Elon Musk and Sam Altman were among the 11-person team that founded OpenAI in 2015. Photo: Frederic J. BROWN, Jung Yeon-je / AFP/FileSource: AFP The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman’s OpenAI in an apparent attempt to derail the ChatGPT maker’s ascent to becoming one of the world’s most important companies. What sparked the rivalry? Musk and Altman were among the 11-person team that founded OpenAI in 2015. Created as a counterweight to Google’s dominance in artificial intelligence, the project got its initial funding from Musk, who invested $45 million to get it started. Three years later, Musk departed OpenAI. The company initially cited “a potential future conflict for Elon…as Tesla
Tag Archives: AIInnovation
Jan
Chinese artificial intelligence (AI) start-up MiniMax has launched a new series of open-source models, intensifying the competition among mainland technology firms to deliver cost-effective AI systems that can rival top offerings from US competitors. The Shanghai-based company on Tuesday unveiled the MiniMax-01 large language model (LLM) family, which includes a general-purpose foundational model, the MiniMax-Text-01, and the multimodal MiniMax-VL-01 with visual capabilities. LLMs are the tech that powers text-generating AI products such as ChatGPT . In benchmark tests that MiniMax posted to its official WeChat account, the new foundational language model was shown to be on par with the world’s leading AI models in evaluations that included maths problem solving, domain knowledge, the ability to follow instructions, and avoiding hallucinations or factual errors. MiniMax’s release of an industry-leading AI system
Meta has introduced an open-source artificial intelligence model, Llama 3.1 405B, claiming it to be a strong competitor to products from companies like OpenAI and Anthropic. In a blog post, Meta stated that its new model is “competitive” with others, including those from OpenAI and Anthropic, across various tasks. This implies that one of the […]