“Apple isn’t paying OpenAI as part of the partnership (…) Instead, Apple believes pushing OpenAI’s brand and technology to hundreds of millions of its devices is of equal or greater value than monetary payments.”
INVESTMENT
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Databricks Projects 2.4B Run Rate with 60% Growth Acceleration
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new: Databricks told analysts at its investor briefing that it's expecting a $2.4 billion run rate for the first half of its 2025 fiscal year, which would represent over 60% growth. that would be an acceleration as some software companies trim forecasts
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Oklo’s nuclear ambitions race Sam Altman’s OpenAI timeline
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Oklo is another of the "pre-revenue" hopefuls in the struggle to devise safer, cleaner, cheaper nuclear energy. Sam Altman thinks it's a perfect fit for the enormous energy needs of AI. Will Oklo make money before OpenAI’s Altman cashes out? https://
fastcompany.com/91136574/oklo-
ipo-spac-sam-altman
…
$OKLO @sama -
Nvidia Maintains Dominant Lead in Latest AI Training Benchmarks
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I've been covering Nvidia for decades, and the way the company has held onto its dominant position is stunning to me. Latest AI training benchmarks show Nvidia has no competition Across a suite of neural network tasks, competitors' chips didn't even come close to Nvidia's
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Scaling Laws: How Compute Investment Improves Model Performance
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Next, “scaling laws” assert that overall loss is expected to improve as you scale up the compute used to train your model. This was the motivation for our current scaling paradigm—as you invest more in scale, your model reliably gets better instead of plateauing.
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Mistral AI Raises 600 Million Euros in Funding
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[#Article] @MistralAI confirms a fundraising round of 600 million euros https://actuia.com/actualite/mistral-ai-confirme-une-levee-de-fonds-de-600-millions-deuros/
… #AI #ArtificialIntelligence -
Elon Musk sues OpenAI over Microsoft alliance direction
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El salseo del día: Elon Musk, quien en su momento colaboró en fundar OpenAI y la abandonó en 2018 por discrepancias sobre la dirección que estaban tomando en su alianza con Microsoft -camino que les ha llevado a los LLMs-, ahora estaría interponiendo una demanda contra OpenAI.
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Mystery Company Ranked #4 on Buildlist LP Update
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[writing my next LP Update] I can’t actually explain what this company does but they’re ranked #4 on Buildlist.
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The OpenAI Effect: Oracle’s Earnings Report Analysis
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the OpenAI effect, Oracle edition https://
cnbc.com/2024/06/11/ora
cle-orcl-q4-earnings-report-2024.html
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Why Generative AI Chatbots Fail to Deliver ROI
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Check out my latest article: Why Your Generative AI Chatbot Isn't Getting You Any ROI #generativeAI https://
linkedin.com/pulse/why-your
-generative-ai-chatbot-isnt-getting-you-any-roi-padmanabhan-198mc
… via @LinkedIn