Tag: Computing

OpenAI hired Peter Deng as VP of Consumer Product. Deng has vast experience in tech, and his focus is scaling consumer products to the next level. He recently led the engineering teams behind ChatGPT, the fastest-growing product in history, reaching 10 million users within three months of its launch. Deng believes that computing is experiencing unexplored possibilities.

OpenAI is investing heavily on ChatGPT, estimating over $540 million for the chatbot's development in 2022, with costs including $416 million for computing and data training, $89 million for staff, and operating costs of $33 million. With the aim of creating Artificial General Intelligence, this investment may prove to be well worth it, with CEO Sam Altman expecting to reach $100 billion. With plenty of risks, Steve Wozniak sees this as a danger, but OpenAI is heavily investing to become a successful high-tech startup.

Runway, the buzzy AI startup, announces $100 million Series D funding at a $1.5 billion valuation from a cloud provider. Their creative and determined founders previously raised $100 million from venture capital firms to make revolutionary products. They are determined to make the most of their resources with their innovative approach.

Igor Babuschkin, an MIT graduate & acclaimed Machine Learning researcher, has been hired by Elon Musk to create an AI w/ an impartial approach. Babuschkin has been arrested but the Santa Clara County DA has decided not to pursue any charges. See how this works out!

Advanced Artificial Intelligence is paving the way for a new era in technology. Microsoft's recent move to integrate their AI-based ChatGPT with their Operational System could revolutionize productivity and workflows alike. Not only that, but Apple and Google are also looking into similar solutions, with Apple potentially buying a competitor to OpenAI. With the potential for AI to improve technology, computing, and productivity, all companies are looking to capitalise on the opportunity.