Top execs from Anthropic, OpenAI, and DeepMind have publicly agreed to slow AI development over safety fears. But industry watchers argue the calls for regulation are a 'way of creating an artificial moat' to box out smaller competitors.
The tape WSJ Tech News Briefing · Sep 15
“In the last week, we have seen a shift in the AI discourse. First, an Anthropic researcher announced he was quitting the industry over fears that companies are building AI systems that could quickly spiral out of control. Then on Saturday, several leaders at top AI companies, including Dario Amodei, Sam Altman, Demis Hassabis, and Elon Musk, publicly agreed that we need to slow the pace of development of this technology.”
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WSJ Tech News Briefing · TNB Tech Minute: OpenAI’s Head of Data Centers Leaves CompanyAug 25
The AI firm is aiming for a valuation larger than SpaceX, telling investors it could raise as much as $100 billion in an offering. The company reportedly more than doubled its revenue to $11.6 billion in the second quarter.
OpenAI claims its custom 'Jalapeno' chip, built with Broadcom, delivers up to 1.9 times more AI work per watt and has up to 3.6 times lower latency than Nvidia's powerful superchips.