Good morning! This is your daily ☕️ Techpresso.
In today's Techpresso:
💥 Elon Musk wants to stop OpenAI's for-profit shift
👔 Intel CEO is out
💸 OpenAI could introduce ads soon
🇺🇸 New US chip sanctions on China
🤖 Inflection AI CEO says it’s done trying to make next generation AI models
🎁 + 5 other news you might like
🔮 + 1 handpicked research papers and tools
💥 Elon Musk wants to stop OpenAI's for-profit shiftLINK
Elon Musk has intensified his legal efforts to prevent OpenAI from transitioning to a fully for-profit business, citing violations of its founding non-profit principles and breach of contract.
Musk's lawsuit targets practices by OpenAI, Microsoft, and former board members, accusing them of anti-competitive behavior by improperly using sensitive information to unfairly benefit, hindering competition.
OpenAI, originally founded by Musk and Sam Altman as a non-profit, became a commercial entity in 2020, and Musk's actions could significantly impact its $150 billion valuation and ongoing fundraising initiatives.
👔 Intel CEO is outLINK
Pat Gelsinger has retired as Intel CEO effective December 1, stepping down from Intel's board, marking the end of his ambitious but challenging efforts to revamp the company.
Interim leadership at Intel will include David Zinsner and Michelle Johnston Holthaus as co-CEOs, with Holthaus also taking a new role as CEO of Intel Products, covering several of the company's crucial divisions.
Despite Gelsinger's initiatives, Intel faced multiple setbacks, including a significant drop in revenue and a historic quarterly loss, prompting the board to continue efforts in restructuring and streamlining operations.
💸 OpenAI could introduce ads soonLINK
Sarah Friar, OpenAI's CFO, mentioned the company is considering ads in ChatGPT to help cover costs, especially for users who are not on the paid version.
Although there are no current plans for advertising, OpenAI aims to be strategic about ad placement if they decide to introduce them in the future.
OpenAI has acquired talent from Instagram and Google's advertising sectors, and Sam Altman is increasingly open to ads, highlighting a potential shift towards monetization through this method.
🇺🇸 New US chip sanctions on ChinaLINK
The United States is preparing to impose new export restrictions on semiconductor technology to China, affecting around 140 Chinese companies, including Naura Technology Group.
The sanctions aim to curb China's advancements in artificial intelligence and military uses, potentially barring shipments of advanced memory chips and specific chipmaking tools.
This action is part of a broader strategy by the Biden administration and follows previous measures from October 2022, as China seeks to increase domestic production to reduce foreign dependency.
🤖 Inflection AI CEO says it’s done trying to make next generation AI modelsLINK
Inflection AI was once a leading startup in AI model development but has shifted its focus as its new CEO announced they are no longer competing to create next-generation AI models.
After a major change, including the former CEO moving to Microsoft and a shift to targeting enterprise customers, Inflection is now focusing on expanding its tools by acquiring smaller AI startups.
Inflection aims to compete in the enterprise sector by offering AI solutions that can run on-premise, which may appeal to companies preferring data security over using cloud-based AI services.
Other news you might like
Perplexity mulls getting into hardware.LINK
AWS opens physical outlets that let customers upload their data.LINK
ChatGPT search provides inaccurate sources even for OpenAI partner publishers.LINK
Full Intel Arc B570 GPU specifications leak ahead of launch.LINK
The Browser Company teases Dia, its new AI browser.LINK
Latest research and tools
KlongPy: a Python tool for high-performance array programming that integrates NumPy and CuPy for efficient CPU and GPU computations, blending Klong language simplicity with Python's libraries to develop a range of complex applications swiftly.LINK
Want to get the latest news differently? Find us on:
See you tomorrow for a new dose of ☕️ Techpresso!
-min.png){kind=small}
.png){kind=small}
