OpenAI discusses plans to launch an app store for user-built GPT models. Cruise is under scrutiny for knowing their self-driving cars had problems. WeWork files for bankruptcy, but signs suggest the tech recession may be ending.
OpenAI announced the launch of GPT-4 Turbo, offering improved features and more affordable pricing, and plans to create a GPT store for users to build and monetize their own GPTs.
Cruise knew about safety issues with its autonomous vehicles, particularly in recognizing children, leading to the company relying on human workers to identify children in situations where the software failed.
Deep dives
Open AI's Developer Day: Chat GPT and GPT-4 Turbo
Open AI's Developer Day highlighted the success of Chat GPT, with 100 million weekly users and 2 million developers building on the company's API. Additionally, they announced the launch of GPT-4 Turbo, offering a 128,000-token context window, improved knowledge base, and more affordable pricing. Open AI also revealed plans to create a GPT store, allowing users to build and monetize their own GPTs.
Crews' Troubles with AVs and Safety Issues
Internal documents suggest that Crews knew about safety issues with its autonomous vehicles, including struggles to detect large holes and difficulties recognizing children. The company acknowledged the need for improvement in distinguishing children from adults, displaying additional caution around children, and accurately perceiving potential risks. The safety materials also revealed Crews' reliance on human workers to identify children in situations where the software failed.
WeWork's Bankruptcy and Signs of Recovery in the Tech Industry
WeWork, once valued at $47 billion, filed for Chapter 11 bankruptcy with reported liabilities between $10 and $50 billion. In contrast, Sian, an upcoming tech IPO, aims for a higher valuation of $80-90 billion. Similarly, Klarna, despite facing challenges, showed signs of recovery with increased revenue, profitability, and solid growth. These positive developments in tech suggest a potential end to the tech recession of the past two years.
OpenAI wants to open an App Store where everyone can build their own GPTs. There’s also a new GPT-4 that has gotten significantly cheaper. Did Cruise know its cars were underperforming even before the DMV shut them down? WeWork is officially dead, but are we seeing green shoots… evidence that the tech recession might be ending?