United Arab Emirates fund in talks to invest in OpenAI: WSJ reports the ChatGPT creator has told potential backers its annualized revenue recently reached $4 billion.
Mr ChatGPT and other AI power players are going to the White House to discuss AI’s massive thirst for energy CNN
America has an innovation and incumbency problem: Politicians should be taking questions of R&D and corporate power much more seriously. Gillian Tett
The AI bill driving a wedge through Silicon Valley: California’s Gavin Newsom has until September 30 to decide whether to sign legislation that will reach far beyond the state. FT
Reuters: Mastercard to buy threat intelligence company Recorded Future for $2.65 bln
The $200bn man: Larry Ellison’s wealth rebounds as Oracle joins AI boom: Database software maker has undergone an unlikely Wall Street renaissance. Richard Waters
Palantir is joining the S&P 500.
Mistral released its first multimodal model.
OpenAI releases new AI model that answers more complex questions: Bloomberg reports the new model, known internally as Strawberry, can handle complicated math and coding problems.
OpenAI unveils new ChatGPT that can reason through math and science: NYT reports driven by new technology called OpenAI o1, the chatbot can test various strategies and try to identify mistakes as it tackles complex tasks.
Sarah O'Brien has departed Rivian to join Jony Ive's LoveFrom, which is reportedly in talks with OpenAI to create consumer products.
Meta says it scraped all Australian adult users' public photos and posts on Facebook to train its AI, without an option to opt out.
Chats with AI bots found to damp conspiracy theory beliefs: Research runs counter to idea that it is nigh impossible to change some minds over popular but unevidenced ideas. FT
Bloomberg: Microsoft, cyber firms pursue changes after CrowdStrike outage
Bloomberg: Two Chinese AI chipmakers seek IPOs to mount challenge to Nvidia
+ Enflame, Biren are prepping to float shares as soon as in 2024
+ Investors are bidding up shares in AI chipmakers like Nvidia
Enjoy the ride + plan accordingly.
-Marc
