OpenAI Rethinks AI Safety Strategy After Key Team Members Depart
OpenAI disbands safety team after leaders' departures, integrates into broader research efforts. Biden Admin. engages tech firms on AI dangers.
We Tried ChatGPT 4: Here Are 5 Best Features From OpenAI
The new iteration of the AI-powered chatbot is more advanced, makes less mistakes and gives users more capabilities compared to ChatGPT 3.5.
Netflix’s Advertising Strategy Promises Big, with 40M Ad-Supported Viewers and Unique Ad Integration Plans, Analysts Says After Event
Oppenheimer analyst reiterated Outperform rating on Netflix with price target of $725. Netflix showcased robust content slate, ad partnerships, & upcoming ad platform launch. Ad revenue ramp may take time. Other analysts maintained Neutral/Sell ratings.
Nvidia-Backed AI Firm CoreWeave Secures $7.5B In Debt Financing: Report
CoreWeave, an AI cloud-computing startup supported by Nvidia, has secured $7.5 billion in debt financing from Blackstone, Carlyle Group, and BlackRock. This funding follows a $1.1 billion equity round, valuing CoreWeave at $19 billion. The funds will expand their data centers and purchase AI chips.
Reddit’s Inclusion Of ChatGPT Triggers IBM Watson Fiasco Déjà Vu: A ‘Recipe For Disaster’?
Reddit user expresses concern over the potential for an "AI brain explosion" as OpenAI crawls through "soooo much stupidity."
TikTok Wants To Compete With YouTube, Trials Longer Videos for Full TV Episodes on the Platform
TikTok is testing 60-minute video uploads for select users, challenging platforms like YouTube. LinkedIn and Uber Eats are also exploring short-form video features.
Market Clubhouse Morning Memo – May 17th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Snowflake Set to Acquire Reka AI for Over $1B, Expanding Its Generative AI Offerings
Snowflake Inc (NYSE: SNOW) to acquire Reka AI for over $1 billion. Reka specializes in large language models and could enhance Snowflake's AI capabilities.
Figma Sets $12.5B Valuation in New Equity Offering, Falling Short of Adobe’s Acquisition Offer
Figma announces tender offer for investors to sell shares at $12.5B valuation, marking 25% increase from 2021. Deal falls short of Adobe's $20B offer.
Disney Following Netflix’s Footsteps Out Of App Stores? Bob Iger Demands Better Deals From Apple, Google
Iger expressed his dissatisfaction with the current revenue-sharing model at the MoffettNathanson-hosted conference. He pointed out that Disney is losing a significant portion of its earnings to the Big Tech app stores that distribute its streaming services, such as Disney+ and Hulu.