Amazon just made its largest outside investment in history at $2.75 Billion. In none other than Anthropic. This puts Anthropic's valuation at roughly $18.4 billion.
ECONOMY
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Token Processing Capacity as New Geopolitical Power in AI
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Request discuss this thesis and implications on tech politics and regulation in DC: In the context of AI and national power, the ability to process tokens is the new oil. The nation with an economy of AI that can process the most tokens has the advantage.
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Token Processing Power: The New Strategic Advantage for Nations
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In the context of AI and national power, the ability to process tokens is the new oil. The nation that can process the most tokens has the advantage.
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Technological Singularity: Understanding AI’s Phase Transition
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had a techno singularity a few years back and everyone is confused during takeoff, but it’s really just another traumatic phase transition akin to industrialization, infinitely scalable agro states, grammatical language before; each transition is orders of magnitude more rapid
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Corporate Narratives Hide Real Talk About Concentrated Capital
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YES! The civility politics that proscribe real talk about $ serve only corps narrating concentrated capital as scientific progress + funders engaged in chronic underfunding that produces potemkin 'solutions' with no chance of irl addressing the problems they're expected to solve.
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OpenAI Partners with US Builders for Usage-Based GPT Earnings
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We’re partnering with a small group of US builders to test usage-based GPT earnings. Our goal is to create a vibrant ecosystem where builders are rewarded for their creativity and impact and we look forward to collaborating with builders on the best approach to get there.
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AI Talent Wars: Million-Dollar Packages and Team Acquisitions
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The #AI boom is sending Silicon Valley’s talent wars to new extremes https://
wsj.com/tech/ai/the-fi
ght-for-ai-talent-pay-million-dollar-packages-and-buy-whole-teams-c370de2b?st=24c4vffdrynhs8w
… via @WSJ -
Economic Freedom and Personal Financial Choices in Tech
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Thanks Paul for continuing the fight. The end will bring clarity I am positive, and I hope it does so in a way that advances our collective economic freedom and personal financial choices.
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Future of FinTech: AI and Big Data Innovation
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Future of #FinTech
by @techmenttech #Finance #AI #BigData #ArtificialIntelligence #Digital cc: @pbalakrishnarao @rtehrani @pascal_bornet -
Microsoft’s AI potential and Reddit valuation in tech investment
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Sell-side most interesting: Microsoft’s AI year, why Reddit’s over-priced Microsoft’s Copilots may boost cloud revenue next year, Reddit’s stock price is too high even in a bullish scenario, hard disk drive maker Seagate has an AI angle, and how to “rent” AI stocks with options