said.
Persons: Reid Hoffman, , Reid Hoffman's, Jerry Seinfeld, Reid, Hoffman, I've, deepfakes Organizations: Service
A single piece of advice from an investor helped Airbnb CEO Brian Chesky grow his company from a struggling startup to an industry giant worth roughly $70 billion. That's according to Chesky himself, who told attendees at a recent Stanford Graduate School of Business event that it was "the best piece of advice I ever got." The advice: "Focus on 100 people that love you, rather than getting a million people to kind of like you," Chesky said. It came courtesy of Paul Graham, the co-founder of tech startup accelerator Y Combinator, who advised Airbnb's co-founders — Chesky, Joe Gebbia and Nathan Blecharczyk — to focus on a tiny audience of potential customers as they built their company. For early Airbnb, that meant creating experiences for guests that stood out from staying at a hotel or crashing on a couch.
That's according to Chesky, who told the story at a recent Stanford Graduate School of Business event. Months before Airbnb's scheduled initial public offering, business dropped 80% in eight weeks during Covid-19 lockdowns, Chesky told Stanford students. Today, Airbnb's market cap is $75.49 billion, and Chesky's net worth is $9.3 billion, according to Forbes. "I never focused on trying to make a lot of money," Chesky said. DON'T MISS: Want to be smarter and more successful with your money, work & life?
May 2 (Reuters) - Inflection AI, the AI startup founded by LinkedIn co-founder Reid Hoffman and former Deepmind (GOOGL.O) researcher Mustafa Suleyman, has released its first AI chatbot product, the company said on Tuesday. Similar to the viral chatbot ChatGPT, Inflection's AI chatbot, named Pi, uses generative AI technology to interact with users through conversations, in which people can ask questions and share interests. Inflection AI said it developed the technology in-house and its Pi chatbot is built on prioritizing human conversations with a high level of emotional intelligence. Pi uses user data, including conversational content, to train its AI systems, according to its terms of service. Chatbot powered by generative AI technology has become a crowded field since OpenAI's ChatGPT burst into the scene last November.
A judge denied Donald Trump's bid to delay E. Jean Carroll's rape trial because of his indictment. Judge Lewis A. Kaplan expressed concern the request was "another delay tactic" by the former president. US District Judge Lewis A. Kaplan said some of the so-called media frenzy had been caused by Trump himself. The judge allowed a brief reopening of discovery but denied Trump's request to delay the trial. Carroll "is now over 79 years of age and is entitled to her day in court just as both parties are entitled to a fair trial," Kaplan wrote.
Keith Peiris is the co-founder of Tome, a storytelling tool that uses generative AI models like GPT-4 and Dall-E-2. At the same time, I also learned that no one uses your tools the way you envisioned. The truth is that everyone uses tools differently, so you need to build them in a permissive way. When we started building Tome in the early days of the pandemic, my cofounder, Henri Liriani, and I thought we were building for someone we knew. Now, they're using Tome, which is a use case I had never even thought about.
Trump's lawyers asked to delay the E. Jean Carroll battery and defamation trial a month on Thursday. It is unclear how much of Reid's money granted through his nonprofit was used by Kaplan Hecker & Fink for the Carroll case. Seth Wenig/APOn Tuesday, Trump's lawyers asked the judge for a one-month delay to allow the "media frenzy" around his arrest to die down. Judge Kaplan has also complained about numerous attempts to delay the case in the past. But that litigation has been in limbo while appeals courts weigh in on whether Trump can even be sued in that case.
Elon Musk-owned Twitter purchased 10,000 GPUs, apparently to get into the generative AI boom. This move goes against Musk's open-letter plea for companies to slow down AI development. It also backs up Reid Hoffman's claim that some like Musk wanted the pause so they could catch up. In December, a few months after taking full ownership of Twitter, Musk went so far as to tweet about how he cut OpenAI's access to Twitter, which was used to train OpenAI's language models. For someone who says he wants to pause AI development, Musk seems to be doing the very opposite of that.
Why businesses are at risk in America's culture wars
  + stars: | 2022-09-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy businesses are at risk in America's culture warsLinkedIn cofounder Reid Hoffman's political adviser Dmitri Melhorn explains why capitalism breaks down without the rule of law.
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