Chinese start-up Mobvoi is capitalizing on the popularity of generative AI technology in China, with its Xuliehouzi model boasting tens of billions of parameters, competing with OpenAI's 175 billion parameter GPT-3. The company has applied its technology to various products, including smartwatches, wireless earphones, and an AI voice dub assistant. Mobvoi is submitting its IPO plan to the Hong Kong stock exchange, aiming to raise up to US$300 million.
Generative AI market is projected to reach $1.3tn by 2032 due to customer-driven AI tools like ChatGPT & Bard. Nvidia, Amazon, and Microsoft are set to benefit.
Big tech firms use others' online content to train their AI models but don't allow their own data to be used, sparking a legal battle. OpenAI's CEO is working towards respecting copyright. Steven Sinofsky, former Microsoft exec, claims the current training methods break the web.
OpenAI awards $1m grant for AI-enhanced cybersecurity projects. Seeking proposals to understand AI models for defense strategies. $10,000 grants available.
iHeartMedia, along with other big companies like Apple and Verizon, have prohibited employees from using OpenAI's ChatGPT on company devices to safeguard confidential information.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?