OpenAI's $500 billion AI investment

Bonjour! Here’s what you need to know about AI today:

👉 OpenAI, Oracle and Softbank are investing $500b on AI

👉 Bill Gates says “The Coming Wave” is a must-read book on AI

👉 Microsoft is not the only cloud provider for OpenAI anymore

and many more!

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Read time: 4.9 minutes

What’s going on: President Donald Trump has announced a groundbreaking $500 billion AI venture called 'Stargate', led by 3 tech giants including Oracle, OpenAI, and SoftBank. This initiative starts with a $100 billion investment aimed at establishing a comprehensive AI infrastructure within the United States, with plans to expand significantly. The project will focus on both the development of hardware, through the construction of data centers, and the advancement of software, particularly in AI technology.

What does it mean: If you still want us to assure you, here it goes: this is a huge deal! The US government and tech companies are trying their best to win the AI war (against China) and will put as much money and resources as it gets to dominate the world of AI. Stargate is portrayed not just as an economic strategy but also as a matter of national security to keep United States at the forefront of technological innovation.

More details:

• Microsoft will also join this venture as a technology partner, providing AI development tools, and Nvidia, contributing crucial GPU technology for AI computations.

• This collaboration aims to not only advance AI capabilities but also to create over 100,000 jobs, strengthening the US economy in high-tech sectors such as AI programming, data center management, and research.

• This venture is targeting advancements in healthcare, autonomous systems, and cybersecurity, with an emphasis on developing proprietary AI models.

What’s going on: Bill Gates recently shared his appreciation for the book "The Coming Wave" by Mustafa Suleyman. Gates labels this book as “one of the most important books on AI ever written’. He praised the book for its balanced perspective on the dual nature of AI, highlighting both its vast potential and inherent risks. (Buy the book from Amazon)

What does it mean: “The Coming Wave” delves into how AI will disrupt traditional job markets. It suggests that while AI technologies will likely lead to the automation of many existing roles, potentially causing job displacement, it will also spawn entirely new job categories. However, Gates points out the book's caution that the rate at which new jobs are created might not immediately match the speed at which old jobs are lost.

More details:

• The book is also recommended by top AI figures such as Fei-Fei Li (the creator of famous ImageNet dataset that enabled rapid advances in computer vision in the 2010s), and Eric Schmidt (former CEO of Google).

• Mustafa Suleyman is currently the CEO of Microsoft AI. He co-founded and was the CEO of Inflection AI, and also co-founded DeepMind, one of the leading AI labs in the world

☁ Microsoft is no longer the only cloud company OpenAI can use, but they get first dibs on providing more cloud services if OpenAI needs them.

💰 Scale AI's CEO, Alexandr Wang, wrote a public letter asking President Trump to put more money into AI to keep the US ahead of China. He also mentioned that China will invest on AI implementation and adoption 10 times more than US. Scale AI provides labeled data used to train AI applications

🔍 Perplexity launched Sonar, a new tool (API) that lets companies add Perplexity's AI search features to their own apps.

🗣 Anthropic, the creator of Claude chatbot, is planning to add a feature where you can talk to it like having a conversation.

💸 ByteDance, who owns TikTok, plans to spend $12 billion on AI chips in 2025, according to the Financial Times.

💲 Google is investing an additional $1 billion into AI research company, Anthropic, by opening a new lab in the UK. Previously, Amazon also had invested $8 billion in Anthropic.

🖥 Tencent, Chinese tech giant, has released Hunyuan3D 2.0, an AI system that can create detailed 3D models from images or text in seconds, making design work much faster.

🚦 NoTraffic, with NVIDIA's help, uses AI to look at traffic patterns and make traffic lights smarter, which cuts down wait times and lowers carbon emissions (equivalent of planting 650,000 tress) from cars idling. They are currently operating in Tuscon, Vancouver, and other cities.

💊 Google DeepMind CEO, Demis Hassabis, announced that AI-designed drugs are expected to enter clinical trials in 2025.

Exploratory data analysis

Applecart - Senior Machine Learning Engineer

OpenAI - Software Engineer, Infrastructure

Chewy - Data Scientist II

OpenAI - Machine Learning Engineer, Model Behavior

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