G7 leaders collaborate in Hiroshima AI process to establish trustful global standards for AI use, building on EU rules. OpenAI, Elon Musk, and other industry giants urge governments to carefully consider risks posed by powerful systems. Joe Biden and Japan different approaches to AI reinforcement.
. OpenAI, a leading non-profit and renegade AI startup has reportedly confirmed a $300 million share sale, valuing it between $27 and $29 billion. Investors include Tiger Global Management, Andreessen Horowitz, and Sequoia Capital, plus Thrive Capital and K2 Global. OpenAI has revolutionized the tech sector with its AI breakthroughs such as its chatbot GPT-3 and robotics engineering, leading the industry to revenues of over $18 billion in 2021.
Genies, a web3 avatar startup created by Akash Nigam has invested in AI technology ChatGPT Plus to improve productivity. Akash, who has worked at Microsoft and Andreessen Horowitz, is dedicated to staying ahead with cutting edge technology, using it to debug code, increase speed and save time. Studies show AI can succeed when correctly utilized - investors and users debate its ethicality.
OpenAI, the leading research organization in artificial intelligence, is collaborating with Microsoft and Meta (formerly Facebook) to develop an AI programming assistant. CTO Andrew Bosworth revealed to Meta employees that the cost for each request will be as low as seven cents. The team is also working on a project that will give Meta's engineers access to all the internal documents and codes. Andrew Bosworth anticipates that the project should be completed by mid-June.
. OpenAI, a San Francisco-based AI startup, has seen its value soar to over $27 billion after successful fundraisings. Their popular AI chatbot, ChatGPT, has also resumed operations in Italy after a pause of one month imposed by authorities. Learn how the company complied with Italian data collection requests, plus exciting news of a business subscription & more!
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?