Get the full experience! Sign up to access transcripts, personalized summaries, and more features.
At this point it would be quicker to name the big tech company that’s NOT investing in OpenAI’s latest round. Amazon’s new Alexa service is just going to be Anthropic’s Claude in drag disguise I guess. I’m starting to get really worried about Intel y’all. And, of course, The Weekend Longreads Suggestions.
Links:
Weekend Longreads Suggestions:
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In a significant development within the tech landscape, major players like Nvidia, Apple, and Microsoft are reportedly considering investments in OpenAI's new funding round, which is set to value the AI powerhouse at over $100 billion. Thrive Capital is leading this round with an estimated contribution of around $1 billion. Apple is looking to strengthen its existing relationship with OpenAI by incorporating ChatGPT into its upcoming AI feature suite, Apple Intelligence. However, Apple's investment strategy, typically conservative toward startups, raises questions about the potential complications of their involvement with OpenAI.
In an intriguing pivot, Amazon has chosen to enhance its Alexa service by utilizing AI models from Anthropic, specifically the Claude AI. Set for release in October, the revamped Alexa aims to not only respond more effectively to complex queries but also to create a paid version that could generate significant revenue. Despite past struggles in persuading consumers to shop through Alexa, this new model hopes to leverage its AI capabilities to boost engagement and profitability.
Intel is navigating troubled waters, as it seeks help from investment banks to address what is described as the most challenging period in its history. With significant losses reported, discussions are underway regarding a potential split between its product design and manufacturing arms. The company’s attempts to innovate in the chip market are met with skepticism as it struggles against competitors like NVIDIA, whose revenue projections far exceed Intel’s. Analysts predict a difficult year ahead for Intel if current trends continue.
Listeners are encouraged to explore various long-form articles suggested for the weekend, including a retrospective on OpenSea's rise and fall in the NFT market, an introspective piece about a viral checkbox game, an analysis of an unreleased Jerry Lewis film about the Holocaust, and the sad farewell of AnandTech after 27 years.
Join other podcast enthusiasts who are getting podcast summaries.
Sign Up Free