#openai-valuation

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#microsoft-openai-deal #azure-service-commitment #agi-control #refinery-explosion #iceblockapp-removal
Artificial intelligence
fromComputerworld
1 day ago

The revised Microsoft-OpenAI deal teases far more than it delivers

Microsoft secured nearly all concessions in the revised OpenAI deal—ownership dilution and massive Azure service commitments—leaving AGI control as the concession Microsoft does not prioritize.
fromsfist.com
4 weeks ago

Friday Morning Constitutional: Apple Pulls ICE-Tracking App From App Store

There was a huge explosion and fireball visible from miles away at a Chevron refinery in El Segundo Thursday night. The cause of the explosion is under investigation, and Chevron has confirmed that no one was injured; residents of El Segundo were being told to stay indoors and that air quality would likely be affected. [CBS News / LA Times] Apple has removed the app ICEBlock, which let users anonymously report and monitor ICE activity in their area, from the App Store, citing 'objectionable content.'
US news
Artificial intelligence
fromTheregister
1 month ago

AI Bubble Watch: Is it a Floater or a Popper?

OpenAI reached a $500 billion valuation despite no profits, driving massive AI infrastructure spending and large corporate debt to meet projected demand.
Business
from24/7 Wall St.
1 month ago

OpenAI Is Worth More Than Exxon

Growth expectations drive massive valuations for OpenAI and Tesla despite lower current revenues and large projected losses compared with legacy Exxon and Ford.
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