The Next Web (1 hour ago)
OpenAI will be ready to go public in 2027, president Greg Brockman said on Wednesday. Speaking at a Wall Street Journal tech conference in Napa, California, he also said that business customers now account for most of the company’s sales, Reuters reported.
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Employers seem to favor specialist AI skills over uni degrees, but degrees and traditional skills are still in demand.
After four of the biggest competitors in the AI race held quarterly earnings calls late last month, two things are clear: Big Tech is not done spending record amounts on the AI data center buildout, and the AI data center buildout is not any closer to yielding its promised returns.
Generative AI is a game changer for e-commerce. Product photos, videos, social posts and entire ad campaigns used to take time, budget and a team. Now they can be made in minutes. For the price of a monthly subscription. At the same time, everything else is getting more expensive.
OpenAI says its Critical-rated cyber model met fewer hidden task goals when work was framed as AI safety research, often silently.
The company claims it would actually save money on bug bounties.
The UK needs compute sovereignty, not just AI partnerships, to build competitive companies.
Mindmax, a London start-up founded by the team behind the language app Memrise, has raised $3.3m (£2.5m) in pre-seed funding to build an AI tutor. The company announced the round today, and its first product is designed to help people pass professional exams and learn new skills for work.
Microsoft has turned down an option to more than double the computing power it rents from Nscale at a data centre in Barstow, Texas, the Financial Times reported on Thursday.The extra capacity could have been worth tens of billions of dollars to the London-based AI cloud company, the FT said…
The European Commission on Wednesday launched the European Chip Design Platform, which will invest €525M to help start-ups and small companies design their own chips. Henna Virkkunen, the Commission’s executive vice-president for tech sovereignty, presented the plan.
Barcelona startup Kabilio, which wants AI to take the receipt-chasing out of accounting, has raised €10M in a round led by Picus Capital and Visionaries. CDTI, Spain’s public agency for technology and innovation, also took part.
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