Everyday AI Podcast – An AI and ChatGPT Podcast

EP 364: AI News That Matters - September 23, 2024

Sep 23, 2024

OpenAI eyes a staggering $6.5 billion funding round, catching the interest of big investors like Apple. A global AI safety summit is on the horizon, aiming for international collaboration. California pushes regulations against AI-generated deep fakes ahead of the elections, emphasizing electoral integrity. Meanwhile, a partnership between a leading designer and OpenAI's CEO promises advanced AI hardware innovations. Lastly, advanced AI tools are revolutionizing workplace productivity, urging listeners to embrace AI knowledge.

41:43

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Quick takeaways

OpenAI is raising $6.5 billion, signaling immense investor confidence amid the surging interest in Generative AI technologies.

The Biden administration is organizing a global AI safety summit to establish international standards for security and trust in AI systems.

Deep dives

OpenAI's Record-Breaking Funding Round

OpenAI is set to raise approximately $6.5 billion, potentially becoming the largest venture capital round in history, valuing the company at $150 billion. This funding will surpass Elon Musk's X AI, which previously held the record for raising $6 billion earlier this year. Notable investors, including Thrive So Capital and significant contributions from companies like Apple, Nvidia, and Microsoft, indicate strong confidence in OpenAI's future as interest in Generative AI continues to surge. The funding round's minimum investment is $250 million, reflecting the high stakes of this substantial financial endeavor.

Intro

10min

Upcoming Global AI Summit Emphasizes Safety and Collaboration

3min

California's Groundbreaking AI Legislation for Election Integrity

3min

Innovative AI Hardware Collaborations and Advancements in AI Technology

25min

Transforming Work Through Advanced AI Tools

2min

Send Everyday AI and Jordan a text message

What is OpenAI raising $6.5 billion for? Apple Intelligence is out! Kinda... California and the White House are trying to lead on AI safety, but will it even matter? We’ll tackle those topics and a WHOLE lot more for this week's AI news that matters.

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Topics Covered in This Episode:
1. AI Partnerships and Investments
2. Salesforce AI Training Initiative
3. White House AI Global Safety Summit
4. California's AI Legislations
5. Lionsgate and Runway Partnership
6. OpenAI's New Model and Funding
7. Apple Intelligence

Timestamps:
02:20 Thrive Capital leads $1.25B investment in OpenAI.
05:23 Apple launches AI features in new operating system.
10:01 White House to host global AI safety summit.
14:35 California mandates social media remove deceptive content.
15:47 Jony Ive, Sam Altman collaborate on AI hardware.
21:02 AI models generate storyboards, animations, and effects.
24:56 Microsoft revitalizing 3 Mile Island for AI data.
28:54 Salesforce launches free AI training initiative, $50M investment.
29:55 Salesforce waives AI training fees until 2025.
34:07 OpenAI's O One model reached internal stage 2.
36:18 OpenAI update pressures competitors to release updates.
40:07 Limited access to o1 model impacts productivity.

Keywords:
AI Applications in Hollywood, Runway Gen 3 Alpha Turbo, Luma Labs Dream Machine, AI video generation, Microsoft and BlackRock AI investment, AI infrastructure, AI energy consumption, Alibaba's Quinn 2.5, Salesforce AI Training Initiative, White House AI Global Safety Summit, California deepfake legislation, Jony Ive and Sam Altman AI project, WorkLab Podcast, Lionsgate and Runway partnership, OpenAI funding, Apple Intelligence, AI and job impact, OpenAI's "o one" model, AI in customer support, AI in marketing, AI Upskilling, AI model limitations, AI-legislation, AI-enhanced operating systems, AI in film industry, generative AI, AI's impact on elections, AI-altered advertising, advanced AI features, AI training resources.

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