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OpenAI in Talks for Deal That Would Value Company at $80 Billion
The San Francisco start-up’s valuation could triple in less than six months. OpenAI is in talks to complete a deal that would value the company at $80 billion or more, nearly triple its valuation less than six months ago, according to a person with knowledge of the discussions. The company would sell existing shares in…
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Alibaba, Tencent among investors in China’s rival to OpenAI with $341 million funding
Zhipu has raised more than 2.5 billion Chinese yuan ($341 million) this year, from backers including tech giants Alibaba and Baidu. Zhipu is one of China’s promising start-ups creating AI models, and is hoping to be the country’s answer to U.S. firm OpenAI. Zhipu’s statement about its investors comes at a time when the technology…
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Why this AI pioneer is calling for ‘human centered’ computing
Fei-Fei Li was a high school junior in Parsippany, N.J., when she turned to her math teacher for help — but not with math. As a recent immigrant from China, she was struggling to adapt to a new language and culture while working long hours at a restaurant to help her parents make ends meet.…
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Chutes & Ladders—Google DeepMind vet to join GSK as VP of artificial intelligence
Welcome to this week’s Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please send the good word—or the bad—from your shop to Max Bayer or Gabrielle Masson, and we will feature it here at the end of each week. Google DeepMind vet to join GSK as VP of artificial intelligence GSK Danielle Belgrave…
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Cher hits out at AI after hearing fake version of herself covering a Madonna track
Cher has hit out at the use of AI in the entertainment industry, suggesting it should be made illegal. The 77-year-old said she was “shocked” to hear an AI-generated version of her covering a Madonna song. “Not AI,” Cher began when asked about the rapidly developing technology by AP. “Someone did me singing a Madonna…
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Building on Governor Shapiro’s Executive Order, Shapiro Administration is Partnering with Pennsylvania State University to Help Commonwealth Agencies Lead on Generative Artificial Intelligence Usage and Governance
October 20, 2023 Press Release As one of Pennsylvania’s leading AI academic and research institutions, PSU will help provide the Commonwealth’s AI Governing Board with expert advice. The Governor’s Office of Administration already issued an initial IT policy governing generative AI and a website to solicit employee feedback. Harrisburg, PA – Today, Governor Josh Shapiro…
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How GitLab — With Google’s Help — Can Take On Microsoft In Artificial Intelligence
You might call it a David vs. Goliath story, with a twist. Relative newcomer GitLab (GTLB) — which went public just two years ago — is taking on Microsoft (MSFT) in the rapidly growing field of artificial intelligence, and could well pose a threat to the software behemoth in coming years. Meanwhile, GTLB stock could see…
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UNAOC High Representative’s Remarks at the 2nd Global Dialogue on Artificial Intelligence
Remarks by USG Miguel MoratinosHigh Representative for UNAOCat the “2nd Global Dialogue:Towards the World of OneHumanity – The Role of Artificial Intelligence” Friday, 20 October 2023Human Rights and Alliance of Civilizations RoomPalais des Nations, Geneva, Switzerland Good morning,Excellencies,Distinguished guests, I warmly welcome you all for joining our second dialogue on Artificial Intelligence. The public access…
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Cathie Wood explains how the artificial intelligence boom could propel Ark’s Innovation ETF
Ark Invest’s Cathie Wood said this week that investors in her firm’s flagship Ark Innovation ETF (ARKK) stand to profit given the artificial intelligence boom. “We’re ready for prime time,” she told Bob Pisani on CNBC’s “ETF Edge” on Monday. “The dream [of AI] is no longer; it’s a reality.” Ark’s Innovation fund, which focuses…
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AI is causing panic for authors. Now the courts are involved
When novelist Douglas Preston first started messing around with ChatGPT, he gave the AI software a challenge: Could it write an original poem based on a character from some of his books? “It came out with this terrific poem written in iambic pentameter,” Preston recalled. The result was impressive — and concerning. “What really surprised…
