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Tech Brew Ride Home

Mon. 11/13 – Can OpenAI Outrun Everybody?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 13 November 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

OpenAI is probably going to raise a ton more money to attempt to stay at the top of the AI heap. You might get your money back if you get scammed on Zelle all of the sudden. Would you trust ex-FTX executives to launch a new crypto exchange? And why did Apple pause all OS development for a week recently? Sponsors: Collective.com/ride and tell them ride sent you Miro.com/podcast Links: OpenAI chief seeks new Microsoft funds to build ‘superintelligence’ (Financial Times) Exclusive: Google in talks to invest in AI startup Character.AI (Reuters) Payments app Zelle begins refunds for imposter scams after Washington pressure (Reuters) Key Witness at Sam Bankman-Fried Trial to Launch New Crypto Exchange (WSJ) Apple Is Taking Extra Care With ‘Ambitious’ iOS 18 Update (Bloomberg) Sony PlayStation Portal Review (PCMag) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Right Home for Monday, November 13th, 2023.

0:07.5

I'm Brian McCullough today.

0:09.0

Open AI is probably going to raise a ton more money to attempt to stay on top of the AI heap.

0:14.6

You might get your money back if you get scammed on Zell all of the sudden.

0:18.4

Would you trust X FTX executives to launch a new crypto exchange?

0:21.9

And why did Apple pause all OS development for a week recently?

0:25.4

Here's what you missed today in the world of tech.

0:28.4

They're not done yet, maybe not even remotely.

0:35.0

Sam Altman says he expects to quote raise a lot more money from Microsoft and other

0:40.7

investors to keep up with the punishing costs of building more

0:43.8

sophisticated L.L. M's, quoting the Financial Times. In an interview with the

0:49.0

Financial Times, Altman said his company's partnership with Microsoft Chief

0:52.3

Executive Sucha Nadella was working really well. said his company's partnership with Microsoft Chief Executive

0:52.7

Sachin Nadella was working really well and that he expected

0:55.8

to raise a lot more over time from the Tech Giant,

0:59.0

among other investors, to keep up

1:00.4

with the punishing cost of building more sophisticated AI models.

1:04.0

Microsoft earlier this year invested $10 billion in open AI as part of a multi-year agreement that

1:08.2

valued the San Francisco-based company at $29 billion according to people familiar with the talks.

1:13.2

Asked if Microsoft would keep investing further, Altman said,

1:16.8

I'd hope so, he added, quote,

1:18.8

there's a long way to go and a lot of compute to build out between here and AGI training expenses are just

...

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