OpenAI CEO Sam Altman admits that AI’s benefits may not be widely distributed
In a new essay on his personal blog, OpenAI CEO Sam Altman said the company is open to a “compute budget,” among other “strange-sounding” ideas, to “enable everyone on Earth to use a lot of AI” and ensure the benefits of the technology are widely distributed. “The historical impact of technological progress suggests that most […]
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Technology
Maybe we didn’t deserve any IPOs this year
We cannot provide enough handicapping to eliminate the fact that so very many 2021 tech IPOs were, from a returns perspective, hot garbage once they floated.
Maybe we didn’t deserve any IPOs this year by Alex Wilhelm originally published on TechCrunch
Sila’s Gene Berdichevsky on the ‘5-year roller coaster’ facing battery companies
Sila finds itself in a perfect storm of product-market fit and is steadily advancing on its path to produce battery cells for automakers on U.S. soil.
Sila’s Gene Berdichevsky on the ‘5-year roller coaster’ facing battery companies by Rebecca Bellan originally published on TechCrunch
The Download: WeChat censorship, and effective altruism
Online travel giant Booking.com faces antitrust probe in Spain
More tech antitrust activity: Spain’s competition watchdog has opened an investigation into potential anti-competitive behavior by the Dutch online travel agency giant, Booking.com, following a couple of complaints lodged by the Spanish Association of Hotel Managers and the Regional Hotel Association of Madrid. The national competition regulator said today that it will look into whether […]
Online travel giant Booking.com faces antitrust probe in Spain by Natasha Lomas originally published on TechCrunch
Driverless in Phoenix and GM takes its EV offensive beyond vehicles
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe […]
Driverless in Phoenix and GM takes its EV offensive beyond vehicles by Kirsten Korosec originally published on TechCrunch
Inside effective altruism, where the far future counts a lot more more the present
Why Cruise is making its own chips, and a lot more besides
Cruise never planned to make its own silicon. But in the quest to commercialize robotaxis — and make money doing it — those never planned pursuits can suddenly seem a lot more appealing. Cruise realized that the price of chips from suppliers was too high, the parts were too big and the reliability of the […]
Why Cruise is making its own chips, and a lot more besides by Roberto Baldwin originally published on TechCrunch
Even decacorns have their challenges
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. […]
Even decacorns have their challenges by Mary Ann Azevedo originally published on TechCrunch