OpenAI's 1st conference on Nov. 6, “no GPT-5 or 4.5”

Bay Area Times
September 07, 2023

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Top stories today:
- OpenAI's 1st conference on Nov. 6, “no GPT-5 or 4.5”
- xAI building AIs for code-generation, chatbots, big tasks
- Apple working on bringing more AI to Shortcuts, Siri
- China imports, exports fall in August
0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.
1. OpenAI's 1st conference on Nov. 6, “no GPT-5 or 4.5”
Keynote live-streamed, other parts of the conference in person.
Only 100s of developers will get invites. - Techcrunch, OpenAI
CEO Sam Altman was quick to dispel rumors of GPT-5, although more image and video capabilities could be added to GPT-4
2. xAI has goal of building AIs for code-generation, chatbots, big tasks like rocket engine building: new Elon book excerpt
Time has published a new excerpt from Walter Isaacson’s Elon Musk biography, out on Sep. 12.
We learned Elon gave xAI the goals to build:
Code generating AI bot.
LLM comparable to GPT, but politically neutral.
“Maximum-truth-seeking AI,” that you could give big tasks like “build a better rocket engine.”
We also got details on Elon’s timeline with AI:
2012: Deepmind CEO Hassabis convinced Elon of the dangers of AI in a conference, and Elon quickly invested $5M in Deepmind.
2014: Elon tried to block Deepmind’s sale to Google.
2015: After the sale, Elon went to Sam Altman to co-found OpenAI.
2018: Elon tried to fold OpenAI into Tesla.
2023: Elon met Altman to challenge him on OpenAI’s for-profit subsidiary. Altman offered Elon shares, which he declined.
“I can’t just sit around and do nothing,” — good summary of Elon’s view on AI and business. - Time
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4. Apple working on bringing more AI to Shortcuts, Siri, as it lags behind OpenAI
Auto GIF creator: One of Siri's new feature would “allow someone to tell the Siri voice assistant on their phone to create a GIF using the last five photos they’ve taken and text it to a friend.”
AI SVP John Giannandrea bearish on LLMs: “Giannandrea has repeatedly expressed skepticism to colleagues about the potential usefulness of chatbots powered by AI language models.” - The Information
Apple's internal LLM has 200B+ parameters and only beats GPT-3.5, not GPT-4

5. China imports, exports fall in August, in line with broader contraction
Trade balance: $68.4B in August, vs. $73.9B expected, from $80.6B in July.
Exports: -8.8% YoY, vs. -9.2%, from -14.5%.
Imports: -7.3%, vs. -9.0%, from -12.4%. - Reuters
6. 22 crypto billionaires worldwide, 425M users: Henley & Partners
7. Twitter launches Community Notes for videos, in move to combat AI fakes
Read more: Techcrunch.
8. Interesting tweets, memes, and videos
9. Other headlines
AI
D-Matrix, AI chips maker, raises $110M from Microsoft, others.
Slack AI summarizes your work chat, more to be revealed on Sep. 12.
Google will require “prominent” disclaimers for AI-generated political ads.
CA's Gavin Newsom signs executive order on AI risks.
Tech
Arm promoting 56%+ revenue growth in 3 years to support IPO.
Clubhouse pivots to audio-only group chat between friends.
Flexport founder Ryan Petersen back as CEO.
Duolingo to offer music lessons, after adding maths.
Range, backed by Google's AI Fund, has revolutionized wealth management.*
FAA gives more approval to delivery drones.
Chrome rolling out targeted ads based on browser history.
*Sponsored.
Tech & law
Biotech
Inceptive raises $100M for AI-powered mRNA.
Embryo model created without sperm, egg.
Cancer among <50 adults +79% in 30 years: study.
Semaglutide being tested for addiction, dementia.
Ibex raises $55M for AI-powered cancer diagnostics.
Covid XBB.1.5 omicron boosters expected to be approved this week.
Business
Soho House wants to expand in America.
WeWork to renegotiate, exit nearly all its leases.
GameStop revenue +2% to $1.16B, net result -$2.8M.
Roku lays off 10%, or 300 workers.
Crypto
Vitalik co-authors paper on Tornado Cash alternative aligned with regulations.
SBF’s motion for pretrial release goes before 3-judge appellate panel.
Tornado Cash developer Semenov pleads not guilty.
Circle: profile on USDC and CEO Jeremy Allaire.
U.S. politics
Hunter Biden to be indicted before Sep. 29.: DOJ.
Trump suffers loss in Carroll defamation case: judge rules he is liable.
Delay in NY $250M fraud trial “without merit”, to kick off Oct. 2.
Chesebro to be tried together with Sidney Powell on Oct. 23, judge rules.
Raffensperger: I can't keep Trump off ballot under 14th Amendment.
Lawsuit filed in Colorado to keep Trump off ballot.
Ramaswamy could become Trump's VP.
McConnell says he won't retire until 2026 term ends.
9/11: Biden rejects special conditions for defendants’ plea deal.
Psychedelics decriminalization bill passed by CA State Assembly.
World
Biden's Saudi deal: Graham privately urges Trump to support it.
Mexico's Supreme Court decriminalizes abortion.
G-20 summit's security includes fighter jets, drones.
Biden expected to travel Thu, after negative Covid test.
Blinken pledges $1B more in Ukraine aid, as missile kills 17.
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