Doubts about the profitability of the AI boom

The tech industry is investing heavily in AI infrastructure, but experts doubt its profitability. It is estimated that AI companies would need to generate $600 billion a year to justify the expense. So far, however, only a few giants like OpenAI dominate the market, while many smaller start-ups are struggling. The high cost of AI … Read more

Amazon working on improved Alexa

Amazon is apparently planning a major relaunch of its Alexa service, which has been losing money for years. According to Reuters, the company is planning to equip Alexa with a new AI system that will be offered in two tiers. A premium version could be available for around $5 per month and enable tasks such … Read more

Apple delays AI features in Europe

Apple is delaying the introduction of new AI features in Europe. The company cites privacy and security concerns related to the interoperability requirements of the Digital Markets Act (DMA). Experts see this as a sign that companies are taking competition laws more seriously. Apple promises it is working on a solution to make the features … Read more

Stability AI acquired by a group of investors

AI startup Stability AI, which specializes in image generation and is known for its Stable Diffusion tool, is acquired by a group of investors led by former Facebook president Sean Parker after financial difficulties. The investors provide $80 million to recapitalize the company. The goal is to develop a viable business model for Stability AI … Read more

Meta’s “Made with AI” label causes confusion

Meta’s labeling of images as “Made with AI” is causing confusion and criticism. The company wants to identify photos on its platforms that have been created using AI tools, but the automatic label does not work reliably. Many users report that photos that have only been edited with AI are also being labeled. Photographers criticize … Read more

Researchers claim dramatic improvements to energy efficiency

Researchers have found a way to dramatically improve the energy efficiency of large language models without sacrificing performance. Using their system, a language model with billions of parameters can be run on as little as 13 watts. The researchers have also developed proprietary hardware that further maximizes energy savings.

OpenAI delays much hyped “advanced voice mode”

The much-hyped new “advanced voice mode” for ChatGPT has been delayed by at least a month. It should now be available in late July or early August, initially for a small group of users only.

OpenAI’s revenue is growing rapidly

According to a report by The Information, OpenAI is experiencing rapid growth in revenue. Annual revenue is said to have doubled in the last six months to $3.4 billion. Most of the revenue comes from subscriptions to ChatGPT and from fees paid by developers. Microsoft also pays OpenAI a portion of the revenue from the … Read more

OpenAI acquires start-ups Rockset and Multi

ChatGPT company OpenAI acquires two startups: Rockset and Multi. Rockset, known for its real-time analytics database, will strengthen OpenAI’s infrastructure. The five-person team at Multi, specialists in screen sharing and collaboration, will strengthen the development of the ChatGPT desktop application. Industry experts are speculating about possible new features such as AI computer control or enhanced … Read more

OpenAI co-founder launches Safe Superintelligence Inc.

Ilya Sutskever, co-founder of OpenAI, has launched a new startup called Safe Superintelligence Inc. He is joined by Daniel Levy and Daniel Gross. The founders see “superintelligence” as the most important technical problem of our time. Such systems would go far beyond the capabilities of the human brain. Sutskever was previously part of the superalignment … Read more