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- OpenAI doubles profits to $3.4 billion, but it seems that Apple is not paying them for their services
OpenAI doubles profits to $3.4 billion, but it seems that Apple is not paying them for their services
Stefan
June 13, 2024
Hi all!
I’ve got to be honest with you, there’s a lot of OpenAI again in this newsletter. Don’t shoot the messenger, it seems that developing AGI brings a company some headlines.
Enjoy!
Apple has partnered with OpenAI to integrate ChatGPT into its operating systems without exchanging any monetary compensation, leveraging strategic benefits for both parties. Read more
OpenAI has announced a significant revenue increase, doubling its annualized revenue to $3.4 billion, driven by its advanced AI products and services. Read more
Samsung Electronics has revealed a comprehensive plan to expedite AI chip production by integrating its chip manufacturing services, aiming to reduce production time by 20%. Read more
Nvidia has achieved top results in the latest MLPerf Training 4.0 benchmarks, showcasing significant performance improvements in AI training. Read more
OpenAI has partnered with Oracle and Microsoft to enhance its AI training capabilities using Oracle Cloud Infrastructure, supported by a new large data center. Read more
FullThrottle.ai has introduced a new Audience Planner tool, leveraging Generative AI to optimize audience targeting for advertisers. Read more
A recent OECD report has recognized Germany as a global leader in AI, highlighting its strategic initiatives and substantial investments in AI technology. Read more
Brightwave has secured $6 million in seed funding to develop its AI-powered financial research assistant, enhancing financial analysis capabilities. Read more
Databricks has introduced a new AI-powered business intelligence product, featuring interactive dashboards and a conversational interface to improve organizational analytics. Read more
Canary Speech has raised $13 million in Series A funding to expand its AI-powered vocal biomarker technology in healthcare. Read more
Moroccan startup Defendis has launched an AI-powered platform to enhance cyber threat intelligence and proactive security measures for organizations. Read more
The Canadian Safety Summit highlighted the role of AI in enhancing workplace safety, focusing on data-driven insights for incident prevention. Read more