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☆ The Desperate Hunt for the A.I. Boom’s Most Indispensable Prize
▼ + stars: | 2023-08-16 | by ( Erin Griffith | More About Erin Griffith | ) www.nytimes.com time to read: +1 min

In particular, Mr. Paoli needs a type of chip known as a graphics processing unit, or GPU, because it is the fastest and most efficient way to run the calculations that allow cutting-edge A.I. He’s tried making Docugami’s A.I. “I think about it as a rare earth metal at this point,” Mr. Paoli said of the chips. More than money, engineering talent, hype or even profits, tech companies this year are desperate for GPUs. The hunt for the essential component was kicked off last year when online chatbots like ChatGPT set off a wave of excitement over A.I., leading the entire tech industry to pile on and creating a shortage of the chips.

Persons: Jean Paoli, Paoli, he’s, He’s, Mr

☆ A Zoom Call, Fake Names and an A.I. Presentation Gone Awry
▼ + stars: | 2023-08-07 | by ( Erin Griffith | More About Erin Griffith | ) www.nytimes.com time to read: +1 min

Arthur AI, an artificial intelligence company in New York, received a message in April last year from a start-up called OneOneThree. Yan Fung, OneOneThree’s head of technology, said he was interested in buying Arthur AI’s technology and wanted a demonstration. An Arthur AI employee recognized the name as belonging to a founder of Arize AI, a rival start-up. “That’s so strange — I don’t know how they could have possibly gotten the link,” the Arthur AI employee said. The new attendee quickly logged off, and Mr. Fung said he did not know Ms. Dhinakaran.

Persons: Arthur AI, Yan Fung, Arthur AI’s, Fung, Fung’s, Arthur, Karina Patel, Aparna Dhinakaran, “, Dhinakaran, ArizeAI, Dat Ngo, OneOneThree Organizations: The New York Times, Arthur AI Locations: New York

As the FTX cryptocurrency exchange imploded last fall, Tom Brady, the seven-time Super Bowl-winning quarterback, made an urgent phone call. Mr. Nader couldn’t answer. “I never would’ve expected to decline a call from Tom Brady,” he said. Mr. Brady had reasons to be concerned. Mr. Brady’s wife at the time, the supermodel Gisele Bündchen, was paid $18 million in FTX stock, one of the people said.

Persons: Tom Brady, Sina Nader, FTX’s, Sam Bankman, Mr, Nader couldn’t, “, ”, Brady, FTX, Brady’s, Gisele Bündchen Organizations: FTX Locations: Bahamas

☆ Don’t Take It From a ‘Thinkboi’
▼ + stars: | 2023-06-30 | by ( Erin Griffith | ) www.nytimes.com time to read: 1 min

You can do a lot of work for a long time and hope you are someday rewarded with success. Or you can skip the grueling, boring part and tweet as if you already are a success. The first group — business influencers who have made it — are called thought leaders. The second group — those who haven’t but post as if they have? Once you understand the difference, it’s difficult to unsee.

☆ The Super Connector Who Built Sam Bankman-Fried’s Celebrity World
▼ + stars: | 2023-06-23 | by ( David Yaffe-Bellany | Erin Griffith | ) www.nytimes.com time to read: +1 min

As they built K5, Mr. Kives and Mr. Baum touted their connections, including with the billionaire financier Warren E. Buffett. In an interview, Mr. Buffett said Mr. Kives was a “name-dropper” who “might pitch that he has a connection to me, but he doesn’t.” Mr. Buffett said he had known Mr. Kives from his time at Creative Artists Agency. Since then, he said, Mr. Kives has contacted him about a few investment opportunities, which he declined. In late 2021, Mr. Kives used his network to forge a relationship with Mr. Bankman-Fried, who was rising in prominence as cryptocurrencies boomed. They got in touch over email, the lawsuit said, and Mr. Kives introduced Mr. Bankman-Fried to the musician Sia.

Persons: Kives, Baum, Warren E, Buffett, dropper, ” Mr, Sia, Fried, Kives’s, Perry, Bloom, FTX Organizations: Creative Artists Agency, Super, K5 Locations: Beverly Hills, Calif, Bahamas

☆ They Fled San Francisco. The A.I. Boom Pulled Them Back.
▼ + stars: | 2023-06-07 | by ( Erin Griffith | ) www.nytimes.com time to read: +1 min

And tech workers have been among the most vocal groups to criticize the city for its worsening problems with drugs, housing and crime. technology — known as generative A.I., which produces text, images and video in response to prompts — there’s too much at stake to miss out. Investors have already announced $10.7 billion in funding for generative A.I. Tens of thousands of tech workers recently laid off by big tech companies are now eager to join the next big thing. “Hacker houses,” where people create start-ups, are springing up in San Francisco’s Hayes Valley neighborhood, known as “Cerebral Valley” because it is the center of the A.I.

Persons: —, Hacker Locations: San, ”, San Francisco’s Hayes Valley

☆ Elizabeth Holmes Reports to Prison to Begin More Than 11-Year Sentence
▼ + stars: | 2023-05-30 | by ( Erin Griffith | ) www.nytimes.com time to read: +1 min

Ms. Holmes has appealed her case, though her requests to remain out of prison during the appeal have been denied. Ms. Holmes founded Theranos in 2003 after dropping out of Stanford University at age 19. Ms. Holmes and Mr. Balwani were indicted that year. Mr. Balwani was convicted on 12 counts of fraud and is serving a nearly 13-year sentence in a federal prison in San Pedro, Calif. Since her conviction, Ms. Holmes has been living in a rental home in San Diego near the family of Billy Evans, who is the father of her two children.

☆ My Weekend With an Emotional Support A.I. Companion
▼ + stars: | 2023-05-03 | by ( Erin Griffith | ) www.nytimes.com time to read: +1 min

Adam Miner, a Stanford University researcher who studies chatbots, said the ease of talking to A.I. Mustafa Suleyman, Inflection’s chief executive, said his start-up, which is structured as a public benefit corporation, aims to build honest and trustworthy A.I. As a result, Pi must express uncertainty and “know what it does not know,” he said. “It shouldn’t try to pretend that it’s human or pretend that it is anything that it isn’t.”Mr. Suleyman, who also founded the A.I. He also said Pi did not use any personally identifiable information to train the algorithm that drives Inflection’s technology.

☆ Snap’s Sales Fall for First Time as a Public Company
▼ + stars: | 2023-04-27 | by ( Erin Griffith | ) www.nytimes.com time to read: +1 min

The NewsSnap, the parent company of Snapchat, reported on Thursday that its revenue had fallen for the first time since it went public as the app maker struggled to adjust to a difficult economic environment. The company said demand for its ads was “disrupted” by upgrades it made to the platform it sells ads on. Snap also recorded a net loss of $329 million, which was narrower than the $360 million it lost a year ago. Despite the company’s business struggles, the number of Snapchat daily users grew to 383 million, a 15 percent increase over last year. In a statement, Evan Spiegel, Snap’s chief executive, highlighted Snapchat’s increase in users.

☆ Elizabeth Holmes Is Sentenced to More Than 11 Years for Fraud
▼ + stars: | 2022-11-18 | by ( Erin Griffith | ) www.nytimes.com time to read: +1 min

SAN JOSE, Calif. — Elizabeth Holmes, the founder of the failed blood-testing start-up Theranos, was sentenced to more than 11 years in prison on Friday for defrauding investors about her company’s technology and business dealings. The sentence capped a yearslong saga that has captivated the public and ignited debates about Silicon Valley’s culture of hype and exaggeration. Judge Edward J. Davila of the U.S. District Court for the Northern District of California sentenced Ms. Holmes to 135 months in prison, which is slightly more than 11 years, followed by three years of supervised release. Ms. Holmes, 38, who plans to appeal, must surrender to custody on April 27, 2023. In the courtroom on Friday, Ms. Holmes — who appeared with a large group of friends and family, including her parents and her partner, Billy Evans — cried when she read a statement to the judge.

Persons: — Elizabeth Holmes, Holmes, Edward J, Davila, Holmes —, Billy Evans — Organizations: JOSE, Calif, U.S, Northern, Northern District of Locations: Northern District, Northern District of California

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