AI @ Noon | October 3

California’s AI bill was well-meaning but flawed: Tech regulation needs to support innovation, while setting clear safety standards. FT - Editorial

Why Vinod Khosla is all in on AI Time

OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation and bolstering its efforts to build the world’s leading generative AI technology.

OpenAI asks investors not to back rival start-ups such as Elon Musk’s xAI: FT reports Sam Altman-led group wants exclusive arrangement as it secures $6.6bn funding round.

OpenAI feels competitors breathing down its neck: Latest funding round has boosted the company’s valuation to $150bn, but it faces formidable challenges. Richard Waters

Why concerns about OpenAI’s new logo are about more than design: Can a simple circle really be ‘ominous’? The ChatGPT creator’s potential logo change is a brand Rorschach test. FC

CNBC: For Nvidia, spatial AI and the ‘omniverse’ entering physical world may be the next big thing

Did Apple just kill social apps? 
Some app makers worry that a subtle change to the iPhone’s contact-sharing permissions could make it hard for them to get the fast growth they need to compete. NYT

Enjoy the ride + plan accordingly.

-Marc