Welcome back AI enthusiasts!
In todayās Daily Report:
šOpenAI and Microsoftās $100 Billion Financial Definition of AGI
šIBM Technologyās Seven AI Trends for 2025
šµOpenAI CEO Sam Altman Owned Equity in OpenAI?
š Trending Tools
š°Funding Frontlines
š¼Whoās Hiring?
Read Time: 3 minutes
šRECENT NEWS
OPENAI
šOpenAI and Microsoftās $100 Billion Financial Definition of AGI
Image Source: Todd Bishop/GeekWire/āOpenAI DevDay 2023: Opening Keynote With Microsoft CEO Satya Nadellaā/Screenshot
According to The Information, OpenAI and Microsoft agreed on a financial definition for Artificial General Intelligence (AGI).
Key Details:
AGI is a theoretical concept where AI systems achieve human-level learning, perception, and cognitive ability.
OpenAI defines AGI as āhighly autonomous AI systems that outperform humans at most economically valuable work.ā
OpenAI and Microsoft reportedly signed an agreement last year outlining that OpenAI has only achieved AGI when it develops AI systems that can generate at least $100 billion in profits.
Why Itās Important:
Once OpenAI achieves AGI that can generate at least $100 billion in profits, Microsoft loses access to OpenAIās technology.
OpenAI is set to lose billions of dollars this year, and the company tells investors it wonāt turn a profit until 2029. ChatGPT alone costs OpenAI $700,000 daily to operate.
IBM TECHNOLOGY
šIBM Technologyās Seven AI Trends for 2025
Image Source: IBM Technology/YouTube/āAI Trends for 2025ā/Screenshot
IBM Technologyās Martin Keen released a YouTube video outlining his seven AI trends for 2025.
Key Details:
Agentic AI: AI Agents that can analyze data, set goals, and take action to achieve them. Itās like having a virtual co-worker who can think, reason, and adapt to changing circumstances.
Inference Time Compute: The time it takes for an AI model to analyze inputs to generate outputs. Adding more compute to this process allows an AI model to spend more time āthinkingā before responding.
Large Language Models (LLMs): LLMs trained on massive datasets that exceed 37 Trillion Parameters to capture more complex patterns and nuances in language.
Small Language Models (SLMs): SLMs designed to run locally on laptops and smartphones with limited compute that can easily be fine-tuned for specific use cases.
More Advanced Use Cases: Think of customer service chatbots that can solve complex problems instead of routing customer inquiries, issues, or requests.
Near Infinite Memory: AI models that ājust donāt forgetā with ongoing, evolving dialogues that transform reactive chatbots into proactive companions with voice, memory, and personality.
Human-In-The-Loop Augmentation: Active human involvement in developing, training, and operating AI models.
Why Itās Important:
These seven AI trends point towards a future where AI models are more intelligent, autonomous, and integrated into our daily lives.
Itāll also be interesting to see how the battle between Search Engines like Google Search and Answer Engines like Perplexity AI will evolve in 2025.
AI DRAMA
šµOpenAI CEO Sam Altman Owned Equity in OpenAI?
Image Source: Canvaās AI Image Generators/Magic Media
During OpenAI CEO Sam Altmanās testimony in 2023 before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law, he stated: āI have no equity in OpenAI. Iām doing this because I love it!ā
However, Altman recently admitted he actually had equity in OpenAI through a Sequoia Capital Fund at one point before selling it. He also explained how he currently has a ātiny sliver of equity in an old Y Combinator Fund.ā While Altmanās equity in OpenAI through the Y Combinator Fund was known, his equity in OpenAI through the Sequoia Capital Fund wasnāt.
āHe held a negligible stake, less than a fraction of a percent, in a general Sequoia Capital Fund with a broad portfolio, which he later learned had minimal exposure to OpenAI,ā said OpenAI spokesperson Kayla Wood. Details about how much money Altman made through selling his stake in the Sequoia Capital Fund havenāt been disclosed.
Altman initially testified that he didnāt have any equity in OpenAI. However, his financial interest in the company through the Sequoia Capital Fund contradicts his testimony, raising concerns about Altmanās true motives.
Now, OpenAI is in the process of restructuring into a For-Profit Benefit Corporation (āB Corp.ā) thatāll no longer be controlled by a Non-Profit Board of Directors (BofD) after raising $6.6 billion at a $157 billion valuation. Reports claim Altman could award himself a 7% equity stake in the company worth roughly $11 billion. However, Altman denied these reports, calling them āludicrous.ā
š©ŗ PULSE CHECK
Do you trust Altman?
š TRENDING TOOLS
šļøSpellar is a note-taker for your meetings.
šLibroMatch finds books youāll love to read.
šļøMolyPix.AI creates precise, effortless, and editable designs.
šElementor hosts, builds, and grows the website of your dreams.
šDocDecoder generates clear summaries of any websiteās legal policies.
š®Browse our always Up-To-Date AI Tools Database.
š°FUNDING FRONTLINES
Retellio raises a $1.3M Funding Round to extract actionable insights from customer calls.
Scripta Insights lands a $17M Series B to revolutionize how Americans shop for prescription drugs.
Cadstrom secures a $6.8M Seed Round to validate designs of electronic devices in minutes.
š¼WHOāS HIRING?
Dropbox (Remote): Software Engineer Intern, Summer 2025
Salesforce (San Francisco, CA): AI Scientist Intern, Summer 2025
Atlassian (San Francisco, CA): AI Research Intern, Summer 2025
Netflix (Los Angeles, CA): Data Visualization Engineer Intern, Summer 2025
Tesla (Palo Alto, CA): Perception Software Engineer Intern, Tesla Bot, Summer 2025
š¤PROMPT OF THE DAY
CUSTOMERS
š£ļøCommon Customer Complaints
Generate a list of common customer complaints for [Small Business] with [Product or Service] in [Industry] with [Target Audience] and [Customer Support Channels]. Outline best practices to resolve these common customer complaints, such as prioritizing open communication.
Small Business = [Insert Here]
Product or Service = [Insert Here]
Industry = [Insert Here]
Target Audience = [Insert Here]
Customer Support Channels = [Insert Here]šFINAL NOTE
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