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Hard Numbers: Google’s superbug breakthrough, End-to-end solutions, OpenAI’s big figure, Humane sells, Apple builds in Texas, AI bankers?
3.3 billion: A startup called Together AI, which gives people access to AI computing, raised $305 million in a new funding round led by General Catalyst and Saudi Arabia’s Prosperity7 Ventures on Thursday — now it’s valued at $3.3 billion. The company bills itself as an “end-to-end” AI provider, allowing users to access open-source AI models and computing power from data centers.
400 million: OpenAI disclosed Thursday it has 400 million weekly active users as of February, according to COO Brad Lightcap. That’s up a whopping 33% from 300 million users in December. It’s unclear what has caused this jump, though the ChatGPT maker has added more government, academic, and enterprise clients to its roster in recent months.
116 million: The ill-fated AI wearable company Humane, which made an AI-powered pin, shut down and sold its assets to HP for $116 million last Tuesday. The much-hyped pins cost $699 but were panned by critics.
500 billion: Apple said Monday that it will invest $500 billion in the US over the next five years, including on an AI server factory in Texas. The iPhone maker will open a 250,000-square-foot facility in Houston, scheduled to open in 2026, to support its Apple Intelligence AI platform.
4,000: DBS, the largest bank in Singapore, said Tuesday that it expects to cut 4,000 jobs over the next three years as artificial intelligence gets more powerful. The bank clarified that it would affect temporary and contract workers but didn’t say what roles would be replaced by AI.
Are leaders asking the right questions about AI?
The official theme of the 2024 World Economic Forum held recently in Davos, Switzerland, was “Rebuilding Trust” in an increasingly fragmented world. But unofficially, the hottest topic on the icy slopes was artificial intelligence.
Hundreds of private sector companies convened to pitch new products and business solutions powered by AI, and nearly two dozen panel discussions featured “AI” in their titles. There was even an “AI House” on the main promenade, just blocks from the Congress Center, where world leaders and CEOs gathered.
So, there were many conversations about the rapidly evolving technology. But were they the right ones?
GZERO’s Tony Maciulis spoke to Marietje Schaake, a former member of the EU parliament who now leads an AI policy program at Stanford. Their conversation focused on the human side of AI and what it could mean for jobs and the workforce.
A recent study from the International Monetary Fund (IMF) revealed that as many as 40% of jobs worldwide could be adversely impacted by AI. Schaake said that kind of upheaval could lead to political unrest and a further rise in populism and encouraged corporations and public sector leaders alike to find solutions now before the equality gap further widens.
Watch the full GZERO World episode: Al Gore on US elections & climate change
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AI's impact on jobs could lead to global unrest, warns AI expert Marietje Schaake
The 2024 World Economic Forum in Davos was dominated by conversations about AI and its potential as well as possible pitfalls for society. GZERO’s Tony Maciulis spoke to former European Union parliamentarian Marietje Schaake about the current regulatory landscape, a recent report from the International Monetary Fund (IMF) saying as many as 40% of jobs globally could be lost or impacted by AI, and how that might give rise to unrest as we head into a critical year of elections.
Marietje Schaake, International Policy Fellow, Stanford Human-Centered Artificial Intelligence, and former European Parliamentarian, co-hosts GZERO AI, our new weekly video series intended to help you keep up and make sense of the latest news on the AI revolution. Sign up for the GZERO AI weekly newsletter to keep up with all things AI and find out when new episodes are published.
For more about AI at this year's World Economic Forum, watch our Global Stage discussion, Making AI Work for the World.
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