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Elon Musk Leads $97.4 Billion Bid to Control OpenAI
Date: February 10, 2025Source: NBC New YorkElon Musk is leading a group of investors in offering $97.4 billion to buy control of OpenAI. The bid is for the nonprofit that oversees the AI startup behind ChatGPT. Musk's attorney Marc Toberoff submitted the offer on Monday, stating it's time for OpenAI to return to its original charitable mission. OpenAI CEO Sam Altman rejected the offer, saying 'no thank you but we will buy Twitter for $9.74 billion if you want.' The move escalates a legal dispute between Musk and Altman over OpenAI's transition to a for-profit entity.Link: https://www.nbcnewyork.com/news/business/money-report/elon-musk-and-investors-offering-97-4-billion-for-control-of-openai-wsj-reports/6143937/?os=wtmbrGj5xBaHAI chip startup Groq secures $1.5 billion commitment from Saudi Arabia
Date: February 10, 2025Source: MarketscreenerU.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips. This investment aims to enhance Groq's AI infrastructure and supercharge Saudi Arabia's digital transformation.Link: https://in.marketscreener.com/quote/stock/ARAMCO-103505448/news/AI-chip-startup-Groq-secures-1-5-billion-commitment-from-Saudi-Arabia-49011905/Vance makes his debut as VP on the international stage at a high-stakes AI summit in Paris
Date: February 11, 2025Source: ABC NewsU.S. Vice President JD Vance is making his debut on the international stage at a high-stakes AI summit in Paris. The summit, which includes major world leaders and tech titans, aims to foster AI advances in sectors like health, education, and environment. Vance will have a working lunch with French President Emmanuel Macron, discussing Ukraine and the Middle East. The summit also focuses on global AI governance and the future of work.Link: https://abcnews.go.com/Technology/wireStory/high-stakes-ai-summit-paris-world-leaders-tech-118642849Elon Musk-led group makes surprise bid of nearly $100bn for OpenAI
Date: February 11, 2025Source: Garrison LovelyElon Musk's group is offering $97.4 billion to buy OpenAI, aiming to block its conversion to a for-profit company. The bid complicates OpenAI's restructuring plans and raises questions about fair compensation for its nonprofit board. The move is part of Musk's ongoing legal battle against OpenAI's for-profit transition, which he argues would harm his interests.Link: https://garrisonlovely.substack.com/p/why-did-elon-musk-just-offer-to-buyMusk-led group makes $97.4bn bid for ChatGPT maker OpenAI
Date: February 11, 2025Source: Marketscreener.comA consortium led by Elon Musk has offered $97.4 billion to buy the nonprofit that controls OpenAI. This is another attempt by Musk to block OpenAI's transition to a for-profit firm. The bid is part of a longstanding feud with OpenAI CEO Sam Altman over the future of ChatGPT. Musk cofounded OpenAI with Altman in 2015 but left before it took off. He has since founded xAI, a competing AI startup. OpenAI is trying to transition to a for-profit entity to raise funds for AI model development.Link: https://www.marketscreener.com/quote/stock/MICROSOFT-CORPORATION-4835/news/Musk-led-group-makes-97-4-billion-bid-for-control-of-OpenAI-49014338/Exclusive: OpenAI set to finalize first custom chip design this year
Date: February 10, 2025Source: ReutersOpenAI is finalizing the design for its first in-house AI chip in the next few months and plans to send it for fabrication at Taiwan Semiconductor Manufacturing Co. (TSMC). The chip features a commonly used systolic array architecture with high-bandwidth memory (HBM) and extensive networking capabilities. This move aims to reduce OpenAI's dependency on Nvidia for its chip supply.Link: https://semiwiki.com/forum/index.php?threads%2Fexclusive-openai-set-to-finalize-first-custom-chip-design-this-year.22060%2FHow Canada’s Shopify is weaving AI ‘magic’ to pull in merchants
Date: February 10, 2025Source: Public.comHeather Perry made a bold bet before last year's holiday rush: switch all e-commerce operations to Shopify. The platform's AI tools have automated tasks previously reserved for large retailers, attracting small businesses.Link: https://public.com/posts/focus-how-canadas-shopify-is-weaving-ai-magic-to-pull-in-merchants-8457304080Tech Startups Under Fire For Exaggerated AI Claims And Ethical Risks
Date: February 10, 2025Source: ReutersThe article discusses the issue of AI washing, where companies exaggerate their use of artificial intelligence to attract investors and customers. This practice can lead to legal and ethical risks, including loss of credibility, regulatory issues, and adverse media attention. The article highlights the importance of transparency and ethical marketing practices in the AI field.Link: https://www.youtube.com/watch?v=DEUyABU8LuENokia Names Intel’s AI, Data Center Head as New CEO
Date: February 10, 2025Source: InvestopediaNokia has appointed Justin Hotard, the head of Intel's data center and AI group, as its new CEO. Hotard will start his role on April 1, 2025, replacing Pekka Lundmark. The move aims to boost Nokia's AI business and leverage Hotard's expertise in AI and data centers.Link: https://www.investopedia.com/nokia-names-intel-ai-data-center-head-as-new-ceo-8788781Macron’s deepfakes raise questions over AI use
Date: February 10, 2025Source: Barlamantoday.comFrench President Emmanuel Macron has used AI-generated deepfake videos to promote the Artificial Intelligence (AI) Action Summit in Paris. The videos digitally insert Macron into various scenes, including dancing at a party and acting in a movie. Experts have questioned Macron's use of deepfakes, warning that it normalizes deceptive AI-generated content and makes it harder to distinguish fact from fiction. The summit, which began on Monday, aims to discuss AI's role in governance, society, and the environment.Link: https://barlamantoday.com/2025/02/10/macron-uses-deepfake-video-to-launch-ai-summit-in-paris/?doing_wp_cron=1739230714.8921220302581787109375‘Engine of inequality’: delegates discuss AI’s global impact at Paris summit
Date: February 10, 2025Source: Ground NewsDelegates at the Paris summit discussed the global impact of artificial intelligence, highlighting its role in exacerbating inequality. The summit aimed to address the ethical and societal implications of AI.Link: https://ground.news/article/engine-of-inequality-delegates-discuss-ais-global-impact-at-paris-summitCitește și articolul: CEO-ul Bitget: Cum ar putea agenții AI să transforme industria cripto?
