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Silicon Valley is experiencing a surge in generative artificial intelligence investments, with companies like OpenAI leading the way. Despite massive funding, experts warn of an impending bubble burst due to overhype and inflated expectations. The technology has attracted billions in investments, but its true revenue potential is yet to be realized.
Investors have poured over $24 billion into generative AI, with tech giants planning to spend $1 trillion on AI infrastructure. However, concerns persist about the technology's current capabilities and its potential impact. While some see promise in generative AI, others caution about its limitations and the speculative frenzy surrounding it.
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Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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