Opinions expressed by Entrepreneur contributors are their own. As a seasoned entrepreneur and tech enthusiast, I’ve been closely watching the intersection of artificial intelligence and politics, particularly as we approach the 2024 U.S. presidential election. The impact of AI on our democratic process is not just a matter for policy wonks and tech giants — … Read more
Last week, AI startup Physical Intelligence unveiled its first general robot model, π₀ (pi-zero), which can do everything from clearing the table after dinner to folding the laundry. Earlier this year, the company was valued at $400 million. Now, a Monday report shows that the startup has reached unicorn status, surpassing a $1 billion valuation … Read more
How should entrepreneurs think about new business opportunities in AI? Microsoft AI CEO Mustafa Suleyman told LinkedIn co-founder Reid Hoffman on an October episode of the podcast Masters of Scale that startups can find a niche in fine-tuning AI models with accurate examples. Fine-tuning means revising the models with examples so they perform better with … Read more
AI is an expensive business, costing upwards of $100 million simply to train a new model. At Microsoft, though, a multi-billion dollar investment in AI appears to be paying off: CEO Satya Nadella said on a quarterly earnings call on Wednesday that Microsoft’s AI business “is on track to surpass an annual revenue run rate … Read more
Last week, Apple posted about a new security research challenge for hackers to try and test the security of the company’s servers that host its just-launched Apple Intelligence features. If you’re successful, you could earn up to $1 million. Related: Hackers Targeted a $12 Billion Cybersecurity Company With a Deepfake of Its CEO. This 1 … Read more
ChatGPT-maker OpenAI introduced Whisper two years ago as an AI tool that transcribes speech to text. Now, the tool is used by AI healthcare company Nabla and its 45,000 clinicians to help transcribe medical conversations across over 85 organizations, like the University of Iowa Health Care. However, new research shows that Whisper has been “hallucinating,” … Read more
Adobe has new AI updates for its creative cloud subscribers — whether they like AI or not. Adobe announced last week that Photoshop, Premiere Pro, and other popular programs would get AI enhancements. A Friday report from The Verge shows that Adobe doesn’t plan to offer alternative versions of products without AI for artists who … Read more
Nvidia’s Blackwell AI chip, the same one that Nvidia CEO Jensen Huang said had “insane” demand, is now free of a design error that caused a production delay. According to a Wednesday Reuters report, Huang said that the design mistake “was 100% Nvidia’s fault.” “We had a design flaw in Blackwell,” he stated. “It was … Read more
NYU Stern professor and serial entrepreneur Scott Galloway says “AI is not going to take your job” — but people who know how to use it might. In an episode of the Masters of Scale podcast, which aired earlier this month, Galloway advised anyone who thinks their job might be at risk of automation to … Read more
OpenAI recently secured $6.6 billion in funding at a valuation of $157 billion, but it’s far from the only AI company with high fundraising potential. Investors poured $2.9 billion from July to September (Q3) of 2024 into the latest U.S.-based AI startups, per PitchBook data. The three startups in the U.S. that received some of … Read more
