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- 🏠 7 Trillion?????
Gm. Congrats to all the Chiefs fans out there. I still think they use dark magic, but congrats.
🏠 AI
More, More, More
3 weeks ago, we covered OpenAI CEO Sam Altman’s plans to build AI chip factories. It’s a smart plan. If OpenAI is going to stay ahead, they need to diversify into hardware, and they already have a never-ending appetite for GPUs anyway.
Considering current chip leader TSMC is worth $531B and the entire global semiconductor industry did $527B in sales, it was assumed Altman would need to raise billions of dollars to get his plan off the ground.
Yeah, about that.
We now know Altman is attempting to raise somewhere between $5 and $7 trillion from investors like the UAE sovereign wealth fund. Trillion. With a T. For context, the largest funding round of the entire 2010s was $18B.
To put things into perspective, here’s what you can buy with $7T:
1,254,480,300,000 Big Macs
2,000,000,000 Vision Pros
87,500,000 Cybertrucks
2.8 Englands
The next time you think you’re asking for too much money, just remember that Sam Altman is trying to raise enough to buy England 2.8 times.
The Big Picture: Sam Altman is aware of OpenAI’s limitations. It’s hard to bet against his ability to address them.
🤝 THE LATEST IN…
TECH
Sports betting is coming to X.
Apple likes the enterprise market for the Vision Pro.
Nvidia is creating a new custom chip unit.
It could take four generations before the Vision Pro is in its ‘ideal form.’
AI
Disney is testing an AI that creates ads that fit the mood of individual scenes in a movie or TV show.
AI offers some hope for catching pancreatic cancer early.
GOODY-2 is the most responsible AI model you’ll ever find.
Who makes money when AI reads the internet for us?
SCIENCE
Chernobyl’s mutant wolves have developed resistance to cancer.
For the first time a prosthetic limb can sense temperature.
Disney’s newest robot demonstrates collaborative cuteness.
Sustainable aviation fuel is getting closer and closer.
CRYPTO
Fireblocks laid off 3% of their staff.
It’s time to go airdrop hunting.
Ethereum’s NFT volume is quietly ticking up again.
🏃♀️ QUICKIES
Raise: Sports VR tech firm StatusPro raised $20M in a Series A round led by Google Ventures.
Stat: Nearly 60%: The market share of AI PCs by 2027.
Rabbit hole: How To Write Stuff No One Else Can (The Write To Roam)
🤩 MONDAY MOTIVATION
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For this week:
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