Independent thinking for complex markets and current events
Bombshell statement from one of America’s leading technocrats gets scant attention from corporate mainstream media LEO HOHMANN April 8, 2024 Larry Summers is not just any businessman. He has membership in the Trilateral Commission, the Council on Foreign Relations, has previously served in the Clinton and Obama administrations, and recently became a member of OpenAI’s …
It is reported that Elon Musk has filed a lawsuit against OpenAI . The lawsuit accuses Sam Altman and OpenAI of violating the agreement they made when they founded the artificial intelligence research company to develop the technology for the benefit of humanity rather than for profit It is reported that Elon Musk has filed …
Type in a scene and it poops out a world to video, all made up out of thin air (and compute). This is starting to get good now and rumor is they have had it for a year. Here is a better one than the embed below https://openai.com/sora?video=tokyo-walk This is an example of OpenAI’s new …
via Mike Shedlock: Big tech vs big media will be a major theme in 2024. Revenge of the Attorneys Revenge of the attorneys in 2024 – a BIG (data) theme in the New Year. Bankruptcy & Copyright practices will be BOOMING. Expect this to be the first headline of too many to count: “New York …
The New York Times has sued OpenAI and Microsoft over copyright infringement, seeking to end the companies’ practice of using its stories to train chatbots. The newspaper filed a lawsuit in the United States federal court in Manhattan on Wednesday, alleging the companies’ powerful artificial intelligence (AI) models used millions of its articles for training …
by Chris Black Why is no one talking about what just happened? Quick rundown: >Open AI was created as a non-profit with a core mission to leverage AI to better humanity. >founding constitution has a clause which instructs the handling of a true AGI, should that ever come into existence. >Specifically, the company recognizes the …
Nov 22 (Reuters) – Ahead of OpenAI CEO Sam Altman’s four days in exile, several staff researchers wrote a letter to the board of directors warning of a powerful artificial intelligence discovery that they said could threaten humanity, two people familiar with the matter told Reuters. The previously unreported letter and AI algorithm were key …
OpenAI said Sam Altman will return as chief executive of the artificial-intelligence startup that he co-founded, ending a dramatic five-day standoff between him and the board that fired him. OpenAI said the parties were “collaborating to figure out the details.” The company announced the formation of a new initial board that won’t include three of …
Sam Altman hired by Microsoft, 600 OpenAI employees threaten to quit in protest of his ouster Sam Altman, a prominent executive behind the rise of artificial intelligence, was hired by Microsoft days after being ousted as CEO of OpenAI, eliciting a letter signed by nearly 600 employees at OpenAI calling for the resignation of the …
by DutchKevv I’m just baffled how nobody in upper management noticed that the company had so many loyal people working, for a great CEO. 500/700 are mentally ready to leave openAI and a lot probably will. Not to mention the cheap price for MSFT to basically fully takeover OpenAI. I’m baffled. Update: it’s now 670 …
by Chris Black So what does a 1/10 speed do when the growth is exponential? Get to the same result an hour later? The drama just won’t end – The new CEO seems like an AI Doomer! WHAT EVEN! Here I was thinking Ilya wants to focus on AGI and get there safely ASAP pic.twitter.com/LAjxz9G3Ps …
OPENAI WAS IN open revolt on Monday with more than 600 employees signing an open letter threatening to leave unless the board resigns and reinstates Sam Altman as CEO, along with cofounder and former president Greg Brockman. Altman was controversially fired by the board on Friday. “The process through which you terminated Sam Altman and …
As (completely unfounded) rumors swirl over the OpenAI board’s sudden shock firing of CEO and co-founder Sam Altman, Bloomberg reports, citing people familiar with the matter, that in recent weeks, Altman was actively working to raise billions from some of the world’s largest investors for a new chip venture to reportedly rival NVDA’s. The project …
https://www.theverge.com/2023/11/17/23965982/openai-ceo-sam-altman-fired He literally changed the world with this tech and the board shoots him? Just like that? He took the company from $0 to $80 billion in months. For those who don’t know, OpenAI is the company that owns GTP and pioneered generative AI. There’s a lot we’re not being told. Anyone care to speculate? …