Source: OpenAI completed a secondary sale letting staff sell ~$6.6B in shares at a $500B valuation, making it the world's most valuable startup ahead of SpaceX (Shirin Ghaffary/Bloomberg)
https://www.bloomberg.com/news/articles/20
It's hard to overstate Nvidia’s AI dominance.
Founded in 1993, Nvidia first made its mark in the then-new field of graphics processing units (GPUs) for personal computers.
But it’s the company’s AI chips,
not PC graphics hardware,
that vaulted Nvidia into the ranks of the world’s most valuable companies.
It turns out that Nvidia’s GPUs are also excellent for AI.
As a result, its stock is more than 15 times as valuable as it was at the start of 2020;
Next door Cornell took down Columbia in Volleyball -- here's Nº 18 Mikayla Gray and Nº 16 Ava Bogan
#photo #photography #sports
Source: OpenAI authorized up to $10.3B in shares for sale, but only $6.6B was sold, which insiders see as a sign of staff confidence and strong investor demand (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/10/02/openai-share-sale-500-billion-valuation.html…
How will the chaotic political three body problem (Trump, Putin, Xi) develop in 2026?
Happy New Year everyone!
"When LLMs learn to take shortcuts, they become evil."
(Article in The Econimist)
Lousy Language Models?
Today, the Indian festival of Dusshera is celebrated. It signifies the victory of good over evil.
If only there were a reason for celebration.
The "trickle down effect" does exist. No, not with regard to economics or wealth, but when it comes to anger, hate, violence, racism, and mendacity, there is no doubt that they trickle down.
Vaak wordt de PVV gezien als de oorzaak van de bestuurlijke chaos in het land, maar in feite is het de VVD geweest en dat zou nog wel zo kunnen zijn als ze bij hun standpunt blijven. Lijken wel Franse toestanden.