DeepSeek No Travel

The Information is reporting that some DeepSeek employees are no longer allowed to travel after the company’s rise to fame. “Management asked some staff to hand in their passports, the three people said.” This is a part of why I’m bearish on...
OpenAI: Up & To The Right

OpenAI: Up & To The Right

This gem came in my inbox this morning from The Information: Still, OpenAI’s business dwarfs competitors like Cohere and Mistral. OpenAI is expecting to more than triple revenue this year, from $3.7 billion to $12.7 billion, we scooped Friday. OpenAI told...
More AI Spend Than Oil

More AI Spend Than Oil

This is amazing: big tech is spending more on AI than big oil spent on their own infrastructure during the last boom. Surely there is a warning somewhere in this, although I’m a huge AI proponent and think that most of the spend will be justified.
The Information: 60% Chance of AGI by 2028

The Information: 60% Chance of AGI by 2028

The Information just published results of a reader survey that shows that nearly 60% of its readers believe that OpenAI, another company, or both, will achieve Artificial General Intelligence (AGI) within three years. A really short definition of AGI is, AI that is as...
TikTok Deep in the Red

TikTok Deep in the Red

The Information reports that TikTok loses money, a lot of money: ByteDance investors estimate TikTok lost several billion dollars last year on revenue of roughly $20 billion.