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☆ Amazon is secretly working on a ChatGPT killer
▼ + stars: | 2024-06-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

Read previewAmazon is working on an AI chatbot to compete directly with OpenAI's ChatGPT, Business Insider has learned. The secret internal project is code-named "Metis," likely in reference to the Greek goddess of wisdom. Metis is powered by an internal Amazon AI model called Olympus, another name inspired by Greek mythology. There are a lot of AI assistantsWith Metis, Amazon is joining an already crowded AI-assistant market. Vishal Sharma, the vice president of artificial general intelligence, has direct oversight of Project Metis, one of the people said.

Persons: —, OpenAI's, It's, OpenAI, Andy Jassy, Jassy, Amazon's, Rohit Prasad, Vishal Sharma, it's Organizations: Service, BI, Business, Metis, Microsoft, Google, Amazon, Project Metis, Alexa Locations: Metis, Amazon's

☆ Amazon is working on an AI assistant that competes with ChatGPT, codenamed 'Metis'
▼ + stars: | 2024-06-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

Read previewAmazon is working on an AI chatbot that competes directly with the OpenAI's ChatGPT, Business Insider has learned. The secret internal project is codenamed "Metis," likely in reference to the Greek goddess of wisdom. Metis is powered by an internal Amazon AI model called Olympus, another name inspired by Greek mythology. There are a lot of AI assistantsWith Metis, Amazon is joining an already crowded AI assistant market. Last month, Amazon even instructed some employees to help scrape GitHub's open-source data to speed up its AI model training process.

Persons: —, It's, OpenAI, Andy Jassy, Jassy, Amazon's, Rohit Prasad, Vishal Sharma, it's Organizations: Service, BI, Business, Metis, Microsoft, Google, Amazon, Project Metis, Alexa Locations: Amazon's

☆ App developers on OpenAI's new GPT Store are trying to make money. Here are some of the successful business models that have emerged so far.
▼ + stars: | 2024-06-24 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +8 min

Read previewSix months after OpenAI announced GPTs, developers are getting creative when it comes to making money with their applications. To some, the GPT Store drew comparisons to the early days of the App Store, Apple's marketplace for mobile applications that debuted in 2008 and ushered in the smart phone era and "app economy." However, multiple GPT developers walked Business Insider through how they're making money with their apps while waiting for formal monetization plans to become available. Advertisement"I think it will be good when OpenAI comes up with monetization integrated in the GPT Store," developer Vicente Silveira told Business Insider in an interview. Our bet is that the GPT Store will be the best way right now to position yourself to create."

Persons: —, OpenAI, monetization, Vicente Silveira, Silveira, Karthik Ramasamy, Silveria, Ramasamy, It's, Ai Drive's, Ai, Claude —, Charly AI, they've, GPTs, it's Organizations: Service, Business, Google, LinkedIn, Big Tech, Humanizer, BI, Charly Locations: Amsterdam, GPTs, San Francisco

☆ Anthropic CEO says we need to think bigger than a universal basic income if we want to solve the AI inequality problem
▼ + stars: | 2024-06-23 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Rapid advances in AI may concentrate power and wealth among a small elite. Anthropic CEO Dario Amodei says a universal basic income may not sufficiently address the shift. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe rapid advances in AI could consolidate power and wealth in the hands of a small few , which is why many in the tech industry have called for a universal basic income.

Persons: Dario Amodei, — Organizations: Service

☆ High valuations of Apple and Microsoft get a pass. Nvidia does not but should
▼ + stars: | 2024-06-23 | by ( Jim Cramer | ) www.cnbc.com time to read: +13 min

Sure enough, the next day began a historic ascent of Apple stock, an in-your-face rally that many thought made no sense. There's a coalescence of two themes, high speed, accelerated computing and increasingly intelligent AI, and neither works without Nvidia chips. I know that it seems impossible to ponder Nvidia's stock going any higher or passing Apple and Microsoft and staying ahead of it. Ask yourself, does any company match Jensen and Nvidia right now? I say let others be baffled over the Apple versus Microsoft versus Nvidia conundrum.

Persons: WWDC, Tim Cook, Tim, Claude, hasn't, Moore, Elon Musk, Nvidia's, Jensen Huang, Jensen, Ben Franklin, Franklin, Da Vinci, — Jensen, Steve Jobs, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Apple, Developers, Microsoft, Club, Dell, HP Inc, PC, Micron, Nvidia, Computers, Intel, AMD, Pentium, Taiwan Semiconductor Manufacturing Co, Franklin Institute, Oracle, Google, GTC Conference, Cisco, Jim Cramer's Charitable, CNBC Locations: Philadelphia, Rome, Jensen

☆ OpenAI and Anthropic are ignoring an established rule that prevents bots scraping online content
▼ + stars: | 2024-06-21 | by ( Kali Hays | ) www.businessinsider.com time to read: +1 min

AdvertisementThe world's top two AI startups are ignoring requests by media publishers to stop scraping their web content for free model training data, Business Insider has learned. OpenAI and Anthropic have been found to be either ignoring or circumventing an established web rule, called robots.txt, that prevents automated scraping of websites. TollBit, a startup aiming to broker paid licensing deals between publishers and AI companies, found several AI companies are acting in this way and informed certain large publishers in a Friday letter, which was reported earlier by Reuters. The letter did not include the names of any of the AI companies accused of skirting the rule. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business, Reuters

☆ CNBC Daily Open: S&P 500 briefly crosses 5,500, closes lower
▼ + stars: | 2024-06-21 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. S&P 500 slips from record highThe S&P 500 briefly passed the 5,500 mark for the first time before ending the session lower. Open AI challengerAnthropic, a leading AI competitor to OpenAI, unveiled Claude 3.5 Sonnet, its most advanced AI model to date. [PRO] AI real estateCiti analysts pinpoint a "compelling emerging" real estate trend fueled by AI and nearshoring.

Persons: Gilead, Anthropic, Claude, Donald Trump's, Trump, Masato Kanda Organizations: New York Stock Exchange, CNBC, Nasdaq, Nvidia, Dow Jones, Gilead Sciences, Google, Trump Media, New, Nikkei, Bank of, Reuters, United, CSI, Citi Locations: New York City, U.S, New York, Japan, United States, Asia, Pacific

☆ OpenAI competitor Anthropic announces its most powerful AI yet
▼ + stars: | 2024-06-20 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNTJakub Porzycki | Nurphoto | Getty ImagesOpenAI competitor Anthropic on Thursday announced Claude 3.5 Sonnet, its most powerful artificial intelligence model yet. Anthropic, which was founded by ex-OpenAI research executives, has backers including Google, Salesforce and Amazon . The company said Claude 3.5 Sonnet is faster than its previous leading model, Claude 3 Opus, and is the first model from Anthropic's new Claude 3.5 family. Zoom In Icon Arrows pointing outwards Claude 3.5 SonnetClaude 3.5 Sonnet is free from the company's website, Claude.ai, and in the Claude iPhone app. Zoom In Icon Arrows pointing outwards Claude Artifacts

Persons: Jakub Porzycki, Anthropic, Claude, it's, OpenAI's, Opus, Claude Pro, Claude chatbot Organizations: Nurphoto, Getty, Google, Team

☆ The man who dared to revolt against Sam Altman at OpenAI just started a research lab promoting 'safe superintelligence'
▼ + stars: | 2024-06-20 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewOpenAI cofounder and former chief scientist Ilya Sutskever announced his new venture on Wednesday — a research lab committed to developing "safe superintelligence." "I am starting a new company," Sutskever said of his new project, Safe Superintelligence Inc. (SSI) in an X post. I am starting a new company: https://t.co/BG3K3SI3A1 — Ilya Sutskever (@ilyasut) June 19, 2024According to SSI's website, the lab has "one goal and one product: a safe superintelligence." AdvertisementRepresentatives for Safe Superintelligence and OpenAI didn't immediately respond to requests for comment from BI sent outside regular business hours. Following Altman's return, Sutskever appeared to have been shut out of OpenAI, BI reported in December, citing people familiar with the situation.

Persons: —, Ilya Sutskever, Sutskever, BG3K3SI3A1 — Ilya Sutskever, Daniel Gross, Daniel Levy, Ashlee Vance, Bloomberg's Vance, OpenAI didn't, Elon Musk, Sam Altman's, Altman, Altman's, OpenAI, splintering, Dario, Daniela Amodei Organizations: Service, Superintelligence Inc, Business, SSI, Apple, BI, OpenAI, Amazon, Google Locations: OpenAI

Ilya Sutskever, Russian Israeli-Canadian computer scientist and co-founder and chief scientist of OpenAI, speaks at Tel Aviv University in Tel Aviv, June 5, 2023. OpenAI co-founder Ilya Sutskever, who left the artificial intelligence startup last month, introduced his new AI company, which he's calling Safe Superintelligence, or SSI. "I am starting a new company," Sutskever wrote on X on Wednesday. Altman and Sutskever, along with other directors, clashed over the guardrails OpenAI had put in place in the pursuit of advanced AI. "I deeply regret my participation in the board's actions," Sutskever wrote in a post on X on Nov. 20.

Persons: Ilya Sutskever, OpenAI, Sutskever, Jan Leike, OpenAI's, Leike, Daniel Gross, Daniel Levy, Sam Altman, Altman, we've Organizations: Tel Aviv University, SSI, Microsoft, Apple Locations: Russian Israeli, Canadian, Tel Aviv, Palo Alto , California

☆ Big Tech’s A.I. Takeover and the Slow Death of Silicon Valley Innovation - The New York Times
▼ + stars: | 2024-06-13 | by ( Mark Lemley | Matt Wansley | ) www.nytimes.com time to read: +1 min

Silicon Valley prides itself on disruption: Start-ups develop new technologies, upend existing markets and overtake incumbents. OpenAI, founded as a nonprofit and counterweight to Google’s dominance, has raised $13 billion from Microsoft. Anthropic, a start-up founded by OpenAI engineers who grew wary of Microsoft’s influence, has raised $4 billion from Amazon and $2 billion from Google. Last week, the news broke that the Federal Trade Commission was investigating Microsoft’s dealings with Inflection AI, a start-up founded by DeepMind engineers who used to work for Google. start-ups and Big Tech give the start-ups the enormous sums of cash and hard-to-source chips they want.

Persons: OpenAI, DeepMind, — Organizations: Google, Microsoft, Amazon, Federal Trade Commission, A.I, Big Tech

☆ Mistral, a French A.I. Start-Up, Is Valued at $6.2 Billion
▼ + stars: | 2024-06-11 | by ( Adam Satariano | More About Adam Satariano | ) www.nytimes.com time to read: +1 min

Mistral, a French artificial intelligence start-up, said on Tuesday that it had raised 600 million euros, or about $640 million, from investors, a sign of robust interest in a company seen as Europe’s most promising rival to OpenAI and other Silicon Valley A.I. Mistral is now valued at €5.8 billion, according to a person familiar with the investment, an eye-popping sum for a company founded just one year ago by alumni from Meta and Google. Since OpenAI released ChatGPT in November 2022, investors have poured money into generative A.I. Two weeks ago, Elon Musk raised $6 billion for his start-up, xAI. OpenAI has raised roughly $13 billion from Microsoft, while another California start-up, Anthropic, has raised more than $7.3 billion.

Persons: Andreessen Horowitz, Elon Musk, OpenAI Organizations: Meta, Google, Catalyst, Lightspeed Ventures, Nvidia, Samsung, Salesforce, Cisco, IBM, BNP, Microsoft Locations: California

☆ I'm a cybersecurity expert who likes using AI. But I'd never share a few things with ChatGPT or its competitors.
▼ + stars: | 2024-06-11 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

I'm a security expert and a vice president of engineering at a content management system company, which has Netflix, Tesla, and Adidas among its clients. Here are four things I would keep in mind when interacting with AI chatbots like OpenAI's ChatGPT, Google's Gemini, Anthropic's Claude, or Perplexity AI. Follow company AI guidelinesAs using AI in the workplace becomes common for tasks like coding or analysis, it is crucial to follow your company's AI policy. As AI chatbots become more humanlike, we are swayed to share more and open up to topics we would not have before. Do you work in tech or cybersecurity and have a story to share about your experience using AI?

Persons: —, Sebastian Gierlinger, Google's, Anthropic's Claude, ChatGPT, OpenAI, chatbots Organizations: Service, Netflix, Tesla, Adidas, Business, Facebook Locations: Storyblok, Austria

☆ AI and the IPO market: Demand is there but product is lacking
▼ + stars: | 2024-06-10 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Tempus AI = AI in healthcare Tempus AI is seeking to sell 11 million shares at $35-$37 in its IPO and is slated to begin trading this Friday. Intelligent Diagnostics use AI, including generative AI, to make laboratory tests more accurate, tailored, and personal. AI IPOs: few and far between While AI is again the big investment theme of 2024, AI-themed IPOs have been few and far between. But the appetite for AI IPOs is large, and investors are scanning for new investments. Although the anticipated flood of AI IPOs has not yet materialized, Matt Kennedy is confident more are coming.

Persons: Matt Kennedy, Howe Ng, Ng, IPOs Organizations: Nasdaq, Astera Labs, Renaissance Capital, Nvidia, Cerebras Systems, Citigroup, Tempus, Forge Global Holdings

☆ Opinion: Apple can still get back to its golden age
▼ + stars: | 2024-06-07 | by ( Opinion Jeff Yang | ) edition.cnn.com time to read: +10 min

Jeff Yang CNNNaturally, Apple has locked down the details of the revelations it plans on releasing on Monday tighter than Fort Knox. Apple CEO Tim Cook introduces Apple Vision Pro, a mixed reality headset, at Apple Park in Cupertino, CA, on June 5, 2023. What’s the songs-in-your-pocket equivalent for Vision Pro? But so far, if Apple is looking to reclaim its real-world relevance, Vision Pro isn’t it — yet. Let’s hope that at this WWDC, the company defiantly ignores last year’s laughter and continues to look, and think, different.

Persons: Jeff Yang, Bruce ”, “, CNN —, Jeff Yang CNN, OpenAI, Tim Cook, Steve Jobs, Brooks Kraft, Jobs, Cook, Ive Organizations: CNN, Conference, Apple, Huawei, International Trade Commission, Justice Department, Vision, Apple Vision, Apple Inc, Apple Watch, MacBook Air, Twitter, Facebook, mojo Locations: Asian America, America, Knox, China, Cupertino , CA, manila, WWDC

OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. The Federal Trade Commission and the Justice Department are set to open antitrust investigations into Microsoft , OpenAI and Nvidia , examining the powerful companies' influence on the artificial intelligence industry, a source familiar confirmed to CNBC. The FTC will take the lead on looking into Microsoft and OpenAI, while the DOJ will focus on Nvidia, and the investigations will focus on the companies' conduct, rather than mergers and acquisitions, according to the source. The news also follows the FTC's January decision to conduct an extensive study on AI industry heavyweights, including Amazon , Alphabet , Microsoft, Anthropic and OpenAI. Microsoft and OpenAI did not immediately respond to requests for comment.

Persons: Sam Altman, Kevin Scott, Anthropic, Claude chatbots, that's, Lina Khan, Khan, OpenAI, — CNBC's Eamon Javers Organizations: Microsoft Chief Technology, Artificial, Microsoft, Federal Trade Commission, Justice Department, Nvidia, CNBC, FTC, DOJ, New York Times, Google, Meta Locations: Redmond , Washington

☆ OpenAI is facing controversy. Again.
▼ + stars: | 2024-06-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the latest controversy to embroil OpenAI amid a difficult few months for the startup . Their takeaway was simple: OpenAI wants to have it both ways regarding how it's perceived about safety and commercialization. It's structured as a "capped-profit" company governed by a nonprofit, and Altman doesn't hold equity directly in OpenAI. The result, the VC told me, is people feel OpenAI is talking out of both sides of its mouth. It doesn't help that some OpenAI employees joined when that split was closer to 80/20 and favored safety over business, they added.

Persons: —, we've, OpenAI Justin Sullivan, Chelsea Jia Feng, Anthropic signees, Scarlett Johansson, Elon, Madeline Berg, Sam Altman, Altman, Justin Sullivan, OpenAI, It's, Patrick McMullan, Jenny Chang, Rodriguez, Izzy Englander's, Griffin's, Marko Kolanovic, ANDREW CABALLERO, REYNOLDS, youngs, Mark Zuckerberg, Elon Musk, Keith Enright, Alyssa Powell, They've, Shopify, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, Business, Google, Millennium Management, Getty Images, Facebook, CNBC, BI, SpaceX Locations: OpenAI, Patrick, It's, Tesla, New York, London

☆ Gen Z Anthropic worker fears AI may replace her job within 3 years
▼ + stars: | 2024-06-05 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Anthropic's chief of staff fears AI could soon end traditional employment. Avital Balwit wrote a personal essay highlighting AI's potential impact on the workforce. She believes the rise of AI technology will replace many human job functions. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "I stand at the edge of a technological development that seems likely, should it arrive, to end employment as I know it."

Persons: Avital Balwit, —, she's prepping Organizations: Service, Palladium, Business

☆ Silicon Valley's battle over AI risks is escalating fast
▼ + stars: | 2024-06-05 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

Read previewThere's a battle in Silicon Valley over AI risks and safety — and it's escalating fast. This story is available exclusively to Business Insider subscribers. Right to WarnWhile the concerns around AI safety are nothing new, they're increasingly being amplified by those within AI companies. OpenAI did not immediately respond to a request for comment from Business Insider, made outside normal working hours. A spokesperson previously reiterated the company's commitment to safety, highlighting an "anonymous integrity hotline" for employees to voice their concerns and the company's safety and security committee.

Persons: —, OpenAI, Bengio, Geoffrey Hinton, Stuart Russell, Jacob Hilton, Hilton, Sam Altman, Helen Toner, Altman, Russell, Daniel Kokotajlo, Kokotajlo Organizations: Service, Google, Business Locations: Silicon Valley, OpenAI

☆ Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI
▼ + stars: | 2024-06-04 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +12 min

Correspondence from Nvidia staffers also indicates that Musk diverted a sizable shipment of AI processors that had been reserved for Tesla to his social media company X, formerly known as Twitter. "Elon prioritizing X H100 GPU cluster deployment at X versus Tesla by redirecting 12k of shipped H100 GPUs originally slated for Tesla to X instead," an Nvidia memo from December said. In a post on X in November, Musk wrote, "X Corp investors will own 25% of xAI." At Tesla, Musk has promised to build a $500 million "Dojo" supercomputer in Buffalo, New York, and a "super dense, water-cooled supercomputer cluster" at the company's factory in Austin, Texas. WATCH: Musk ordered Nvidia to ship thousands of AI chips to X

Persons: Elon Musk, David Swanson, Reuters Elon Musk, he's, Tesla's, Musk, Tesla, Elon, Critics, OpenAI's ChatGPT, Axios Harris, Jensen Huang, Huang, David Paul Morris, xAI's Grok, xAI, he'd, He's, Leo Koguan, Gerber Kawasaki's Ross Gerber, Joel Fleming, Fleming, hasn't, Ethan Knight Organizations: SpaceX, Tesla, Reuters, Nvidia, Tesla's Texas, CNBC, X Corp, EV, Google, Meta, Microsoft, Blackwell, Nvidia Corp, Technology, Bloomberg, Getty, Twitter, Equity Litigation Locations: Beverly Hills , California, Tesla's, U.S, San Jose , California, Buffalo , New York, Austin , Texas, North Dakota, Delaware, Tesla, xAI, SolarCity, Texas, New York

Meta 's chief artificial intelligence scientist Yann LeCun has spent much of the past week sparring with Elon Musk over the Tesla CEO's treatment of scientists and news organizations, and for spreading false conspiracies on social media. The spat began days earlier, on May 27, after Musk took to X to encourage people to apply for roles at his AI startup, xAI. Musk, who has previously called for the prosecution of Fauci, posted on X, "Why do Dems love Fauci so much." Musk said in a post on X Monday that LeCun has been "out of touch with AI for a long time." "I'm sure the scientists who hide behind this collective name are super happy about that," LeCun said on X.

Persons: Yann LeCun, Elon Musk, LeCun, Musk, Anthony Fauci, Fauci, Mark Zuckerberg, Bill Gates, Investor Mark Cuban, Dustin Moskovitz, Musk's, Tesla, hasn't, He's Organizations: Elon, Google, Microsoft, Meta, Investor, Diversity, Equity, LeCun, Medical Internet Research, Trump Locations: xAI

☆ Current and former OpenAI employees warn of AI's 'serious risks' and lack of oversight
▼ + stars: | 2024-06-04 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

A group of current and former OpenAI employees published an open letter Tuesday describing concerns about the artificial intelligence industry's rapid advancement despite a lack of oversight and an absence of whistleblower protections for those who wish to speak up. "AI companies have strong financial incentives to avoid effective oversight, and we do not believe bespoke structures of corporate governance are sufficient to change this," the employees wrote. The letter also details the current and former employees' concerns about insufficient whistleblower protections for the AI industry, saying that without effective government oversight, employees are in a relatively unique position to hold companies accountable. "Ordinary whistleblower protections are insufficient because they focus on illegal activity, whereas many of the risks we are concerned about are not yet regulated." Four anonymous OpenAI employees and seven former ones, including Daniel Kokotajlo, Jacob Hilton, William Saunders, Carroll Wainwright and Daniel Ziegler, signed the letter.

Persons: OpenAI, they've, Daniel Kokotajlo, Jacob Hilton, William Saunders, Carroll Wainwright, Daniel Ziegler, Ramana Kumar, Neel Nanda, Geoffrey Hinton, Yoshua Bengio, Stuart Russell Organizations: Google, Microsoft, Meta, CNBC, Security Locations: Anthropic

☆ Here's everything you need to know about Big Tech's AI models and tools but were too afraid to ask
▼ + stars: | 2024-06-02 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +8 min

The in-house AI model called MAI-1 is said to be trained using a public dataset and text from ChatGPT, a source told The Information. AdvertisementThe company has a text-to-image generator called Microsoft Designer, which launched last year after being tested in December 2022. MetaMeta has an AI assistant called Meta AI. NurPhoto/Getty ImagesMeta has an AI assistant called Meta AI, which is run on its open-source LLM, Llama. It also has an AI image generator called Imagine, which launched in December and was trained on public Facebook and Instagram photos.

Persons: —, Microsft, OpenAI, it's, Mustafa Suleyman, Shane Jones, VASA, Satya Nadella, OpenAI OpenAI, Sundar Pichai, OpenAI might've, Scarlett Johansson, OpenAI's chatbot, Sam Altman, Meta Meta Organizations: Service, Microsoft, Google, Apple, Business, Microsoft Microsoft, Microsft Microsoft, Federal Trade Commission, MAI, Lumiere Meta, Google Google, Meta, Facebook, Titan, Anadolu Amazon's, Olympus, Web Services, Amazon Locations: ChatGPT, Anthropic

Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’This week, Google found itself in more turmoil, this time over its new AI Overviews feature and a trove of leaked internal documents. Then Josh Batson, a researcher at the A.I. And finally, we take a look at recent developments in A.I. safety, after Casey’s early access to OpenAI’s new souped-up voice assistant was taken away for safety reasons. Guests:Josh Batson, research scientist at AnthropicAdditional Reading:

Persons: Josh Batson, Claude Organizations: Apple, Spotify, Google

☆ A wave of AI 'acquihires' is coming. Here's who could be looking for deals.
▼ + stars: | 2024-05-30 | by ( Rebecca Torrence | Riddhi Kanetkar | ) www.businessinsider.com time to read: +8 min

But the tech giant's play underscores the market's demand for tech talent — and venture capitalists expect a wave of "acquihires" to hit the AI ecosystem later this year. M&A dealmaking among AI startups is already off to a strong start this year, with 55 exits recorded in Q1 of 2024, per Crunchbase data. AdvertisementThe majority of AI startups are overpriced, said Konstantin Vinogradov, general partner at Runa Capital. AI startups with revenue in the single-digit millions that raised money at unicorn valuations, Dash said, might not even have that option. Those deals don't make sense for buyers, he said, which could lead Big Tech companies or other AI startups to poach their talent instead.

Persons: —, Inflection's, Ayangar, Konstantin Vinogradov, Somesh Dash, overshadowing, Shmuel Chafets, Sivesh Sivakumar, Shaun Johnson, Naveen Rao, Sivakumar, Johnson, PhotoRoom, Aravind Srinivas, Mike Smeed, Chafets, Dash, they'll Organizations: Service, Microsoft, Business, Investors, Runa, Big Tech, Apple, Target, Ventures, Accenture, Boston Consulting Group, Intuit, Nike, American Express, Safeway, InMotion Ventures, Disney, Netflix Locations: OpenOcean, Snowflake, Databricks

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