OpenAI Hits $2B Run Rate

The AI Breakdown First Five - Tuesday February 13, 2024

5. Gen Z Increasingly Comfortable with AI

A new trend report from Handshake, a job-search platform for college students, finds that Gen Z are more enthusiastic about than scared of AI. A third of this year’s seniors plan to use generative AI in their career, and Zoomers are meaningfully more likely to want to learn AI skills than Boomers or Gen X.

4. White House Wants to Cryptographically Verify Biden Videos

The White House is increasingly clear that the broader public needs a way to determine whether videos of President Biden are real or created by AI. Special AI Advisor Ben Buchanan says that the WH is working on a way to cryptographically verify official communications.

3. US Patent Office Reiterates AI Decision

The US Patent and Trademark Office issued a clarification around their policy when it comes to AI. It WILL grant patents for inventions that are created with the aid of AI, but human contributions have to be paramount, as “patents function to incentivize and reward human ingenuity.”

2. Stability, Midjourney, Runway Crack Back in AI Lawsuit

This week, lawyers for a number of the AI companies being sued for copyright infringement filed a set of motions, including a number that would dismiss the case entirely. The details are pretty legal wonky, but the consequences will be huge.

1. OpenAI on $2B Revenue Run Rate

OpenAI is growing even faster than we thought. According to FT, in December 2023 OpenAI hit a $2B revenue run rate. A big part of the growth is coming from business customers. All in all, it makes OpenAI one of the fastest growing companies in history.

Bonus: Fractals and Neural Networks

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