Totally agree. Recipe for vaporising money.
INVESTMENT
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OpenAI could raise $100 billion for general AI
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Sam Altman has privately suggested OpenAI may try to raise as much as $100 billion in the coming years to achieve its aim of developing artificial general intelligence that is advanced enough to improve its own capabilities, per The Information.
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OpenAI doubles its losses to $540M for ChatGPT
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Link (paywall): https://theinformation.com/articles/openais-losses-doubled-to-540-million-as-it-developed-chatgpt …
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Open Source AI Could Defeat OpenAI in the Competition
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This is an INCREDIBLE read. Open source, not OpenAI, might win the AI war! https://
semianalysis.com/p/google-we-ha
ve-no-moat-and-neither
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Apple Beats iPhone Revenue Targets, Raises Dividend and Buybacks
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Apple rising as iPhone revenue beats, raises dividend The raising of dividend and buyback authorization is an April rite of spring. https://
thetechnologyletter.com/the-posts/appl
e-rising-as-iphone-revenue-beats-raises-dividend
… $AAPL #investing #stocks #dividends #buybacks -
Companies Sound Alarm on Generative AI Business Risks
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Chegg was only the beginning: companies increasingly call out ‘Generative AI’ risks to their business https://
thetechnologyletter.com/the-posts/cheg
g-was-only-the-beginning-companies-increasingly-call-out-generative-ai-risks-to-their-business
… $CHGG $CRM $ADBE $META $PATH $DOCU $YEXT $MSFT $GOOGL $AMD $HUBS $UPWK $SPLK $RBLX $BIDU @OpenAI #investing #artificialintelligence #OpenAI #ChatGPT -
Tech Stocks Disappoint as Q1 Earnings Fall Short
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From Qualcomm to Informatica to FARO, an evening of tech disappointment The “micro” of the macro-economy hit hard in the first quarter. https://
thetechnologyletter.com/the-posts/from
-qualcomm-to-informatica-to-faro-an-evening-of-tech-disappointment
… $QCOM $QRVO $CFLT $BCOV $FARO $SYNA $INFA $UPWK $PCOR $HUBS $FROG #earningsseason #investing #stocks #tech -
Startup Chaos as Growth Indicator: The Optimal State
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for startups, chaos is directly proportional to growth chaos, to a certain degree, is usually an indicator the right stuff is happening chaotic and growing is the best state
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C3.ai CEO Siebel: Path to Sustainable Profitability
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Please enjoy my interview with Tom Siebel http://
C3.ai CEO Siebel: ‘We are committed to run a sustainably cash-positive, profitable business’ Real cash profits could be around the corner. https://
thetechnologyletter.com/the-posts/c3ai
-ceo-siebel-we-are-committed-to-run-a-sustainably-cash-positive-profitable-business
… $AI #investing #AI #software #generativeAI