“… much money we’ve lost through grossly inadequate risk controls then we’d go out of business because obviously they will withdrawal all the money that we now do not have.” (paraphrasing) That’s bad! You should not do that! You should not do any of that!
INVESTMENT
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Crypto Fund Faces Disclosure Duty Questions After 3AC Losses
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“You seem to be making light of an unfortunate incident.” Read the complaint, particularly the bit where the Canadian securities regulator (paraphrasing) asks “Hey don’t you owe a duty of disclosure if you just took a big hit from 3AC?” and they say “If our customers knew how…
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Cerebras Architecture Handles Massive Data Processing for AI
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(2/3) “Because of the way their system is architected, they can handle enormous amounts of data…it is an incredible solution for high-end data sets,” says Jim McGregor, an analyst with Tirias Research. “I would put Cerebras in [the] category of AI factory.”
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Architectural Advantage Drives Revenue Growth in AI Sector
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(3/3) Additionally, Pat Moorhead, founder and chief analyst at Moor Insights and Strategy, says “For the sole fact that they are driving some pretty impressive revenue, they can establish a niche. They have an architectural advantage.”
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The AI 100: Key People Shaping Artificial Intelligence
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Article: https://
businessinsider.com/the-ai-100-202
3-the-people-who-make-ai-intelligent-2023-10
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Hyper Recognized on Business Insider AI 100 2023 List
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Excited to rep Hyper on Business Insider’s AI 100 2023 list
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AMD Acquires Nod.ai to Strengthen AI Software Capabilities
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@AMD extends its open source AI software capabilities with the acquisition of http://nod.ai https://actuia.com/actualite/amd-etend-ses-capacites-logicielles-ia-open-source-avec-lacquisition-de-nod-ai/ … #AI #artificialintelligence #opensource
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OpenAI’s ChatGPT monetization strategy for premium services
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On OpenAI making profit and selling products: “We intend to continue to make ChatGPT available for free and will earn revenue from users and businesses that choose to pay for premium services. Given the high costs of developing and offering large scale foundation models, our
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OpenAI Non-profit Governance and Profit Return Policy
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Let’s start with OpenAI as it relates to our Non-profit governance: “OpenAI is still governed by our non-profit today: We put our mission ahead of profits, we limit financial returns to employees and investors, and we will return future profits above the limit to our
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Major Tech Giants: Apple Amazon Google Facebook Microsoft
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Apple Amazon Google Facebook Microsoft.