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- 🥣 OpenAI's $86B Stock Sale Still On
🥣 OpenAI's $86B Stock Sale Still On
PLUS: Google’s Project Guideline Goes Open Source
The AI Crunch
November 28, 2023
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Read time: 4.5 minutes
Hey there, AI adventurers! It's Mr. Byte, back at it again to guide you through the twisting and turning world of artificial intelligence. Strap in for today’s edition of The AI Crunch, where we zoom into the latest marvels of AI tech. Prepare for an electrifying journey through the newest and coolest AI innovations. Let's dive in!
Top Stories
OpenAI Employee Stock Sale at $86B Continues
In the ever-dramatic world of AI business, OpenAI, valued at a cool $86 billion, is back in the employee share sale game after Sam Altman's dramatic return as CEO. The deal, spearheaded by Thrive Capital, is eyeing a hefty $1 billion from employee and investor stocks, and maybe even more.
Set to close next month, this sale was looking quite the party with a guest list including Ashton Kutcher's Sound Ventures – a detail that was hush-hush until now. Sound Ventures, seemingly unfazed by the Altman rollercoaster, had already tossed in a casual $100 million commitment to the offer. Talk about high stakes and big names in the AI playground!
Google’s Project Guideline Goes Open Source
Google's Project Guideline, initially aiding visually impaired individuals to navigate via painted lines, has evolved and gone open-source. The upgraded system, designed for Google Pixel phones, uses machine learning for more complex navigation, including obstacle detection.
It now creates virtual maps for guidance, even when paths aren't visible, and alerts users to hazards with audio signals. This advancement in AI and AR technology opens new possibilities for accessibility and invites community innovation for broader applications.
News
Quick bites to start your morning:
Musk’s chatbot “Grok” to be available to premium users this week (TC)
Meta’s new D3GA research to create quick lifelike human avatars (GH)
Pentagon to deploy thousands of AI-driven drones by ‘26 (USDD)
Putin vows to increase Russia’s AI game (R)
18 countries sign AI system development guidelines (THN)
Using AI in medical exams increases cancer detection by 13% (X)
AI Funding
AI Tools
Newest AI tools (AI Tool Leaderboards):
Typho: AI-Powered artistic portrait creation platform
Watermarkly: Watermark photos online for free
Elite-AI-Write: Empowering content creation with AI
AI GIFs: AI-Powered GIF generation tool
Proseable: AI-Powered language learning assistant
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✨ draw and build a web app on your phone with AI
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6:50 PM • Nov 26, 2023
Don't know who's director and script writer but enjoying this drama.
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6:09 AM • Nov 22, 2023
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