November 21, 2024
Technology - 11/21
πŸš€ xAI Raises $5B, Hits $50B Valuation, πŸ€– OpenAI Enhances GPT-4o Speed, Creativity...
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πŸš€ xAI Raises $5B, Hits $50B Valuation xAI has reportedly raised $5B with a $50B valuation, achieving $100M in annualized revenue. πŸ€– OpenAI Enhances GPT-4o Speed, Creativity OpenAI released an update for GPT-4o, improving its creative writing abilities and speeding up responses. πŸ“‰ 9.5% Software Engineers 'Ghost Workers' A Stanford study found that 9.5% of software engineers at tech firms are unproductive or 'ghost workers.' 🧠 Neuralink Approved for Canadian Trials Neuralink received approval to conduct clinical trials in Canada, advancing its brain-machine interface technology. πŸ”„ Meta Shifts Focus to Generative AI Meta, under Mark Zuckerberg's leadership, has pivoted its strategy to focus on generative AI, with Llama at the core. πŸ‡¨πŸ‡³ Chinese AI Model Challenges OpenAI A new Chinese AI model aims to rival OpenAI and is backed by High-Flyer Capital Management. πŸ›°οΈ SpaceX Plans Upgrades for Starship SpaceX may increase the size and power of its Starship components if FAA approvals are finalized. πŸš€ SpaceX Gets Approval for Texas Launches The FAA plans to allow SpaceX to increase its Starship launches in Texas to 25 per year. 🐍 FireDucks Boosts Python's pandas API A compiler-accelerated dataframe library, FireDucks, now enhances Python's pandas API without manual code changes. ⚠️ Russia Deploys ICBMs Against Ukraine Russia launched intercontinental ballistic missiles (ICBMs) into Ukraine for the first time. πŸš” Bill Hwang Sentenced in Archegos Scandal Bill Hwang has been sentenced to 18 years for his involvement in the Archegos capital scandal. πŸ“ˆ US Startup Valuations Soar 577% The value of VC-backed startups in the U.S. has increased by 577% over the last decade.
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