1. EachPod

AI Power Plays: SoftBank’s OpenAI Bet, Apple’s Exit, and New Players on the Horizon

Author
Daily Deep Dives
Published
Tue 01 Oct 2024
Episode Link
https://podcasters.spotify.com/pod/show/aideepdive/episodes/AI-Power-Plays-SoftBanks-OpenAI-Bet--Apples-Exit--and-New-Players-on-the-Horizon-e2p3au7

In today’s episode, we dive into the high-stakes world of AI investment and development. SoftBank is making waves with a massive $500 million investment in OpenAI, propelling the company's valuation to a staggering $150 billion, while Apple bows out of the funding round, leaving Microsoft and Nvidia still in talks. We also explore Liquid AI's groundbreaking new Liquid Foundation Models (LFMs), promising superior efficiency and performance at all scales. Lastly, we turn our attention to ByteDance, TikTok’s parent company, as it plans to develop a new AI model using Huawei chips, sidestepping US export restrictions on advanced AI technology. Stay tuned for insights into the latest AI power moves and what they mean for the future of the industry!

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