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Sam Altman's Plan to Build AI Chip Factories
Plus ElevenLabs becomes a unicorn
Nathaniel Whittemore
January 22, 2024
The AI Breakdown First Five - Monday January 22, 2024
Today on the First Five:
5. Chatbot Goes Rogue
4. US Agencies Circling Microsoft-OpenAI Deal
3. The Market is Officially in an AI-Driven Bull
2. ElevenLabs Is A Unicorn
1. Sam Altman Still Hustling to Build Chip Factories
5. Chatbot Goes Rogue
An AI customer service chatbot from international delivery service DPD went rogue last week, writing poetry about how useless it was, criticizing the company and even using profanity. The exchange with a customer went viral on X.
Parcel delivery firm DPD have replaced their customer service chat with an AI robot thing. It’s utterly useless at answering any queries, and when asked, it happily produced a poem about how terrible they are as a company. It also swore at me. 😂
— Ashley Beauchamp (@ashbeauchamp)
5:28 PM • Jan 18, 2024
4. US Agencies Circling Microsoft-OpenAI Deal
According to Politico, the Justice Department and the Federal Trade Commission are debating which of them gets to probe the Microsoft-OpenAI deal for potential antitrust violations. Yikes!
A shadowy alliance of government agencies wages a clandestine war against an unholy matrimony of tech giants, accusing them of technological treason. their objective: to prevent the unholy alliance from unleashing an army of self-aware ai upon humanity.
— Mild Mannered Maniac (@80sGeek)
12:58 PM • Jan 20, 2024
3. The Market is Officially in an AI-Driven Bull
Throughout banking crises, Fed rate hikes and recession concerns last year, optimism around artificial intelligence kept markets up. Now, after the S&P500 closed at a new record high on Friday, we’re officially in an AI-driven bull market.
Small caps lagging shouldn’t be that surprising.
In case you haven’t noticed, the dominant narrative of this bull market is #AI.
It’s a winner take most market… just like search and social media networks.
Would you want to use a third-rate artificial intelligence or the best… twitter.com/i/web/status/1…
— Justin Spittler (@JSpitTrades)
10:11 PM • Jan 21, 2024
2. ElevenLabs Is A Unicorn
Voice-generator startup ElevenLabs becomes the latest AI company to join Unicorn status. The company announced a fresh $80M fundraise led by A16Z that valued the company at $1.1B. Congrats!
BREAKING: AI Startup ElevenLabs reaches unicorn status (up from $100M) with an $80M Series B co-led by Andreessen Horowitz, Nat Friedman & Daniel Gross.
Congrats to the team!
> Here's their seed pitch deck
— Chief AI Officer (@chiefaioffice)
10:55 AM • Jan 22, 2024
1. Sam Altman Still Hustling to Build Chip Factories
After his ouster from and return to OpenAI, Sam Altman has argued vociferously that reports that he was working on non-OpenAI projects are incorrect. However, Bloomberg has a new report with more details of Altman’s fundraising efforts to build a network of factories globally to manufacture more AI chips.
Ok this is unfathomably based if true.
@sama actually making an American TSMC?!
This is the best news I've heard in years.
America is so f*cking back.
— Beff Jezos — e/acc ⏩ (@BasedBeffJezos)
2:59 AM • Jan 21, 2024