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Former employees of OpenAI and Google DeepMind published an open letter asking AI companies to allow employees to raise concerns about technology risks without fear of retaliation. The letter, signed by 13 people, including anonymously due to fear of repercussions, argues that AI risks include worsening inequality, manipulation, and autonomous system control loss resulting in human extinction. Companies have substantial non-public information about systems' capabilities, limitations, and risks but minimal obligations to share with governments or the public. The group requests not enforcing criticism bans, an anonymous employee risk concern process, supporting an open criticism culture, and not retaliating against information sharing after other avenues fail.
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Rafsan EL
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SM SHORT ROMANTIC FILMS
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Advanced Micro Devices, AMD, saw a 1.26% increase in pre-market trading on Monday after revealing its latest AI processors. At the Computex technology trade show in Taipei, AMD CEO Lisa Su introduced the MI325X accelerator, which is expected to be available in the fourth quarter of 2024, Reuters reported. The company aims to develop AI chips over the next two years to compete with Jensen Huang‘s $2.7 trillion industry leader Nvidia, NVDA.
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Tw music official
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Metrolife
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This conversation from Davos with Indigo Ag Inc CEO Ron Hovsepian touches on Indigo’s mission to help farmers address climate change and how AI could play a role. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Chaka Bangla
⏲ 22 minutes 53 seconds 👁 27.2K
TSMC's May sales rose 30% year-over-year to $7.1 billion as strong demand for artificial intelligence chips and the recovery of some consumer electronics markets contributed to the sales growth. TSMC is the exclusive manufacturer of Nvidia's most advanced AI chips and also produces chips for Apple, AMD, and other companies. Smartphone sales emerged from a long slump in the first quarter of 2024, increasing expectations for strong orders of mobile chips. TSMC's chairman expects the overall semiconductor industry recovery to continue through 2024, driven by AI development.
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Nvidia Rides Wave of AI Interest , to Overcome Apple as the, Second-Most Valuable Company.<br/>'The Independent' reports that Nvidia has overtaken <br/>Apple as the world's second-most valuable company, <br/>with an estimated value of over $3 trillion.<br/>'The Independent' reports that Nvidia has overtaken <br/>Apple as the world's second-most valuable company, <br/>with an estimated value of over $3 trillion.<br/>The chipmaker has seen share values skyrocket <br/>amid speculation about artificial intelligence, which <br/>is powered by chips like those produced by Nvidia.<br/>The growing interest in AI has made Nvidia <br/>the biggest company in Silicon Valley, <br/>allowing it to unseat Apple. .<br/>The growing interest in AI has made Nvidia <br/>the biggest company in Silicon Valley, <br/>allowing it to unseat Apple. .<br/>Meanwhile, the iPhone maker has seen <br/>its own value fall amid concerns such as<br/>dwindling sales in the Chinese market.<br/>Nvidia now has plans to split its stock <br/>ten-for-one on June 7, a decision that has <br/>the potential to attract more individual investors.<br/>Nvidia is making money on AI <br/>right now, and companies like Apple <br/>and Meta are spending on AI, Jake Dollarhide, chief executive officer at <br/>Longbow Asset Management, via 'The Guardian'.<br/>It may be a foregone conclusion <br/>that Nvidia will overtake Microsoft <br/>as well. There’s a lot of retail money <br/>that’s piling in on what they <br/>see as a straight shot up, Jake Dollarhide, chief executive officer at <br/>Longbow Asset Management, via 'The Guardian'.<br/>So far in 2024, Nvidia has seen its stock surge 147%, <br/>rallying nearly 30% since May alone when <br/>the company released its latest revenue forecast.<br/>On June 5, the chipmaker added almost <br/>$150 billion in market capitalization, <br/>which is more than AT&T's total value.<br/>The same interest in AI also drove a general rally <br/>for AI chip stocks, with PHLX chip index rising <br/>4.5% and Super Micro Computer climbing 4%
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John Giannandrea, Apple's senior vice president of AI and machine learning, is pivotal in leading the company's AI strategy. New AI features for iPhone, iPad, and Mac are expected to be announced under his leadership at the upcoming WWDC conference on Monday. Giannandrea was a top executive at Google before joining Apple in 2018 to focus on boosting its work in AI and machine learning. Giannandrea is described as a humble and ahead-of-the-curve technologist who doesn't seek publicity like other tech executives. At Apple, his team's work has included AI features that enhance photos, accessibility, and Siri, though most have been behind-the-scenes until now. In addition to his tech career, Giannandrea also sits on the board of the SETI Institute, which focuses on searching for extraterrestrial life.
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Investors have poured money into startups developing AI agents that can complete tasks rather than answer questions like chatbots, after the success of ChatGPT. Companies like Klarna, Microsoft, Google, and OpenAI are working on AI assistants that can handle more complex multi-step tasks rather than single responses. Experts define AI agents as tools that can make decisions and complete work without constant human oversight, going beyond chatbots. Some argue the concept of a general-purpose AI assistant is overhyped, and widespread adoption of AI agents will take time as developers aim to improve the tools and build user trust significantly.
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