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

Tech

Was Sam Altman fired over a frightening AI development?

Published

on

OpenAI researchers have reportedly issued a stark warning about a potentially groundbreaking advancement in artificial intelligence technology, which they fear could pose a significant threat to humanity.

This revelation comes amid the unexpected ouster of OpenAI’s CEO, Sam Altman, adding an extra layer of uncertainty to the situation, according to inside sources.

The previously unreported letter and AI algorithm was a catalyst that caused the board to oust Altman, the poster child of generative AI, the two sources said.

The exact nature of the AI breakthrough remains shrouded in secrecy, with researchers closely guarding the details.

However, the consensus among experts is that it has the potential to revolutionise AI capabilities, potentially surpassing human intelligence and control, raising ethical and safety concerns.

As the AI community grapples with the implications of this warning, questions about the timing of Sam Altman’s departure have emerged. Could there be a connection between the warning and Altman’s ouster?

Will this revelation trigger a race to develop safeguards against the newfound AI capabilities, or will it fuel a dangerous technological arms race?

In an increasingly interconnected world, where AI continues to play an ever-expanding role in our lives, the implications of this AI breakthrough are both intriguing and concerning.

How will governments, tech giants, and the global community respond to this potential threat?

Tech

Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

Published

on

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

video
play-sharp-fill
In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

on

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Download the Ticker app

Continue Reading

Tech

Memory shortages and rising prices could persist through 2027

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

Published

on

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.


Memory chips critical to consumer electronics and AI data centres remain in tight supply, keeping prices elevated despite production expansion by major players including Samsung and Micron.

Lenovo warns higher memory costs will hit budget devices first, even as PC demand stays strong from Windows 11 upgrades.

#Lenovo #ConsumerTech #PCMarket #Windows11 #TechPrices #Laptops #HardwareNews #DigitalEconomy


Download the Ticker app

Continue Reading

Trending Now