AI Pulse #16: Menlo Ventures Raises $1.35B for AI Funds, OpenAI Pranked with Paper Clips as AI Warning, + MORE
Hello everyone! 👋 We’re back with our 16th edition, loaded with AI and tech news that will leave you wanting more. Get ready to explore the latest developments shaping our world!
Let’s get to it!
New Feature Alert! AI Image of the Week
We’re excited to introduce a brand new section in our newsletter – the AI Image of the Week! Each week, we’ll feature a unique image generated by AI, inspired by a prompt from one of you, our readers. Want to see your idea come to life? Leave a prompt in the comments, and you might just get a shoutout along with an AI-generated masterpiece based on your suggestion. Don’t miss out on this blend of art and technology!
AI Image of the Week
“An AI Private Investigator dressed in a detective outfit interrogates a scared human in an interrogation room while other AI officers observe from outside, discussing among themselves.”
Prompt by Bella D.
Latest Funding News
In this issue, we’re bringing you some fascinating stories from the world of AI. First, check out how OpenAI got a quirky reminder of AI’s potential risks – they were pranked with thousands of paper clips!. Next, discover how Menlo Ventures is making a significant leap in AI investments, raising a whopping $1.35 billion for AI-focused funds. Continue reading for more intriguing news!
Latest Funding News
Top Trending AI News
1. OpenAI Pranked with Paper Clips as AI Warning
Publisher: Business Insider
Published: 11/23/2023
OpenAI received thousands of paper clips in a prank suggesting their approach to AI could lead to humanity’s extinction.
TAKEAWAYS
1️⃣ OpenAI’s rival prank warns about AI apocalypse.
2️⃣ Anthropic sends paper clips to OpenAI.
3️⃣ Paper clips allude to AI safety concerns.
4️⃣ Anthropic formed by ex-OpenAI employees.
5️⃣ OpenAI faces criticism over AI development.
2. OpenAI Reinstates Sam Altman as CEO in Days
Publisher: CNBC
Published: 11/22/2023
Sam Altman has been reinstated as CEO of OpenAI after being fired, following pressure from employees and investors.
TAKEAWAYS
1️⃣ Sam Altman is reinstated as CEO of OpenAI after being fired.
2️⃣ OpenAI employees demanded that remaining board members resign or they would leave.
3️⃣ Altman and others from OpenAI will join Microsoft to start a new AI research team.
4️⃣ Altman’s return led to the removal of board members, including co-founder Ilya Sutskever.
5️⃣ Microsoft CEO Satya Nadella supports Altman’s return and praised changes to OpenAI’s board.
3. OpenAI, Microsoft Weaponizing AI to Control Life
Publisher: Breitbart Tech
Published: 11/21/2023
Companies like Microsoft and OpenAI are using AI to collect data and potentially replace jobs, leading to concerns about a socialist dystopia and loss of individual freedom.
TAKEAWAYS
1️⃣ Microsoft, Amazon, and Google are building massive data centers to dominate AI and control the free market.
2️⃣ OpenAI fired CEO Sam Altman for lack of candor, but he was quickly hired by Microsoft.
3️⃣ AI will cause significant job losses, with estimates ranging from 40% to 80% worldwide.
4️⃣ OpenAI is funding a universal basic income (UBI) study and launching a UBI-related crypto project.
5️⃣ A de facto social-credit-score system is being created through mandatory digital IDs and CBDCs.
4. Nov 21: Israel, AI, Viruses, Trump, Gun Issues
Publisher: CNN
Published: 11/21/2023
Israel and Hamas are reportedly close to a truce agreement, while the US deals with dropping prices, AI company turmoil, seasonal viruses, and gun violence.
TAKEAWAYS
1️⃣ Israel and Hamas are close to reaching a truce agreement for the release of hostages.
2️⃣ OpenAI faces potential employee resignations after CEO’s firing.
3️⃣ Health experts encourage safe gathering habits amid a mix of seasonal viruses.
4️⃣ Court will decide how much Trump can criticize special counsel overseeing his case.
5️⃣ Gunman opens fire at Walmart near Dayton, Ohio, injuring four before taking own life.
5. Elon Musk Reveals Risks of AI, Altman’s Firing
Publisher: Business Insider
Published: 11/20/2023
OpenAI fired its CEO, Sam Altman, and Elon Musk wants them to explain why, citing the dangers of artificial intelligence.
TAKEAWAYS
1️⃣ Elon Musk calls for explanation of CEO firing at OpenAI due to AI dangers.
2️⃣ OpenAI fires CEO Sam Altman, citing lack of confidence in his leadership.
3️⃣ Musk left OpenAI board in 2018 over safety concerns about AI.
4️⃣ Tension among OpenAI leadership over mitigating AI’s potential threats.
5️⃣ OpenAI cofounder sought to ensure AI technology would not harm society.
6. Over Half of Tech Workers View AI as Overrated
Publisher: TechSpot
Published: 11/20/2023
Over half of those in the tech industry think AI is overrated, but many still recognize its importance.
TAKEAWAYS
1️⃣ Over half of tech industry workers believe AI is overrated.
2️⃣ Upper management is more optimistic about AI than non-executive employees.
3️⃣ Accuracy of answers is the biggest concern around developing AI apps.
4️⃣ Only 14.4% of those who think AI is overhyped say their employers overinvest in it.
5️⃣ Majority of respondents expect AI to significantly change their jobs within five years.
7. Army Ants Teach Robots Bridge Building
Publisher: NPR
Published: 11/21/2023
Army ants build bridges by linking their bodies, providing insights into controlling swarms of robots.
TAKEAWAYS
1️⃣ Army ants build bridges by linking their bodies to overcome obstacles.
2️⃣ Building bridges allows ants to collect more food efficiently.
3️⃣ The ants collectively weigh the costs and benefits of building a bridge.
4️⃣ Engineers have applied swarm behaviors from ants to self-assembling robots.
5️⃣ Ants are capable of solving complex problems with minimal brainpower.
8. Bill Gates Advocates for 3-Day Work Week
Publisher: Business Insider
Published: 11/23/2023
Bill Gates believes AI won’t take jobs, but could lead to a 3-day work week.
TAKEAWAYS
1️⃣ AI won’t take jobs, but it will change them, says Bill Gates.
2️⃣ Gates believes a 3-day work week is acceptable.
3️⃣ Gates acknowledges risks of misused AI.
4️⃣ JPMorgan CEO also predicts a shorter work week due to AI.
5️⃣ Gates sees life’s purpose beyond just doing jobs.
9. Nvidia’s Revenue Triples Amid AI Chip Boom
Publisher: CNBC
Published: 11/21/2023
Nvidia’s revenue tripled due to high demand for AI chips, but export restrictions in China may impact future sales.
TAKEAWAYS
1️⃣ Nvidia’s revenue tripled in the fiscal fourth quarter.
2️⃣ Demand for Nvidia’s GPUs is high due to generative AI.
3️⃣ Nvidia announced the GH200 GPU during the quarter.
4️⃣ Export restrictions in China and other countries may negatively impact Nvidia’s sales.
5️⃣ Nvidia predicts a significant revenue growth of nearly 231% in the next quarter.
10. OpenAI Researchers Warned of AI Breakthrough Before CEO Ouster
Publisher: Reuters
Published: 11/23/2023
OpenAI CEO Sam Altman was fired after staff researchers warned of a powerful AI discovery that could threaten humanity.
TAKEAWAYS
1️⃣ OpenAI researchers warned of dangerous AI discovery before CEO’s ouster.
2️⃣ Over 700 employees threatened to quit and join Microsoft in solidarity with fired leader.
3️⃣ Researchers developed Q*, a potential breakthrough in search for artificial general intelligence.
4️⃣ Q* showed promise in solving math problems, raising optimism for its future success.
5️⃣ Researchers highlighted concerns of AI’s prowess and potential danger in letter to the board.
Did you find this helpful?
If so, subscribe on LinkedIn to this weekly newsletter to stay updated on everything AI!
About Onramp Lab
Onramp Lab was founded by Lawrence Ng in 2015. We are an agile team of 70 full-time professionals in our Los Angeles & Taipei offices.
Over the years, we built out our omnichannel digital marketing expertise, especially in paid search, display, native, paid social, SEO, email, and affiliate marketing across multiple verticals.
Our Businesses
Contactloop.com
AI-driven conversational messaging via SMS and webchat driving transaction-ready users to you and your sales team at scale.
SideHustles.com
Your gateway to side jobs and part-time gigs. SideHustles.com provides expert advice, diverse job ideas, and tips to maximize your earnings.
This Post Has 0 Comments