Straight from the Desk

Syz the moment

Live feeds, charts, breaking stories, all day long.

11 Jun 2024

Billionaire Elon Musk said he would ban Apple devices from his companies if OpenAI’s software is integrated into the products at the operating system level.

In a series of posts on his social media platform X, Musk shared concerns about whether Apple and OpenAI will protect users’ information. He called the software integration between the two companies “an unacceptable security violation,” and said Apple has “no clue what’s actually going on.” “It’s patently absurd that Apple isn’t smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security & privacy!” Musk wrote after the event. The remarks followed a presentation Monday by Apple, when it said that customers would have access to OpenAI’s ChatGPT chatbot through the Siri digital assistant. Apple plans to roll out the capabilities as part of a suite of new AI features later this year. Musk co-founded OpenAI but had a falling out with the San Francisco-based startup. Source: HolgerZ

11 Jun 2024

In the first three weeks of May, OpenAI’s ChatGPT averaged 77 million daily visits, putting it on track to reach 2.3 billion visits last month

A new monthly record after setting its previous record of 1.8 billion visits a year ago. Source: Beth Kindig $MSFT $NVDA $GOOG $AMZN

7 Jun 2024

Here’s how many times the word “AI” has been said on the earnings calls of some of the biggest companies in the world

Source: Evan, Uptrends

7 Jun 2024

US sets stage for antitrust probes into Microsoft, OpenAI and Nvidia

Source: Reuters

3 Jun 2024

Nailed it

Source: Michel A.Arouet

3 Jun 2024

Nvidia $NVDA announced the next generation of its artificial intelligence processors on Sunday in a surprise move less than three months after its most recent launch.

At the Computex conference in Taipei, the chipmaker’s chief executive Jensen Huang unveiled “Rubin”, the successor to its “Blackwell” chips for data centres, which are currently in production after being announced in March. The unexpected move to reveal its next wave of products before Blackwell has even started shipping to customers shows how the world’s most valuable chipmaker is racing to entrench its dominance of AI processors, which has propelled it into the ranks of the world’s most valuable companies. “A new computing age is starting,” Huang said, as Nvidia also unveiled new AI chip deals with PC makers. Source: FT https://lnkd.in/edmWpGEZ

29 May 2024

The cost of training the ChatGPT-5 model could range from $1.7 to $2.5 billion, according to HSBC.

This is 17.5 times more expensive than ChatGPT-4 and nearly 400 times more expensive than ChatGPT-3. Only a few can afford such a race in expenses, so the leadership in AI technologies will remain with the current market technology leaders. Source: Vlad Bastion Research, HSBC

24 May 2024

If you're not dropping the word AI in your earnings calls, you must not be playing the game right...

Source: BofA, The Transcript

Thinking out loud

Sign up for our weekly email highlighting the most popular posts.

Follow us

Thinking out loud

Investing with intelligence

Our latest research, commentary and market outlooks