Good morning! This is your daily ☕️ Techpresso.
On this day, 48 years ago, Bill Gates delivered the opening address at the First Annual World Altair Computer Convention in Albuquerque, New Mexico, where he discussed software piracy.
In today's Techpresso:
⚖️ Sam Bankman-Fried sentenced to 25 years in prison for FTX fraud
💰 Amazon invests $2.75B more in OpenAI competitor Anthropic
🧠 Sergey Brin, Mark Zuckerberg have personally recruited AI staffers as talent war heats up
🤖 OpenAI's launches program to pay developers based on usage of their GPT models
🕶️ Meta is adding AI to its Ray-Ban smart glasses next month
🚗 Xiaomi launches affordable EVs, competing with Tesla
🎁 + 8 other news you might like
🔮 + 2 handpicked research papers and tools
⚖️ Sam Bankman-Fried sentenced to 25 years in prison for FTX fraudLINK
Sam Bankman-Fried was sentenced to 25 years in prison for seven counts of conspiracy and fraud related to the collapse of the crypto exchange FTX.
The sentence was a middle ground between the 40 to 50 years prosecutors requested and the 6.5 years his defense asked for, significantly less than the maximum of 110 years.
Judge Kaplan rejected the defense’s optimistic claims of repayment, highlighting that FTX customers lost $8 billion and criticizing Bankman-Fried’s conduct before and during the trial.
💰 Amazon invests $2.75B more in OpenAI competitor AnthropicLINK
Amazon is increasing its investment in AI startup Anthropic by $2.75 billion, bringing its total investment to $4 billion, to secure a minority stake without board representation, emphasizing the use of AWS for future models.
Anthropic, known for its chatbot Claude, will prioritize AWS for deploying its AI models, leveraging Amazon's Trainium and Inferentia chips, enhancing Amazon's position in the competitive generative AI landscape.
The partnership aims to advance generative AI applications, particularly in regulated industries, granting Amazon and its customers early access to Anthropic's AI advancements and customizations.
🧠 Sergey Brin, Mark Zuckerberg have personally recruited AI staffers as talent war heats upLINK
Sergey Brin and Mark Zuckerberg have been personally involved in recruiting AI talent amid a heated competition for top-tier personnel in the artificial intelligence sector.
Zuckerberg has written personal notes to AI researchers and Brin has made personal calls offering pay bumps and perks to retain or attract talent to their respective companies, Meta and Google.
Despite the intense competition for AI talent, which includes offering multi-million-dollar compensation packages, Meta is reportedly lagging in terms of the salary packages offered to coveted AI researchers.
🤖 OpenAI's launches program to pay developers based on usage of their GPT modelsLINK
OpenAI is piloting a program in the US that compensates developers for their GPT model usage.
The program was introduced with Custom GPTs in November 2023, aiming for a usage-based payment model.
Initial participants are a select group of developers, with ongoing evaluation to refine the compensation approach.
🕶️ Meta is adding AI to its Ray-Ban smart glasses next monthLINK
Meta plans to integrate AI features into its Ray-Ban smart glasses next month, offering capabilities such as translation and identification of objects, animals, and monuments.
The AI can be activated by users saying "Hey Meta", responding to prompts and questions through the glasses' built-in speakers.
While the AI has shown proficiency in identifying pets and artwork, it faced challenges with distant animals and an exotic fruit, and currently supports translations in five languages.
🚗 Xiaomi launches affordable EVs, competing with TeslaLINK
Xiaomi, a company known for its smart consumer electronics, is entering China's electric vehicle market with the launch of the SU7, a sporty four-door sedan.
The company aims to integrate the car into a "Human x Car x Home" ecosystem, connecting it with Xiaomi's phones and home appliances.
Despite the competitive EV market in China and international challenges, including investigations by the EU and the U.S. into Chinese subsidies and privacy concerns, Xiaomi is optimistic about its global automotive ambitions.
Other news you might like
Amazon reportedly to spend $150B to build data centers needed for AI boom, ‘get closer to customers’.LINK
LinkedIn targets users caught between TikTok and what used to be Twitter.LINK
Microsoft Copilot AI will soon run locally on PCs.LINK
US federal agencies must appoint chief AI officers, according to new guidelines.LINK
Google.org launches $20M generative AI accelerator program.LINK
Dutch will spend $2.7 bln on "Operation Beethoven" to keep ASML.LINK
San Jose uses tech companies' AI to scan streets for homeless people's cars.LINK
AI already uses as much energy as a small country. It’s only the beginning..LINK
Latest research and tools
Endlessh-go: a golang implementation of endlessh exporting Prometheus metrics, visualized by a Grafana dashboard..LINK
Battery status tool: a minimalist x86-64 ELF executable designed to display battery status on x86-64 Linux laptops, with specific adjustments for ampere or watt hours reading and limited support for laptops with multiple batteries.LINK
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