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Elon Musk offered to buy OpenAI for $97.4 billion

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In today's Techpresso:

๐Ÿ’ธ Elon Musk offered to buy OpenAI for $97.4 billion

โŒ US and UK refuse to sign AI safety declaration at AI summit

๐Ÿ’ฅ JD Vance warns against 'excessive' AI regulation

๐Ÿš— BYD to offer Tesla-like driver assist, even on its cheapest models

๐Ÿค Apple strikes deal to bring AI to China

๐Ÿ“บ YouTube is now even bigger on TVs than phones

๐ŸŽ + 12 other news you might like

๐Ÿ”ฎ + 2 handpicked research papers and tools

๐Ÿ’ธ Elon Musk offered to buy OpenAI for $97.4 billion LINK

  • Elon Musk has proposed to acquire OpenAI for $97.4 billion, intensifying tensions with CEO Sam Altman, who humorously countered with an offer to buy Twitter for $9.74 billion.
  • Musk, who co-founded OpenAI but later left, has criticized the company's shift towards a for-profit model, arguing it strays from its original mission to develop AI for public benefit.
  • The bid involves Musk's AI startup xAI and other investors, potentially complicating OpenAI's transition to a for-profit entity and raising questions about its valuation of nonprofit interests.
  • โŒ US and UK refuse to sign AI safety declaration at AI summit LINK

  • The US and UK declined to sign a declaration at the AI Action summit in Paris, where about 60 countries agreed on ensuring AI is "safe, secure and trustworthy."
  • US Vice President JD Vance emphasized maintaining American dominance in AI technology, stating that powerful AI systems should be built in the US with American-made chips.
  • Europe announced plans for significant investments in AI infrastructure, aiming to become less dependent on the US or China for technological advancements.
  • ๐Ÿ’ฅ JD Vance warns against 'excessive' AI regulation LINK

  • At the AI Action Summit in Paris, Vice President J.D. Vance emphasized the Trump administration's stance against excessive AI regulation, suggesting it could hinder U.S. dominance in the field.
  • Vance proposed a U.S. AI action plan focused on maintaining global leadership in AI technology and promoting pro-growth policies, while inviting other nations to adopt similar models.
  • He criticized the emphasis on AI safety, arguing it detracts from industrial progress, and stressed the importance of using AI for job creation and resisting censorship.
  • ๐Ÿš— BYD to offer Tesla-like driver assist, even on its cheapest models LINK

  • BYD is introducing its "God's Eye" self-driving technology in budget electric vehicles, starting with the Seagull model priced at $9,500, making advanced features more accessible.
  • The advanced driver assistance system, developed in-house by BYD, includes features like remote parking via smartphones and autonomous overtaking, previously found only in upscale electric cars.
  • BYD has expanded its technology to various vehicle lineups, including Ocean, Han, Song, and Yuan, as well as hybrid models, reflecting its commitment to making good technology available to everyone.
  • ๐Ÿค Apple strikes deal to bring AI to China LINK

  • Apple has partnered with Alibaba to introduce Apple Intelligence features to the Chinese market, aiming to enhance iPhone, iPad, and Mac sales amid strong local competition.
  • The collaboration with Alibaba is crucial due to Chinese government restrictions that require foreign companies to work with domestic firms for AI feature deployment.
  • Apple tested DeepSeek's models but chose not to incorporate them in its China AI strategy, indicating a preference for multiple Chinese partnerships to develop various AI features.
  • ๐Ÿ“บ YouTube is now even bigger on TVs than phones LINK

  • YouTube CEO Neal Mohan announced that people are watching more than 1 billion hours of YouTube on their televisions daily, surpassing mobile viewing time.
  • Significant changes to the YouTube TV app, including layout updates and interactive features, have helped the platform maintain its top streaming position in the US for two years.
  • YouTube TV has over 8 million subscribers, while YouTube Premium and Music subscriptions have exceeded 100 million, with plans to enhance popular features and introduce new benefits.
  • Other news you might like

    Latest research and tools

    GITHUB โ€ข 124 points View Source
    TinyX: Small Featured X Server: TinyX: a compact X server implementation that provides essential graphical interface capabilities for resource-constrained environments, making it suitable for embedded systems and devices with limited processing power and memory.

    GITHUB โ€ข 53 points View Source
    Nocc โ€“ A Distributed C++ Compiler: Nocc: a distributed C++ compiler that speeds up compilation by parallelizing tasks across multiple remote machines, significantly enhancing re-compilation times in CI/CD pipelines and for developers working on large-scale projects.


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