It of courses raises a ton of questions. How can OpenAI do this in the first place, and why now? Do they sell it at cost (or at a small loss) to keep people locked into the OpenAI ecosystem? Etc. etc. etc.
MARKET TRENDS
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AI Pricing Wars: Major Price Cuts Strategy Explained
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So, if you can't win on quality, you do the next best thing: win on price. It's one of the most aggressive price cuts we've seen as far as AI products go so far. And a devs I've spoke with have hoped for big price cut like this—from OpenAI or someone else.
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OpenAI Cuts Ada Embedding Model Price by 75%
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Today's issue is about what seems to be a grand tradition in AI announcements now. OpenAI, talking about a slew of product updates, said in a throwaway line it was cutting the price of its embedding model ada-002 by a whopping 75%.
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Confluent Stock Valuation Concerns After Analyst Day
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Confluent’s analyst day wasn’t quite enough for high expectations The stock is up this year fifty-seven percent, and now one of the most expensive software stocks around. https://
thetechnologyletter.com/the-posts/conf
luents-analyst-day-wasnt-quite-enough-for-high-expectations
… $CFLT #investing #Kafka #software #IPO #streamingdata -

AI and Workforce Analytics Evolution Four-Phase Strategy
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In the latest #CXOSpice, I had the privilege of discussing the intersection of #AI and #workforce strategies with Phil Willburn @workday
. We explored the four-phase evolution of workforce analytics and planning: Reporting, Research, Creating Skills and Creating Value. Don’t -
CEO Discusses AI Computing for Autonomous Vehicle Vision Systems
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Our CEO, Arun Iyengar, joins @BNNBloomberg to share more on our cutting-edge #AI #computing technology for autonomous vehicle vision systems and our partnership with @GM to help accelerate the development of self-driving cars. #AVs Watch now: https://
tinyurl.com/4hwnb4mt -

AMD Stock Falls Post-AI Conference Despite Strong Fundamentals
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AMD stock falls despite a good AI talk (although they're bouncing back today) Expectations were very high. https://
thetechnologyletter.com/the-posts/amd-
stock-falls-despite-a-good-ai-talk
… $AMD $NVDA $INTC #investing #stocks #AI #semiconductors -

Groq Innovation: Q3 Announcements and XB100 Solutions
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Innovation is an axiom of @GroqInc
. We are excited about new announcements coming in Q3 that show our solutions are best in class for specific emerging market needs. #XB100 @BessemerVP @xprize https://
bvp.com/xb100 -
Google’s Corporate Development Strategy for Reddit Acquisition
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I think the crowd that is like "Google should buy Reddit because search results" is still underestimating how good Google's corp dev team is. This is the same group that got Google to be the default engine in iOS. They will get a preferred API in some form.
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DataScienceLeaders S2: AI/ML Impact Stories Podcast
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🎉#DataScienceLeaders S2 is live! Kjell Carlsson hosts & Dave Cole shares insights from S1's 50 eps. Dive into #AI/#ML impact stories. Available on all #Podcast platforms. https://t.co/2h55LiW59l #TechLeadership #DataScience pic.twitter.com/5wHFmWohaE
— Domino Data Lab (@DominoDataLab) 14 juin 2023#DataScienceLeaders S2 is live! Kjell Carlsson hosts & Dave Cole shares insights from S1's 50 eps. Dive into #AI/#ML impact stories. Available on all #Podcast platforms. https://
domino.buzz/3p7Lzzx #TechLeadership #DataScience