Misinformation, Mega-Deals & Musk’s Downfall
A false shooter ID goes viral, Oracle bags $300B from OpenAI, and Larry Ellison dethrones Elon.
Canadian Man Falsely Named as Charlie Kirk’s Shooter on Social Media
Stuart A. Thompson/ New York Times
A Canadian man was falsely accused online of a high-profile shooting, causing concern over AI-driven misinformation. The viral bogus allegation emphasizes the risks of careless social media conjecture.
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Ted Cruz’s new bill would let AI companies set their own rules for up to 10 years
Elissa Welle/ The Verge
Senator Ted Cruz has suggested legislation that would allow AI corporations to self-regulate for a decade. Critics argue that it will give Big Tech a free ride as innovation continues unchecked.
ChatGPT may start alerting authorities about youngsters considering suicide, says CEO
Robert Booth/ The Guardian
OpenAI is developing a mechanism in which ChatGPT can alert authorities if it identifies youth expressing suicidal intentions. The concept presents difficult considerations concerning privacy and life-saving intervention.
OpenAI reportedly signs $300 billion Project Stargate cloud deal with Oracle
Elissa Welle/ The Verge
OpenAI purportedly signed a $300 billion cloud deal with Oracle under the codename Project Stargate. The move has the potential to significantly accelerate AI infrastructure.
iPhone 17 Cheat Sheet: Key Features, Price, and Availability
Megan Crouse/ TechRepublic
Apple's iPhone 17 has here, sleeker, faster, and full of surprises. Here's a quick rundown of its key features, launch prices, and when you can get your hands on one.
Larry Ellison usurps Elon Musk as the world’s richest person
Emma Roth/ The Verge
Oracle's Larry Ellison has surpassed Musk as the world's richest person. His spectacular rise was powered by a tech empire and skyrocketing stock prices.
The web has a new system for making AI companies pay up
Emma Roth/ The Verge
A new structure is evolving that requires AI businesses to pay for the information they train on. It has the potential to transform the internet's value exchange—and push tech companies to open their wallets.
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https://open.substack.com/pub/pramodhmallipatna/p/the-300-billion-bet-can-openai-afford