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Musk's xAI Abandons $10 Billion Server Deal with Oracle, Vows to Build World's Most Powerful Training Cluster
Musk's xAI Abandons $10 Billion Server Deal with Oracle, Vows to Build World's Most Powerful Training ClusterOn July 10, reports surfaced that billionaire Elon Musk's artificial intelligence startup, xAI, has ended negotiations with Oracle for a $10 billion server agreement. xAI had been renting NVIDIA's AI chips from Oracle and sought to expand the existing deal...
Industry dynamics 2024-07-16 15:29:50 -
The Secret Behind Tesla Autopilot: Musk, Influencers, and Data Labelers
The Secret Behind Tesla Autopilot: Musk, Influencers, and Data LabelersTesla's Autopilot system is hailed as a marvel of machine learning, but the truth behind its development lies hidden within a team of "data labelers." These individuals review thousands of hours of video footage captured by Tesla drivers' cameras, constantly optimizing the car's driving behavior, teaching it when to use turn signals or recognize cones on the road...
Industry dynamics 2024-07-16 15:28:14 -
OpenAI's Five-Level Assessment System: Tracking the Milestones of AI Evolution
OpenAI's Five-Level Assessment System: Tracking the Milestones of AI EvolutionAs artificial intelligence (AI) technology continues to advance, people are filled with curiosity about its safety and future development. To better understand the capabilities of AI, OpenAI has established a five-level assessment system to track the progress of AI software surpassing human abilities...
Industry dynamics 2024-07-16 15:25:43 -
Microsoft exits OpenAI board observer seat: Regulatory concerns receding?
Microsoft exits OpenAI board observer seat: Regulatory concerns receding?On July 10, Microsoft announced that it is relinquishing its observer seat on OpenAI's board. The move has sparked widespread attention, especially considering Microsoft's substantial investment in OpenAI and the previous antitrust concerns surrounding the observer seat...
Industry dynamics 2024-07-16 15:25:08 -
How can experienced employees thrive in the AI era?
How can experienced employees thrive in the AI era?While there's a common perception that older employees struggle to adapt to new technology, they may hold a unique advantage in the field of artificial intelligence (AI). As AI rapidly evolves, many professionals, especially junior employees, fear that AI will replace their jobs...
Industry dynamics 2024-07-16 15:24:14 -
Tesla's Robotaxi Launch Delayed to October, Stock Plunges
Tesla's Robotaxi Launch Delayed to October, Stock PlungesJuly 12 - Tesla has pushed back the launch of its Robotaxi autonomous ride-hailing service from August 8 to October, according to people familiar with the matter. This news sent Tesla shares tumbling, marking their largest single-day drop since January...
Industry dynamics 2024-07-16 15:23:39 -
Tesla's Q2 Deliveries Exceed Expectations, Stock Surges Over 10%
Tesla's Q2 Deliveries Exceed Expectations, Stock Surges Over 10%Tesla on Tuesday, July 3rd, reported its second-quarter 2024 vehicle production and delivery figures, both exceeding analyst expectations, driving its stock price up over 10%.Here are the key figures:...
Industry dynamics 2024-07-04 14:12:38 -
Bitcoin Falls Below $60,000, Ethereum Drops Below $3,300
Bitcoin Falls Below $60,000, Ethereum Drops Below $3,300On July 3, Bitcoin's price fell below $60,000, with a daily decline exceeding 3.5%...
Blockchain 2024-07-04 12:31:08 -
Sam Altman: The AI Savior or Doomsday Prophet?
Sam Altman: The AI Savior or Doomsday Prophet? On July 2, Sam Altman, the CEO of OpenAI, set out to develop the world's first artificial general intelligence (AGI), a powerful machine capable of human-like thinking and reasoning. However, concerns have arisen about whether he might inadvertently create an AI overlord that views humans as inferior beings...
Industry dynamics 2024-07-04 12:16:48 -
OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalry
OpenAI eclipses Microsoft in AI model sales, igniting a friendly rivalryOpenAI, the startup behind the ChatGPT chatbot, has surpassed Microsoft in revenue from selling access to its AI models, including GPT-4, despite only establishing a sales team last year. This remarkable achievement, particularly compared to Microsoft, the world's largest enterprise and cloud software seller, has been achieved through a simple yet effective strategy: offering early access to new versions of generative AI capabilities and customizing software requirements for its biggest clients...
Industry dynamics 2024-07-04 12:13:03 -
Microsoft's Underwater Data Center Project Shelved: Exploration and Application
Microsoft's Underwater Data Center Project Shelved: Exploration and ApplicationOn June 26, 2023, Microsoft announced that its underwater data center experimental project, known as Project Natick, had been quietly shelved. However, the company stated that research findings from the project would be applied to other initiatives...
Industry dynamics 2024-07-04 12:11:09 -
Robinhood Plans to Launch Crypto Futures, Entering US and European Markets
Robinhood Plans to Launch Crypto Futures, Entering US and European MarketsSources familiar with the zero-commission investment and trading platform's plans have revealed that Robinhood Markets Inc. is considering launching cryptocurrency futures in the United States and Europe in the coming months...
Blockchain 2024-07-04 10:59:10
