
How a Soviet refugee became a hedge fund billionaire
He made his fortune exploiting market inefficiencies, now he wants to make his next billion with a generative AI assist.
He made his fortune exploiting market inefficiencies, now he wants to make his next billion with a generative AI assist.
Founders launch businesses no one wants every single day. They ignore warning signs and barrel forward on gut feel alone. But nobody cares about your brilliant idea. What if you could validate your concept before wasting months building something nobody will buy?
AI companies promised publishers their AI search engines would send them more readers via referral traffic. New data shows that’s not the case.
OpenAI researchers said the new model was the company’s “best chat model yet,” citing an improved knowledge base and better contextual understanding.
Altman and Musk were OpenAI’s founding co-chairs in 2015, but their relationship has devolved into name-calling and lawsuits.
The artificial intelligence firm was valued around $80 billion at the start of the year.
OpenAI has introduced the o1 series, its most sophisticated AI models to date, which are designed to excel at complex reasoning and problem-solving tasks.
Microsoft has invested $13 billion in OpenAI, but said in a letter it felt confident over the ChatGPT maker’s future and no longer believed an observer seat on the startup’s board was necessary.
In an interview with the Financial Times, Meta’s AI chief Yann LeCun said a “world modeling” approach could reach human levels of intelligence, but cautioned this was still around a decade away.
GPT-4 is expanding its capabilities, and adding an o – meaning omni, or ‘all’ – to its name. OpenAI says GPT-4o is a step towards more natural human-computer interaction.