Microsoft Considers $10 Billion Investment in ChatGPT Creator

One million users in less than a week

Microsoft Corp. is in discussions to invest as much as $10 billion in OpenAI, the creator of viral artificial intelligence bot ChatGPT, according to people familiar with its plans. The proposal under consideration calls for the Redmond, Washington-based software giant to put the money in over multiple years, though the final terms may change, the people said, asking not to be named discussing a private matter. The two companies have been discussing the deal for months, they added.

The potential investment would involve other venture firms and could value OpenAI at about $29 billion, citing people familiar with the talks. Documents sent to investors had targeted end-2022 for a deal closing, it added.
ChatGPT has lit up the internet since launching at the end of November, gathering its first million users in less than a week. Its imitation of human conversation sparked speculation about its potential to supplant professional writers and even threaten Google’s core search business. The organization behind it, co-founded by Elon Musk and Silicon Valley investor Sam Altman, makes money by charging developers to license its technology.

https://www.bloomberg.com/

Why tech insiders are so excited about ChatGPT?

The chatbot  answers questions and writes essays 

For his day job, Tobias Zwingmann is the managing partner of RAPYD.AI, a German consulting firm that helps clients make use of artificial intelligence. On the side, Zwingmann teaches online courses on AI. Lately, Zwingmann has been generating lecture notes using ChatGPT, a new chatbot that’s quickly become the latest fad in tech. Zwingmann said he recently asked ChatGPT to explain the mechanisms and workings of a machine learning technology known as a DBSCAN, which is short for density-based spatial clustering of applications with noise, because he is too “lazy to write it all down.” “I went up and said, ‘OK, tell me a detailed step by step of how the DBSCAN algorithm works,’ and it gave me that step by step,” Zwingmann said.

After a little bit of polishing and editing, Zwingmann said the lecture notes were in good shape. “This took me like 30 minutes, and before that I would have spent the whole day,” Zwingmann said. “I can’t neglect that this has proven to be hugely beneficial.”

ChatGPT debuted in late November and has quickly turned into a viral sensation, with people tweeting questions, such as “Are NFTs dead,” and requests like, “Tell a funny joke about the tax risks of international remote work.” They include a screenshot of ChatGPT’s response, which often — but not always — makes sense.

The technology was developed by San Francisco-based OpenAI, a research company led by Sam Altman and backed by Microsoft, LinkedIn co-founder Reid Hoffman and Khosla Ventures. ChatGPT automatically generates text based on written prompts in a fashion that’s much more advanced and creative than the chatbots of Silicon Valley’s past.

https://www.cnbc.com/

Artists say AI image generators are copying their style to make thousands of new images

The move is completely out of their control

OpenAI, a company founded by Elon Musk, just made its DALL-E image generator open to the public. Artists say they work for years on their portfolios and people can now make copycat images in seconds. But some AI companies argue that the new artworks are unique and can be copyrighted.

Greg Rutkowski is an artist with a distinctive style: He’s known for creating fantasy scenes of dragons and epic battles that fantasy games like Dungeons and Dragons have used. He said it used to be “really rare to see a similar style to mine on the internet.” Yet if you search for his name on Twitter, you’ll see plenty of images in his exact style — that he didn’t make. Rutkowski has become one of the most popular names in AI art, despite never having used the technology himself.

People are creating thousands of artworks that look like his using programs called AI-image generators, which use artificial intelligence to create original artwork in minutes or even seconds after a user types in a few words as directions. Rutkowski’s name has been used to generate around 93,000 AI images on one image generator, Stable Diffusion — making him a far more popular search term than Picasso, Leonardo Da Vinci, and Vincent van Gogh in the program.

https://www.businessinsider.com

China Could Cripple US Military, Economy

‘Destiny-shaping’ threat

A new report from a US think tank chaired by former Google CEO Eric Schmidt is raising alarm bells over China’s potential to win the technology race and in the process cripple the US economy and military. The report was compiled by the Special Competitive Studies Project (SCMP) think tank over a period of 10 months (Oct. 2021 to Aug. 2022). During that time, four board meetings and 26 panel meetings were held with more than 225 experts including “government officials, technologists, academic leaders.” The conclusions make for stark reading, suggesting that microeletcronics, artificial intelligence, and 5G are “destiny-shaping technology” for the US between now and 2030.

The report states that those three areas of technology “tell the story of a nation (and its allies) coming perilously and unwittingly close to ceding the strategic technology landscape and along with it the capacity to shape the future.” That’s because the US economy, society, and national security all rely on them, which is why China gaining dominance in these areas is viewed as so dangerous.

In a section entitled “What Does Losing Look Like?” The worst case scenario seems to be a situation where China takes control of Taiwan and cuts off the supply of rare earth minerals to the US, which would mean, “America’s military is crippled, and the nation is plunged into a depression,” and “Americans are forced to live in a world where China can turn off the technology tap.”

https://www.pcmag.com/

Facebook is working on AI tech that will monitor your every move

This AI could be used for what Facebook envisions as the future of smartglasses

Facebook envisions a future where smartglasses “become as useful in everyday life as smartphones,” the company said in a new blog post. In order to achieve that future, such devices will require powerful AI software that can read and respond to the world around the headset’s user. And the only way to train AI to see and hear the world like humans do is for it to experience the world like we do: from a first-person perspective.

“Next-generation AI will need to learn from videos that show the world from the center of action,” the blog post said. Facebook’s solution to this problem is a new project, titled, “Ego4D,” which will collate data from “13 universities and labs across nine countries, who collected more than 2,200 hours of first-person video in the wild, featuring over 700 participants going about their daily lives.”

https://www.businessinsider.fr/us/

Google presents a new chip for smartphone

The new chip is designed to bolster artificial-intelligence technology

Google is making a bigger bet on smartphones by joining rivals Apple Inc. and Samsung Electronics Co. in designing the device’s most critical component in-house: the main processor.

The Alphabet Inc. company said on Monday that its upcoming flagship phones, the Pixel 6 and Pixel 6 Pro, will include new Tensor chips when they go on sale later this year. Google had previously used Qualcomm Inc. processors in all of its Pixel phones since the first models launched in 2016. The new chip is designed to bolster artificial-intelligence technology and improve both speech recognition and the processing of photos and video.

The new component will be Google’s first system-on-a-chip — technology that integrates the device’s key elements. Designing these kinds of processors takes years and is a massive investment, financially and in terms of resources. In order for such an undertaking to yield returns, Google’s future Pixel phones will likely have to sell better than previous models.

https://www.bloomberg.com/

Microsoft in advanced talks to buy AI

Artificial intelligence and speech technology

Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter. The price being discussed could value Nuance at about $56 a share, the source said, adding that an agreement could be announced as soon as Monday.

Bloomberg News, which first reported the deal between Nuance and Microsoft, said bloom.bg/2Qgfm7e talks are ongoing and the discussions could still fall apart. Burlington, Massachusetts-based Nuance whose voice recognition technology helped launch Apple Inc’s assistant Siri, makes software for sectors ranging from healthcare to the automotive industries.The deal with Nuance would be Microsoft’s second-biggest deal, after its $26.2 billion acquisition of LinkedIn in 2016.

https://www.reuters.com/