OpenAI has completed a new funding round, raising $6.6 billion in a deal that values the enterprise at $157 billion, nearing double the $86 billion it was valued at early this year.
Tag: AI
AS FORECAST: HUMANS ACTING AS DATA NODES FOR AI
There are more signs that AI is being developed via parasitic relationships with human “hosts.” It’s something we have long warned and forecast.
TECHNOCRACY BRIEFS: ELITES BUY ACTIVIST JOURNALISM, AND AI THAT WILL PUT YOU ON THEIR UBI STRING
The same Federal regulators currently harassing Elon Musk for his 2022 acquisition of Twitter and revamping the platform into X to actually promote free speech, just fast-tracked an American radio takeover by George Soros.
UN WANTS TO HANDLE AI (LIKE IT HANDLES WORLD CONFLICT)
The UN wants to create a permanent body to regulate AI development. But their September 2024 whitepaper “Governing AI For Humanity” mostly succeeds in showing why their elite-connected biases render them incapable of dealing with fast-advancing AI’s most serious dangers.
OPEN AI WILL HELP T-MOBILE HOLD ONTO ITS CUSTOMERS
OpenAI is partnering with cell phone company T-Mobile to build an AI that will help the phone service gain customers and keep those it has.
A CHATBOT IS NOW AN AUTHORIZED INVESTMENT ADVISOR IN ISRAEL
The Israel Securities Authority has approved a chatbot named Bridget to give advice about which stocks to buy or sell in response to users’ questions.
INVESTORS LINE UP TO BE PART OF OPENAI’S $6-BILLION FUNDING PACKAGE
After OpenAI recently announced it would seek $6 billion in new financing, investors grabbed their checkbooks.
OPENAI MULLS REINVENTING ITSELF AS KEY EXECUTIVES QUIT
OpenAI began in 2015 as a nonprofit organization intent on creating artificial intelligence that benefits humanity. It operates a for-profit subsidiary, with those profits flowing back to the nonprofit to fund research.
AI WILL BE WORTH ABOUT $1 TRILLION IN THREE YEARS, BAIN SAYS
With the market for AI platforms, services, hardware, and infrastructure growing by 40 to 55 percent annually, the technology’s economic value will leap from $185 billion in 2023 to as much as $990 billion before 2028, Bain & Co. concluded in a study.
ROBOTICS AND AI AUTOMATION VS. LONGSHOREMEN’S UNION
Automation: it’s a major reason why a national strike by America’s unionized dock workers may be about to bring the country to a supply chain standstill.