OpenAI CTO Mira Murati Is Leaving Firm 25
OpenAI's chief technology officer Mira Murati has announced her departure from the company, marking the latest high-profile exit from the Microsoft-backed AI firm. Murati, who briefly served as interim CEO during last year's leadership turmoil, cited a desire for personal exploration after six and a half years at OpenAI.
Her resignation follows the departures of founders Ilya Sutskever and John Schulman earlier this year. The startup, creator of ChatGPT, is currently in talks to raise over $6 billion at a $150 billion valuation, according to media reports.
Her resignation follows the departures of founders Ilya Sutskever and John Schulman earlier this year. The startup, creator of ChatGPT, is currently in talks to raise over $6 billion at a $150 billion valuation, according to media reports.
Should use the money to build more green power (Score:1, Funny)
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Their joint venture is putting $1.6B into revitalizing Three Mile Island.
They went after Nixon for Project Independence.
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Hahahaha, you should drink less cool-aid. It is not good for you as evidenced by the nonsense you just posted.
Get out! (Score:2)
That's right, get out while the getting is good. You don't want to be anywhere close to that bubble when it implodes!
So she's cashing out before the fall? (Score:5, Insightful)
Apple has a lot more at stake in their iPhones than Sam Altman does with his promises of a revolution in the workforce. Once their AI capability in the hands of everyday users, I think people are going to be quite underwhelmed and view this Generative AI hype as the bubble it is.
It's a cool toy to play with, but I don't predict it actually generating much measurable value....certainly NOWHERE near what they've promised...and once it's on every new iPhone, the truth..whether my prediction is right or wrong, will be obvious and plain as day. For the record, I'd LOVE to be wrong!
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Make sure to let the Microsoft CEO know about your pronouncement. He is likening it [inc.com] to the industrial revolution. Not much happened at first, then things took off.
"The Industrial Revolution had the same thing. [The first] 70 years of the Industrial Revolution, there was not that much industrial growth, and then it took off -- 1817 in the United States to the 1940s was just one of those golden ages," he argued.
He's also putting his mouth where his money is by investing $1.3 billion in Mexico to increase cloud computing and AI infrastructure [reuters.com].
Microsoft, al [nbcnewyork.com]
Re:So she's cashing out before the fall? (Score:5, Insightful)
Now call me crazy, but when the big boys are investing that kind of money now, either they are batshit insane or they know something the rest of us don't.
As, in the past, they basically never have known anything that the rest of us did not, my money is on "batshit insane". Nadella has one additional problem though: Microsoft is in a very deep crisis. Yes, it rakes in money like crazy, but it has no valid plans for the future and the nice house of cards they have built is crumbling. They will not be able to fix their security problems and this time people will take notice. Windows has been stagnant for a long time. Office wastes more and more of its user's time and is beginning to look mightily old and clumsy. Azure runs mostly Linux and people have begun to understand that they need to be able to move cloud. That is why he had put his ass in a vise with these "AI" investments. It is a desperate attempt to recover momentum. As these investments have a snowflake's chance in hell of paying off, all they will do is hasten his demise.
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the house of cards is crumbling while their profits soar? You might be a moron
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No, I just might be a lot more perceptive than you are. Profits are not a reliable predictor whether an enterprise has a future.
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Is that the same Microsoft CEO who blew billions of dollars on the Metaverse?
Re: So she's cashing out before the fall? (Score:2)
Microsoft is Levi Straus...not the goldminers (Score:3)
Generative AI has made lofty promises of solving real-world business problems and delivered little beyond amusing things to play with and "coming-soon" announcements about the valuable stuff. Make sure to let the Microsoft CEO know about your pronouncement. He is likening it [inc.com] to the industrial revolution. Not much happened at first, then things took off.
"The Industrial Revolution had the same thing. [The first] 70 years of the Industrial Revolution, there was not that much industrial growth, and then it took off -- 1817 in the United States to the 1940s was just one of those golden ages," he argued.
He's also putting his mouth where his money is by investing $1.3 billion in Mexico to increase cloud computing and AI infrastructure [reuters.com]. Microsoft, along with Blackrock [nbcnewyork.com], are planning to raise $100 billion to invest in AI data centers and the power to run them. Now call me crazy, but when the big boys are investing that kind of money now, either they are batshit insane or they know something the rest of us don't.
I say this nearly daily. Microsoft has more motive than anyone to make AI happen. It would be a license to print money if it fulfilled half of its promise. If they could make an industrial revolution grade advancement, they wouldn't be promising it, they would be demonstrating it with small use cases...and making a FUCKTON OF MONEY in the process. I can give many examples:
.NET code into beautiful assembly code that looks like it was written by the world's leading
1. An AI compiler that converts your
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The margin call on BTC at $68750 pretty much wiped out my savings. Timing Bitcoin is not much different than playing roulette. BTC doesn't comp you drinks tho.
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Interesting take, however non-financial readers should be aware that margin calls are a feature of leveraged trading, where you're essentially borrowing money to place a bet on Bitcoins price going up or down within a certain time period. Leveraged trades are also done with stocks, bonds, commodities etc (as per the popular film Margin Call), you could have wiped out your savings just as easily betting (making leveraged trades) on the S&P 500.
Anyone simply buying Bitcoin with no leverage who has held it
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I think that is what is happening. The utterly pathetic thing is that the AI field has made promises like this before, in fact several times. It all crashed hard every time and very little actually useful was left afterwards. People, as a group, do not learn and are unaware of history.
Re: So she's cashing out before the fall? (Score:1)
new project (Score:2)
leaving to start building -- 5-gigawatt data centers in various US states,
$150B (Score:2)
$150 Billion in value, for software that requires piles of specialized hardware, massive amounts of power, and then you need to double-check all of the output because it may be nonsense. Amazing.
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That is only possible with some kind of mass-hysteria hype. Which we are seeing, even if it is slowly dying down.
Rats leaving a sinking ship? (Score:3)
Looks very much like it to me. Color me unsurprised.
Mira Murati starting new AI company (Score:3)
She's doing the right thing (Score:2)