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Top stories today:
- Microsoft training own LLM, 500B-parameter MAI-1
- Boeing Starliner 1st crewed launch delayed due to valve issue
- Robinhood Crypto receives Wells Notice from SEC
- Apple expected to launch new iPads, Pencil today at 10 AM ET
- Apple may be developing server chip focused on AI inference
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Microsoft training own LLM, 500B-parameter MAI-1
Microsoft so far has been focused on small language models, having launched their best-in-class Phi 3 SLMs in April:
MAI-1 team is being led by Mustafa Suleyman, the CEO of Microsoft AI who previously co-founded Deepmind (now Google Deepmind) and Inflection AI.
Microsoft is increasingly diversifying away from OpenAI, in which they have invested $10B+ but over which they have no legal control.
Our view: MAI-1 will probably perform similarly to the best models available today
Unclear whether significant improvements to the current benchmarks are possible without novel algorithms/architectures.
2. Boeing Starliner 1st crewed launch delayed due to valve issue, could happen today, Fri., or Sat.
Canceled 2 hours before take-off.
Relatedly, Boeing admitted to falsifying records related to the inspection of its 787 Dreamliner plane.
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