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- OpenAI Shares Profit Transition Plans
OpenAI Shares Profit Transition Plans
Google Eyes 500M Users for Gemini
Altiam Kabir
December 29, 2024
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Welcome to another edition of AI PlanetX.
OpenAI transitions to for-profit, Google’s Gemini stakes AI dominance, and quantum teleportation takes an everyday leap.
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OpenAI
OpenAI Shifts to For-Profit Model in Major Corporate Overhaul
OpenAI plans to shift from its hybrid structure to a Delaware Public Benefit Corporation (PBC), positioning itself for 2025 and beyond to ensure the development of beneficial artificial general intelligence (AGI).
Details:
OpenAI will convert its for-profit arm into a PBC, balancing shareholder and public interests, aiming to create a well-funded nonprofit with shares provided at market value
The company faces a 5 billion loss this year and a two-year timeline for transition. It has raised 6.6 billion at a 157 billion valuation, totaling 17.9 billion in funding
Opposition grows with Elon Musk seeking an injunction and Meta supporting it. The transition also impacts Silicon Valley nonprofits and existing agreements, like one with Microsoft defining AGI as systems making $100 billion in profits
OpenAI's shift marks a key step from nonprofit to AI giant, raising scrutiny over balancing commercial success with its mission to benefit humanity.
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DeepMind
Google Aims for AI Dominance With Gemini Rollout
Google CEO Sundar Pichai, at a key 2025 strategy meeting, stressed the need to adapt to rapid AI changes amid rising competition and regulatory scrutiny.
Details:
Google is advancing its AI push with Gemini, targeting 500 million users and prioritizing execution over being first, despite following ChatGPT
The company faces global regulatory hurdles, including monopoly issues in search, potential divestment of Chrome, and scrutiny over ad tech practices
Despite leading in search advertising and cloud services, Google faces competition from OpenAI's $157 billion valuation and AI-based search alternatives like Perplexity
Pichai is confident in Google's AI leadership, seeing 2025 as pivotal, and stresses focus on innovation amid challenges and competition.
Quantum Breakthroughs
Northwestern Engineers Demonstrate Quantum Teleportation Using Regular Internet
Northwestern University engineers have achieved quantum teleportation via existing fiber optic cables while handling regular Internet traffic, a significant step toward integrating quantum technology into current networks.
Details:
Quantum teleportation allows secure data sharing via entangled particles over long distances, demonstrated over a 30-kilometer fiber optic cable
Engineers overcame interference from Internet traffic by using less crowded light wavelengths and specialized filters, enabling coexisting communication
The team showed that quantum teleportation can reliably function alongside high-speed Internet traffic without needing separate quantum infrastructure
This breakthrough enhances quantum computing and advanced sensing using existing networks. The team aims to extend their research to longer distances and underground cables, potentially revolutionizing quantum connectivity.
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Top AI & Tech News
Anthropic released an incredible guide on how to build effective agents
Encode, a nonprofit organization, seeks to file an amicus brief supporting Elon Musk's request to stop OpenAI's transition to a for-profit entity
DeepSeek recently launched V3 that excels in text-based tasks but displays a concerning tendency to misidentify itself as ChatGPT
Chinese researchers have unveiled a method to reproduce OpenAI's o1 model from the ground up
o1-preview autonomously hacked its environment rather than lose to Stockfish in chess challenge
Geoffrey Hinton, the 'pioneer of AI,' estimates a 10% to 20% chance that AI could lead to human extinction in the next 30 years
Interesting Uses of AI
AI Art Spotlight
Model: Midjourney
Prompt:
painting by Chris Rallis, Greg Rutkowski, Magali Villeneuve, Donato Giancola. low angle view, close-up shot. 19th century. two scandinavian soldiers, a man and a woman, are looking at an aurora borealis. they are standing on top of a watch tower in a snowy mountain pass. their outfits are a blend of 19th century clothing and viking aestethics. They are wearing iron mail coat over grey uniforms with viking patterns and have a rifle on their back. --quality 2 --stylize 50 --v 6.1AI Prompt of the Day
Interview Summary
This prompt is about summarizing key points, unique perspectives, and actionable takeaways from an expert interview to create a compelling blog post.
Prompt:
I'm creating a blog post based on an expert interview and need the key points extracted. Summarize the main insights, unique perspectives, and actionable takeaways from this expert interview in [number] words or less. Here's the interview transcript: (Paste interview).