Let’s go through some significant news in AI:
● Sam Altman, CEO of OpenAI, launched a SPAC for Oklo (nuclear power) and Worldcoin in the same month
● Elon Musk launched xAI to take on OpenAI
● Hugging Face, the model hosting site, is raising a $4B valuation
● Meta released Llama 2, its open-source LLM, making it commercially viable
This is a significant deal since anyone can now host these chat models for free but run businesses off them. Fine-tuning this model for specific purposes could yield highly valuable startups
● Futureverse (Fluf NFT), which has touted itself as an AI Metaverse, raised $50M
● The White House got commitments from many AI CEOs to think about safety
● Amazon is trying to become the hosting service of foundational models with Bedrock
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