The greatest barrier to a new, more powerful version of OpenAI’s iconic Chat-GPT is not technical but financial, CFO Sarah Friar said in a Bloomberg interview.
Category: TRENDS IN AI – Jan 7 2025
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SOFTBANK TEASES $100 MILLION INVESTMENT IN U.S. AI BY 2029
Softbank, Japan’s venture capital colossus, has slated a $100-million investment in the U.S. AI industry on hopes that the incoming Trump administration will accelerate the industry’s growth and dissemination.
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FED OFFICIAL FORECASTS PRODUCTIVITY BOOM, THANKS TO AI
As a young economist in the late 1990s at the Federal Reserve Bank of San Francisco, Mary Daly identified factors that soon led to a surge in U.S. economic productivity.
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GOOGLE’S AI WEATHERMAN IS TWICE AS ACCURATE AS HUMAN FORECASTERS
GenCast, Google’s new AI-based weather forecaster, absorbed daily weather data recorded in the European Centre for Medium-Range Weather Forecasts from 1978 through 2018.
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OPENAI WILL BECOME A PUBLIC BENEFIT CORPORATION
On 27 December, OpenAI announced that it will transform its for-profit subsidiary into a public benefit corporation.
