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Weekly News Digest
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October 8, 2024 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today.
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OpenAI Gets Billions to Keep Working on Artificial Intelligence
Connie Guglielmo writes the following in “OpenAI Makes History Again, This Time by Scoring Billions From Investors” for CNET:OpenAI, which turned generative AI from a sci-fi concept into a consumer reality when it released ChatGPT two years ago, … raised $6.6 billion in one of the largest venture capital funding rounds in US history. … The pressure is now on CEO Sam Altman to turn the San Francisco-based company from a charitable nonprofit into a for-profit company within two years, a shift that’s raised concerns that in its new quest to make money OpenAI might rush out AI tools that could increase the risk to humanity. The company said in a statement to Bloomberg that it would use the money to advance AI research and to increase its computing capacity. For more information, read the article.
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Brandi Scardilli
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