Negotiations and Challenges in AI Development

Are we about to see a summer of layoffs in Silicon Valley? Midjourney’s new video model. Meta continues its acqu-hire spree with some folks we know. Microsoft has its own nuclear option with OpenAI, while OpenAI is starting to get worried about its models being nuclear dangerous? And what even IS AGI?

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Links:

• Microsoft Planning Thousands More Job Cuts Aimed at Salespeople (Bloomberg)
• ‘Surpassing all my expectations’: Midjourney releases first AI video model amid Disney, Universal lawsuit (VentureBeat)
• Meta in Talks to Hire AI Investors Friedman and Gross, Partially Buy Out Their Venture Fund (The Information)
• Microsoft prepared to walk away from high-stakes OpenAI talks (FT)
• OpenAI warns models with higher bioweapons risk are imminent (Axios)
• Why Big Tech cannot agree on artificial general intelligence (FT)

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