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Jamie Dimon joined other top business leaders at the glitzy White House dinner. See who joined him on the guest list

finance.yahoo.com Jamie Dimon joined other top business leaders at the glitzy White House dinner. See who joined him on the guest list. • None Leaders from JPMorgan, Microsoft, and Apple…

Analyst who correctly predicted Apple's stock drop reboots price target

thestreet.com For many years, one of the stock markets' great truths has been to buy and forget Apple stock in portfolios. That mantra has certainly paid off, given that Apple has…

Fintech giant Stripe says raised $694-million in tender offer

theglobeandmail.com Stripe said on Friday it had raised $694.2 million in the tender offer it had announced in February, when it agreed to let employees sell some of their shares in a deal that…

Google’s AI Narrative is Starting to Flip

thewrap.com Hours after Google wrapped its major cloud keynote on Tuesday, I sat down for dinner with three public tech company CEOs and a handful of journalists on New York’s West…

UK Competition and Markets Authority Raises Alarms Over Big Tech’s AI Dominance

cryptonews.com The UK’s Competition and Markets Authority (CMA), led by Sarah Cardell, has voiced its displeasure with the control of AI Foundation Models (FMs) by a small number of tech…

OpenAI Researchers, Including Ally of Sutskever, Fired for Alleged Leaking

theinformation.com OpenAI has fired two researchers for allegedly leaking information, according to a person with knowledge of the situation. They include Leopold Aschenbrenner, a researcher…

A New Wave of Foundation Model Developers Is Coming

theinformation.com For months, venture capitalists have been telling me the same thing: the foundation model game is over. Between OpenAI, Anthropic, Cohere, Google and dozens of open-source…

Funding for Generative AI Startups Shifts to Applications

theinformation.com In the world of generative artificial intelligence startups, chatbots are so 2023. This year, entrepreneurs and venture capitalists are building and backing new applications…

Cathie Wood discloses OpenAI stake, saying it’s ‘at the forefront of a Cambrian explosion in artificial intelligence capability’

fortune.com Cathie Wood’s Ark Investment Management has announced that it holds a stake in Silicon Valley artificial intelligence darling OpenAI, a bet that the nascent AI industry will…

Early OpenAI investor now bets on Sam Altman’s firm being wrong

semafor.com The Scene Venture capitalist Vinod Khosla made one of the shrewdest bets of his career in 2019, when he put $50 million into OpenAI, now the darling of the generative AI…

Adobe will fork over cash for clips to train text-to-video AI

theregister.com Adobe is building its own AI model capable of transforming text into video and, unlike other companies, will actually pay creators of the material used to train it. Using AI…

Adobe's Firefly Image Generator Was Reportedly Trained on AI Images From Midjourney, Other Rivals

entrepreneur.com Adobe gave bonus payments to people who contributed to the Adobe Stock database to train its AI, even those who submitted AI-generated images. On Friday, Bloomberg reported…

Beyond Basics: Voice Assistants Enter the Era of Reasoning

pymnts.com Voice assistants have already made significant strides in areas such as smart home integration, educational settings, and business applications. However, their current…

Cathie Wood's Ark invests in OpenAI

investing.com Cathie Wood’s Ark has invested in AI powerhouse OpenAI through its Ark Venture Fund (NASDAQ: ARKVX), according to an email sent from the fund on Thursday. OpenAI is the…

OpenAI Hosts Hundreds of Corporate Executives to Demonstrate ChatGPT Enterprise

pymnts.com OpenAI is reportedly stepping up its efforts to sell its artificial intelligence services to corporates worldwide. The company’s CEO, Sam Altman, hosted meetings this month…

Microsoft (NASDAQ:MSFT) Slips as OpenAI Breaks Cover

tipranks.com While Microsoft’s (NASDAQ:MSFT) backing likely made OpenAI what it is today, there are signs that OpenAI won’t remain a loyal fiefdom to Microsoft ...

ChatGPT “More Conversational” After Major GPT-4 Update

tech.co A significant upgrade to GPT-4 – OpenAI’s most advanced publicly available model – has made ChatGPT more conversational and concise, the startup has revealed. A more…

How soon will machines outsmart humans? The biggest brains in AI disagree

ft.com Elon Musk’s prediction that artificial intelligence will surpass human experts by 2025 sets him apart from rivals at OpenAI, Google and Meta

OpenAI makes ChatGPT 'more direct, less verbose'

techcrunch.com OpenAI announced today that premium ChatGPT users — customers paying for ChatGPT Plus, Team or Enterprise — can now leveraged an updated and enhanced version of GPT-4 Turbo,…

This Week in AI: Supersmart AI, Custom Chips, Data Drought and Mental Health Chatbots

pymnts.com This week in artificial intelligence (AI) news, experts weigh in on Elon Musk’s prediction that AI will soon outsmart humans, companies are building custom AI chips to cut…

I Made My Dream Home For Free With Architecture AI Vitruvius

entrepreneur.com The AI architect, Vitruvius, created three designs in minutes, complete with floor plans and pictures of the inside and outside of the house. Construction technology company…

Sam Altman pushes ChatGPT mass adoption among Fortune 500 companies: Report

cointelegraph.com OpenAI’s CEO Sam Altman and team hosted hundreds of executives from Fortune 500 companies to pitch AI services to diversify revenue streams and tap into new markets.

EigenLayer restaker ether.fi closes $500M deal with RedStone Oracles

cryptobriefing.com EigenLayer-based liquid restaking protocol ether.fi and RedStone Oracles, a provider of data feeds for blockchains, have announced the finalization of a $500 million…

Europe’s A.I. ‘Champion’ Sets Sights on Tech Giants in U.S

nytimes.com Arthur Mensch, tall and lean with a flop of unkempt hair, arrived for a speech last month at a sprawling tech hub in Paris wearing jeans and carrying a bicycle helmet. He…

Tesla bull Cathie Wood's $54 million Ark Venture Fund invests in Sam Altman-led OpenAI, and Elon Musk sued both last month

fortune.com Cathie Wood’s Ark Investment Management has announced that it holds a stake in Silicon Valley artificial intelligence darling OpenAI, a bet that the nascent AI industry will…

8 great alternatives to ChatGPT for workers

siliconrepublic.com ChatGPT is good, but there are a lot of other similar tools workers can use that perhaps aren’t as well known as OpenAI’s beast. Here are just a few. Is it just us, or is…

Apple Signal of AI Intent Unleashes $112 Billion Stock Surge

finance.yahoo.com The stock market has punished Apple Inc. this year for failing to offer a vision of where its future growth will come from. The shares caught a bid Thursday after the tech…

Exclusive-OpenAI's Altman pitches ChatGPT Enterprise to large firms, including some Microsoft customers

aol.com OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives…

Ark Invest sells another $20 million worth of Coinbase shares, adds OpenAI to Venture Fund

theblock.co Ark’s Venture Fund also invested in OpenAI this week — the artificial intelligence firm led by Worldcoin co-founder Sam Altman.

Amazon CEO: Don't Wait for Us to Launch a ChatGPT Competitor

pcmag.com If it seems like Amazon is lagging behind competitors like Microsoft, Google, and OpenAI when it comes to generative AI, CEO Andy Jassy has an explanation. In his annual…

Millennial boss of OpenAI challenger says AGI predictions driven by 'very religious' ideals

fortune.com Tech’s biggest CEOs from Elon Musk to Sam Altman are sounding the alarm on an apparent inevitability: AI is going to be smarter than you very soon. But the fresh-faced boss…

Elon Musk to Raise $4 Billion for xAI, Challenging ChatGPT

bitdegree.org Tesla's CEO Elon Musk is in the process of securing up to $4 billion in funding for his latest venture, xAI, an artificial intelligence (AI) startup. The company, which…

AI companies are courting Hollywood. Do they come in peace?

latimes.com OpenAI, the company behind ChatGPT and Sora, is attracting a lot of attention in the film and TV business. Artificial intelligence is coming to Hollywood — but is Hollywood…

OpenAI Lawyers Up, Paramount's Messy Merger, and Guest Isaac Arnsdorf

dcs.megaphone.fm Kara and Scott discuss Jeff Bezos and Lauren Sanchez's showstopping appearance at the White House state dinner, David Chang's chili crunch drama, and Meta facing pushback on…

$10 Billion Productivity Startup Notion Wants To Build Your AI Everything App

forbes.com Notion cofounder Ivan Zhao captivated Silicon Valley investors and everyday consumers alike with a sleek productivity app that went so viral its servers crashed. Now, the…

Elon Musk’s xAI Takes on OpenAI: $4 Billion Funding Goal Set

beincrypto.com Elon Musk’s nascent artificial intelligence venture, xAI, has set its sights on securing between $3 billion to $4 billion in funding, eyeing a valuation of $18 billion.…

U.K.'s antitrust watchdog sounds the alarm over Big Tech AI grip as it uncovers an 'interconnected web'

fortune.com Britain’s antitrust watchdog warned that investments in artificial intelligence by the likes of Alphabet Inc.’s Google, Apple Inc., and Microsoft Corp. warrant deeper…

A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold For a Decade

finance.yahoo.com Artificial intelligence (AI) has burst onto the scene in a big way over the past year or so. The forerunners of modern AI have been around since the 1950s, but recent…

Big banks are in a race to get AI right

axios.com The leaders of America's largest banks are convinced that AI will transform their businesses — but they're mostly struggling to implement more than a handful of AI products,…

UK watchdog hackles raised by AI-cloud partnerships

theregister.com The UK's competition watchdog sniffed around the AI industry with a bit more interest than usual on Thursday at an antitrust event in the US. Speaking at the 72nd Antitrust…

10 Million Users and Counting: Can Worldcoin Sustain Growth Amid Regulatory Pressure?

beincrypto.com Worldcoin, the ambitious crypto project co-founded by OpenAI’s Sam Altman, has soared past a major milestone. On April 11, 2024, Tools for Humanity (TFH), the organization…

AI-Music Arms Race: Meet Udio, the Other ChatGPT for Music

rollingstone.com Just last year, many experts believed an AI model capable of generating complete, high-fidelity songs from text prompts wouldn’t arrive anytime soon, but now, an arms race…

Cathie Wood’s Ark Invest Declares Its Holdings In ChatGPT’s OpenAI

coingape.com Cathie Wood’s Ark Investment has been actively betting on the crypto and AI space, and in its latest disclosure, Ark Invest. disclosed its holdings in ChatGPT’s parent firm…

Can AI analyses about AI content reveal anything about AI and copyright?

digiday.com What happens when an AI model is asked to analyze human thoughts about AI and copyright? As tech giants and startups alike move forward with AI models, the legal landscape…

Cathie Wood’s Ark Invest Reveals Stake in OpenAI

coinpedia.org The post Cathie Wood’s Ark Invest Reveals Stake in OpenAI appeared first on Coinpedia Fintech News Ark Investment Management, led by Cathie Wood, has just made a bold move…

OpenAI CEO wants UAE Dubai into his plan for a global AI cabal

theregister.com OpenAI CEO Sam Altman's latest stop on his AI emperor roadshow was in the United Arab Emirates, where he floated the idea of a global consortium of governments and private…

Why It Seems Like Every AI Company is Making Their Own Chip

pymnts.com Big Tech firms are racing to develop custom chips that supercharge the efficiency and cut costs of artificial intelligence (AI). Meta has launched its latest generation of…

Analyst updates stock price target for Facebook parent Meta

thestreet.com Okay, so is anyone not developing their own AI chip? Artificial intelligence has been driving a veritable blitzkrieg of buzz as analysts forecast a brave — and perhaps…

‘I discovered DALL-E and was blown away’: How artists are using AI to create very offline art

aol.com Hello and welcome to Eye on AI. In recent issues, I’ve covered why artists and creatives are pushing back on generative AI. In short, they worry about their work being used…

Wave of AI Models Signals Intense Industry Rivalry

pymnts.com The rise of several artificial intelligence models indicates a fresh surge in industry rivalry, possibly setting the stage for an array of innovative commercial…

National Beat: Shakeup at OpenAI fund, Guy Fieri backs fintech startup and Startups to Watch

bizjournals.com OpenAI CEO Sam Altman is no longer the owner or a managing partner at the eponymous "startup fund" he has been associated with for over two years. In this week's National…

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