Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

This is the world’s most powerful rocket ever

Published

on

Artemis 1 is the first stage of a series of missions designed to send astronauts back to the moon as part of NASA’s Artemis program.

Here’s what you should know about it

NASA is on a mission to return astronauts to the moon as part of the Artemis program.

Its inaugural Artemis I mission will be an uncrewed expedition around the moon and serve as practice for future missions to Mars.

‘’And it’s back to the Moon and then on to Mars.”

NASA administrator, Bill Nelson

Here’s everything else you need to know about Artemis 1

NASA’s mega moon rocket – the Space Launch System – is scheduled to lift off on August 29.

“Ladies and gentlemen, the world’s most powerful rocket ever right here.’’

NASA administrator, Bill Nelson

Sitting on top of the 322-foot-tall rocket is the Orion astronaut capsule.

It is designed to separate from the rocket in space, ferry humans toward the moon

and rendezvous with a separate spacecraft that will take astronauts to the lunar surface.

The Space Launch System-Orion cost $37 billion to develop, including ground systems.

For the Artemis 1 mission, the Orion capsule will launch atop the Space Launch System without any humans

and orbit the moon before returning to Earth 42 days later.

If all goes according to plan, subsequent Artemis missions will follow, sending astronauts around the moon and back.

Artemis I is a crucial, long-delayed demonstration trip to the moon for NASA.

The U.S. space agency hasn’t sent any humans to the moon since 1972, when Apollo 17 astronaut Eugene Cernan left the last footprints on the lunar surface.

“NASA’s Artemis program will pave the way for humanity’s giant leap, future missions to Mars. There’s no doubt that we are in a golden era of human space exploration, discovery and ingenuity in space, and it all begins with Artemis 1.”

NASA administrator, Bill Nelson

Continue Reading

Tech

OpenAI revises Sora policy after Hollywood backlash

OpenAI revises Sora copyright policy, enhancing rights holders’ control and introducing revenue-sharing for character usage

Published

on

OpenAI revises Sora copyright policy, enhancing rights holders’ control and introducing revenue-sharing for character usage

video
play-sharp-fill
In Short:
– OpenAI updated Sora AI’s copyright policy, giving rights holders more control and implementing revenue sharing.
– Following criticism, Disney excluded its content, while users quickly embraced Sora, leading it to the top of the App Store.
OpenAI has modified its copyright policy for the Sora AI video app, responding to concerns from the entertainment industry.
The updated policy will grant rights holders greater control over how their characters are utilised. The company also plans to share revenue with those who allow their characters to be used in the app.Only days after Sora’s launch, Hollywood expressed significant criticism regarding its initial “opt-out” policy for copyright infringement. OpenAI CEO Sam Altman acknowledged the feedback and indicated that the changes would enhance rights holders’ ability to manage their intellectual property better.

Banner

Disney opted to exclude its content from the app following the initial backlash. Talent agency WME has communicated a strong need for protective measures for their clients as AI technology evolves and the potential for intellectual property infringement increases.

Users rapidly populated the app with videos featuring various copyrighted characters. Despite the criticism, Sora quickly reached the top of the iOS App Store.

Revenue Sharing

OpenAI announced a revenue-sharing initiative for content owners who enable their characters to be featured. Altman noted the unexpected volume of videos generated per user, indicating a need to share some revenue with rights holders.

Although the plan requires further refinement, implementation will commence shortly as the company explores diverse approaches within Sora.

The adjustment signifies a strategic shift for OpenAI amid rising scrutiny regarding AI-generated content and copyright laws as it navigates various legal challenges.


Download the Ticker app

Continue Reading

Tech

Meta locks in NVIDIA GPUs with CoreWeave until 2031

Meta’s landmark deal with CoreWeave secures NVIDIA GPU access through 2031, reshaping the AI and cloud infrastructure landscape.

Published

on

Meta’s landmark deal with CoreWeave secures NVIDIA GPU access through 2031, reshaping the AI and cloud infrastructure landscape.


Meta has struck a landmark deal with CoreWeave, securing long-term access to scarce NVIDIA GPU capacity through 2031. This partnership has the potential to reshape the cloud and AI infrastructure race, giving Meta a powerful edge in an industry where compute power is now as valuable as capital itself.

Brad Gastwirth from Circular Technology joins to break down what CoreWeave offers that AWS and Azure don’t, and how this deal validates the rise of specialised cloud providers. With GPU scarcity at record levels, the move highlights the lengths tech giants will go to secure critical resources.

We also explore what this means for the AI supply chain, from hyperscalers to startups, and whether power availability is now as big a bottleneck as chips. Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
:
#Meta #NVIDIA #CoreWeave #AI #CloudComputing #GPUs #TechNews #TickerNews


Download the Ticker app

Continue Reading

Tech

OpenAI completes $6.6 billion share sale at $500 billion

OpenAI completes $6.6 billion share sale at $500 billion valuation, cementing status as top private company globally

Published

on

OpenAI completes $6.6 billion share sale at $500 billion valuation, cementing status as top private company globally

video
play-sharp-fill
In Short:
– OpenAI’s $6.6 billion share sale allows employees to sell stock at a $500 billion valuation, up from $300 billion.
– The sale supports employee retention amid intense competition for AI talent without pursuing an IPO.
OpenAI has concluded a secondary share sale amounting to $6.6 billion, enabling current and former employees to sell stock at a valuation of $500 billion, as reported by Bloomberg.This valuation represents a significant increase from $300 billion earlier this year, indicating strong investor interest.

Banner

Reports indicate that OpenAI had initially authorised up to $10.3 billion for the share sale, although only about two-thirds of this was executed.

The offer was made to eligible employees who had held their shares for over two years, with participation starting in early September.

The recent share sale is OpenAI’s second significant tender offer in less than a year, following a $1.5 billion deal with SoftBank in November.

This transaction solidifies OpenAI’s position as the most valuable privately held company globally, surpassing SpaceX’s valuation of $456 billion.

Talent Competition

Intensified competition for AI talent has emerged, with companies like Meta reportedly offering substantial compensation packages to attract top researchers.

OpenAI is part of a trend among startups, including SpaceX, Stripe, and Databricks, utilising secondary sales to allow employee cash-outs while remaining private.

This strategy aims to retain talent and reward long-serving employees without pursuing an IPO.


Download the Ticker app

Continue Reading

Trending Now