🤖 OpenAI Hauls in a Staggering $8.3B, Eyes $300B Valuation
OpenAI’s fundraising game is hitting wild new heights - $8.3 billion banked so far, with eyes on an ambitious $40 billion total by year’s end. That pegs the company’s valuation somewhere near the $300 billion mark. Dragoneer's in front with a chunky $2.8B, while Blackstone, TPG, and Sequoia jumped in too. It’s not just a funding round - it’s an earthquake across the AI investment space.
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📦 Broadcom Launches Jericho4: Tiny Chip, Giant Leap
On August 4, Broadcom rolled out the Jericho4 - its latest networking chip, etched using TSMC’s ultra-sleek 3 nm process. What’s special? It connects up to 4,500 chips, supports high-bandwidth memory, and even links data centers spread 60 miles apart - with encryption baked in. Clearly built with AI-scale ambitions in mind.
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🧠 Hassabis: AI Shift Could Dwarf Industrial Revolution
Demis Hassabis - co-founder of DeepMind and recent Nobel winner - didn’t mince words. He suggested AI could be “10 times bigger, maybe 10 times faster” than the Industrial Revolution. But it’s not just blue skies: he warned about misinformation, job loss, and uneven societal fallout too.
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🧑💻 GitHub Boss: Ignore AI, and You’re Out
At the DLD conference, GitHub’s Thomas Dohmke offered a blunt message for coders: adapt or get left behind. He framed tomorrow’s developer as more of a “code director” than a code writer - nudging, editing, overseeing AI output. He claims up to 90% of routine coding could soon be automated.
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🍏 Apple Quietly Builds AI Chatbot Team
Apple's forming a stealthy new team focused on building its own in‑house AI chatbot - designed to upgrade Siri, Safari, and Spotlight with smarter, generative features. Early word is they’re creating a full-stack web-crawling model to take on ChatGPT, head-on.
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🐕 Meet Moflin: Japan’s Cuddly AI Pet Craze
In Japan, ‘Moflin’ - a fuzzy, AI-powered robot critter - is winning over homes (and hearts). It mimics attachment, reacts emotionally, and doesn’t shed. With 7,000+ sold at around $400 each, it’s become the go-to for folks who want affection without the pet dander or vet bills.
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