AI Edition - It's AI Time - 115 [07-08-2024]

AI Edition - It's AI Time - 115

Groq raises $640m Series D

Groq, the lightning-fast AI chip startup, is raising a substantial round to meet demand for large language model inference.

Elon Musk Sues OpenAI, Sam Altman For Making A “Fool” Out Of Him

Elon Musk has revived a lawsuit against OpenAI and its CEO Sam Altman, accusing them of fraudulently obtaining $44 million in seed funding by promising to keep OpenAI's technology open-source and prioritize the public good, only to later turn it into a for-profit venture with ties to Microsoft, which Musk claims betrays the original mission and has caused irreparable harm to both his interests and the public.

BYU engineering research finds key to quicker nuclear power: artificial intelligence

BYU chemical engineering professor Matt Memmott has developed an AI algorithm that could reduce the nuclear reactor design and licensing process by a decade, cutting costs significantly. His team's research shows AI can optimize complex nuclear design problems much faster than traditional methods, with one example reducing design time from six months to just two days. The findings aim to accelerate nuclear power production to meet rising energy demands and maintain affordable power costs.

OpenAI Tempers Expectations With Less Bombastic, GPT-5-Less DevDay This Fall

OpenAI has announced that this year's DevDay conference will shift from a major event to a series of smaller, on-the-road developer sessions, focusing on updates to APIs and developer services rather than unveiling a new flagship model.

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