Will we ever trust robots?
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Potential ‘meme stock’ Reddit to raise ~$748M in IPO, to let Redditors sell shares immediately
Reddit’s IPO should be interesting to watch — and not just because the business remains unprofitable, but also because of how the company has chosen to bring in its community of active users and moderators into its public markets debut. In a new SEC filing, Reddit says it’s planning to sell around 22 million shares, priced […]
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The Download: rise of the multimodal robots, and the SEC’s new climate rules
An OpenAI spinoff has built an AI model that helps robots learn tasks like humans
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Telegram founder says the company will become profitable next year
Telegram founder Pavel Durov said that the company expects to hit profitability next year with eyes on going public in the future. The chat app, which crossed 900 million users, is making “hundreds of millions of dollars” through ads and subscriptions, Durov told the Financial Times in an interview. He mentioned that while global investors […]
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Covariant is building ChatGPT for robots
Covariant this week announced the launch of RFM-1 (Robotics Foundation Model 1). Peter Chen, the cofounder and CEO of the U.C. Berkeley artificial intelligence spinout tells TechCrunch the platform, “is basically a large language model (LLM), but for robot language.” RFM-1 is the result of, among other things, a massive trove of data collected from […]
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