John Ruich
👤 SpeakerAppearances Over Time
Podcast Appearances
The investments include $30 billion from the chipmaker NVIDIA, another $30 billion from the Japanese investment company SoftBank, and $50 billion from Amazon.
OpenAI says in a statement the partnerships expand its global reach, deepen its infrastructure, and strengthen its balance sheet.
Concerns about disruption from AI and the profitability of AI companies have rattled stock markets in recent weeks.
Tech companies have hauled in hundreds of billions of dollars to develop AI, but some critics say the return on investment is unclear.
OpenAI says bigger is better, and the leader in AI will have scale that requires money and customers.
It says ChatGPT already has more than 900 million weekly users.
and over 50 million subscribers.
OpenAI, the maker of ChatGPT, had an ad about its computer coding assistant.
Google ran one that showed AI making realistic images.
Meta showed off its Oakley AI glasses.
And Anthropic, which makes a chatbot called Claude, took a dig at OpenAI, which recently started testing ads in ChatGPT.
None of those or any of the others that focused on or used AI did particularly well with viewers.
That's according to USA Today's ad meter ratings.
The top ad there was for Budweiser, and it featured a Clydesdale horse and a bald eagle.
The European Commission, which is the executive arm of the EU, says features like TikTok's infinite scroll, autoplay and push notifications are in breach of the EU's Digital Services Act.
It says those and other design features, quote, fuel the urge to keep scrolling and shift the brain of users into autopilot mode.
That may lead to compulsive behavior and could harm the physical and mental well-being of its users, including minors.
It says TikTok disregarded important indicators of compulsive use and failed to implement reasonable, proportionate, and effective measures to mitigate risks.