Subj : OpenAI eyes $100B+ valuation 🤖, SpaceX preps Starship catch 🚀, inside OpenSea's fall 🌊, To : tldr@synchro.net From : TLDR Date : Thu Aug 29 2024 10:35:04 --As6LjdjX Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: quoted-printable OpenAI is reportedly in talks to raise funds at a valuation of more than = $100B, substantially higher than the company's previous $86B valuation.= =C2=A0=20 Sign Up [1] |Advertise [2]|View Online [3]=20 =09=09TLDR = =09=09TOGETHER WITH [Bland.ai] [4] TLDR 2024-08-29 AI PHON= E CALLS ARE GETTING RIDICULOUSLY GOOD (SPONSOR) [4]=20 =E2=98=8E= =EF=B8=8F Are phone-based jobs about to go extinct? Bland AI released = its hyper-realistic AI phone agent [4] earlier this year. Guess what? It'= s already replacing support agents and SDRs for some of the world's large= st businesses =E2=80=94 handling up to 1M+ simultaneous phone calls. = And the performance is SCARY GOOD [4]. The AI answers instantly, under= stands emotions, and responds in virtually any voice and even any languag= e. =F0=9F=A4=AF Chances are, you've already spoken to it without even = noticing... Pretty wild, huh? Here, give it a call yourself [4]. = And if you're an enterprise customer, you can get TLDR-exclusive access t= o the most advanced version [5]... =F0=9F=93=B1=20 BIG TECH & START= UPS SUNK COST (32 MINUTE READ) [6]=20 NFTs haven't recovered desp= ite crypto values rising. While they're hanging on, the technology is in = troubled waters. OpenSea, once the largest marketplace for NFTs, is facin= g pending litigation from the SEC, a previous unreported 'matter' with th= e FTC, inbounds from US and international tax authorities, heightened com= petition, accusations of gender discrimination, and employee attrition. T= his article tells the story of the marketplace's rise and fall.=20 OP= ENAI REPORTEDLY IN TALKS TO CLOSE A NEW FUNDING ROUND AT $100B+ VALUATION= (2 MINUTE READ) [7]=20 OpenAI is reportedly in talks to raise funds at= a valuation of more than $100 billion, substantially higher than the com= pany's previous $86 billion valuation. Investors include Thrive Capital a= nd Microsoft. The financing will be OpenAI's biggest outside infusion of = capital since Microsoft invested nearly $10 billion in January last year.= While OpenAI's revenue eclipsed $3.4 billion early this year, the comp= any is on track to lose nearly $5 billion by year end. It has already bur= ned through $8.5 billion on AI training and staffing.=20 =F0=9F=9A=80 = SCIENCE & FUTURISTIC TECHNOLOGY SPARKS ARE FLYING DAY AND NIGHT= AS SPACEX PREPS STARSHIP PAD TO CATCH A ROCKET (8 MINUTE READ) [8]=20 = Workers have been making last-minute upgrades to SpaceX's Starship la= unch pad in South Texas pretty much every day for the last couple of week= s. If all goes well on the Starship's next test flight, the launch pad's = mechanical arms will close together to capture the Super Heavy booster as= it descends back to Earth. SpaceX announced that Starship and Super Heav= y were ready to fly, pending regulatory approval, on August 8. The FAA is= still evaluating SpaceX's proposed flight profile. It is unclear how lon= g approval will take, but the state of the launch pad suggests that the n= ext test is still at least a couple of weeks away.=20 AI INFERENCE CO= MPETITION HEATS UP (6 MINUTE READ) [9]=20 The competition for AI infere= nce is heating up, particularly in terms of power efficiency. ML Commons = has released the results of its latest AI inferencing competition. The ro= und included first-time submissions from teams using AMD Instinct acceler= ators, the latest Google Trillium accelerators, chips from Untether AI, a= nd Nvidia's new Blackwell chip. This article looks at the results - while= Nvidia's chips are still ahead in many categories, chips from other manu= facturers are starting to catch up.=20 =F0=9F=92=BB=20 PROGRAMMING,= DESIGN & DATA SCIENCE 3 TIPS ON DEVELOPER MESSAGING FROM A DEVELOPER= -TURNED-MEDIA-COMPANY FOUNDER WITH OVER 5 MILLION SUBSCRIBERS (SPONSOR) [= 10]=20 In this LinkedIn post, Dan shares 3 key insights he's gained abo= ut messaging a developer-focused audience from building ScraperAPI and = TLDR. Dan has been actively posting on LinkedIn - follow him for develope= r marketing content [11].=20 PROGRAMMING WITH CHATGPT (4 MINUTE READ) [= 12]=20 Using ChatGPT to code can be a real productivity boost. Instead = of reading examples on Stack Overflow and adapting them to their partic= ular case, developers can instantly get code tailored to their specific n= eeds. It can make developers more efficient, but they need to remember th= at it is still a tool. It is important to always test the code it provide= s to quickly discover any hallucinations.=20 STATE AND TIME ARE THE SAM= E THING (5 MINUTE READ) [13]=20 State is time and time is state. The on= ly way to see the passage of time is by measuring changes in observable s= tate. Changes in state matter in that they create new times. If a state u= pdate is purely internal and cannot affect the observable state, then it = doesn't advance time. This model can be used to reason about abstract sys= tems. =F0=9F=8E=81=20 MISCELLANEOUS NVIDIA REVENUE JUMPS 1= 22% IN POSITIVE SIGN FOR TECH'S A.I. BOOM (4 MINUTE READ) [14]=20 Nvi= dia recently reported that its sales and profits had more than doubled du= ring the last quarter. The company also projected that sales in the curre= nt quarter will increase by 80% compared to a year ago, exceeding earlier= estimates. Nvidia's revenue was $30.04 billion last quarter, and its net= income rose to $16.95 billion. It will spend $50 billion on repurchasing= its own shares. Nvidia now supplies more than 90% of the chips essential= to building AI, but competition is on the rise, with other companies dev= eloping custom chips to lessen their dependence on Nvidia.=20 TELEGRA= M CEO CHARGED WITH NUMEROUS CRIMES AND IS BANNED FROM LEAVING FRANCE (3 M= INUTE READ) [15]=20 Telegram CEO Pavel Durov has been indicted in Franc= e on charges including web-mastering an online platform in order to enabl= e an illegal transaction in an organized group, complicity in drug traf= ficking, distribution of child pornography, and providing cryptology serv= ices without making required declarations to government officials. Telegr= am has released a statement saying that it follows the law and industry s= tandards on moderation and that it was absurd to claim that a platform or= its owner is responsible for the abuse of that platform. Durov was order= ed to post bail of 5 million euros. He is forbidden from leaving the coun= try and must report to police twice a week while the case continues.=20 = =E2=9A=A1=20 QUICK LINKS RIPPLING IT MAKES IT EASY TO STRENGTHE= N SECURITY WHILE ELIMINATING BUSYWORK (SPONSOR) [16]=20 Streamline an= d secure identity, access, devices, and hardware inventory all from one p= latform. See why 6,000+ IT and security teams use Rippling [16]=20 AP= PLE LAYS OFF EMPLOYEES WORKING ON BOOKS AND NEWS (1 MINUTE READ) [17]=20 = Apple is cutting 100 jobs in its digital services teams - laid off em= ployees have 60 days to find another job in the company.=20 META REPORT= EDLY PLANS ULTRALIGHT HEADSET WITH TETHERED PUCK FOR 2027 (3 MINUTE READ)= [18]=20 Codenamed 'Puffin', the headset will achieve its remarkably li= ght weight by offloading both the battery and computing hardware to an = external tethered puck small enough to fit in users' pockets.=20 MIDJOU= RNEY SAYS IT'S =E2=80=98GETTING INTO HARDWARE' (2 MINUTE READ) [19]=20 = Midjourney's hardware efforts may be related to its AI models for video a= nd 3D generation.=20 WHAT IS IT TO SOLVE THE ALIGNMENT PROBLEM? (2 HOUR= READ) [20]=20 Solving the alignment problem means avoiding a bad form = of AI takeover while building the dangerous kinds of superintelligent AI= agents and gaining access to the main benefits of superintelligence fr= om those agents.=20 ASK HN: DID YOU REGRET STAYING AT A JOB FOR TOO LON= G? (HACKER NEWS THREAD) [21]=20 Some engineers are worried that stayi= ng in one job too long might restrict their growth, but there are ways ar= ound that.=20 OPENAI'S CONVERGE 2 PROGRAM HAS BEEN SHROUDED IN MYSTERY = (4 MINUTE READ) [22]=20 Sources confirm that OpenAI's Converge 2 star= tup accelerator program did indeed take place, but the details about what= happened inside the program are scarce.=20 Congrats to Sam BC [23] fo= r referring 5 friends to TLDR. Thanks for helping us spread the word! = =F0=9F=99=8F Love TLDR? Tell your friends and get rewards! Share= your referral link below with friends to get free TLDR swag!=20 https:= //refer.tldr.tech/1fd848fa/ [24]=20 =09=09 Track your referrals here. [2= 5]=20 Want to advertise in TLDR? =F0=9F=93=B0 If your company is i= nterested in reaching an audience of tech executives, decision-makers and= engineers, you may want to ADVERTISE WITH US [26].=20 If you have an= y comments or feedback, just respond to this email!=20 Thanks for readin= g,=20 Dan Ni & Stephen Flanders=20 If you don't want to receive future e= ditions of TLDR, please unsubscribe from TLDR [27] or manage all of your = TLDR newsletter subscriptions [28].=20 =20 Links: ------ [1] ht= tps://tldr.tech/signup?utm_source=3Dtldr [2] https://advertise.tldr.tech/= ?utm_source=3Dtldr&utm_medium=3Dnewsletter&utm_campaign=3Dadvertisetopnav= [3] https://a.tldrnewsletter.com/web-version?ep=3D1&lc=3Db5bb39ac-a04f-1= 1ee-8692-6388dbdd6fd1&p=3D22914742-65cb-11ef-b9b1-255dd6070ca4&pt=3Dcampaig= n&t=3D1724927704&s=3Decc8bbab56bcfe6249f1eb03697f4bd7fc654900119778522db520= 809a050045 [4] https://www.bland.ai/?utm_campaign=3DTLDRAIAug&utm_medium= =3Dpaid&utm_source=3DTLDRhome [5] https://d2swt604.na1.hs-sales-engage.co= m/Ctc/GH+23284/d2SwT604/Jl23gNv7W7lCdLW6lZ3mJW1_Nv_n8Cfg1hW2CKd1c6g9h30W2CC= xFJ1LTVrlW3lvRQh8QKbFkW2R9fcb69XLQ3W26r3fJ7r2XBzW5Qph9-2t6L2sW4gjCV76bwvyjW= 77jcps5LPXtSW1jW0yJ9cPBKCN2T88F3G4dqYW71H_Q46NcZQCW3cNQQL5NWnX5W7Y9DZB9gjXM= MW4dXhfx5CVk09VyKnXb3CCMWGN6QklGw81Fp0W6MH88w6sgzd6N3G_QVbSnlQ9W906qd22H7bh= dW8ttnBW6ZB5RtW9l-qFx66KYrxW7yMGDW5JmZJrW7wSJ8n4K_St8f7kyjhT04 [6] https:= //www.theverge.com/24161573/opensea-crypto-nfts-workplace-rise-fall?utm_sou= rce=3Dtldrnewsletter [7] https://techcrunch.com/2024/08/28/openai-reporte= dly-in-talks-to-close-new-funding-round-at-100b-valuation/?utm_source=3Dtld= rnewsletter [8] https://arstechnica.com/space/2024/08/spacex-is-beefing-u= p-its-starship-launch-pad-to-catch-a-20-story-tall-rocket/?utm_source=3Dtld= rnewsletter [9] https://spectrum.ieee.org/new-inference-chips?utm_source= =3Dtldrnewsletter [10] https://www.linkedin.com/posts/dan-ni_as-a-develop= er-turned-media-company-founder-activity-7234621550853771266-skdO/?utm_sour= ce=3Dtldrnewsletter [11] https://www.linkedin.com/posts/dan-ni_as-a-devel= oper-turned-media-company-founder-activity-7234621550853771266-skdO/ [12]= https://henrikwarne.com/2024/08/25/programming-with-chatgpt/?utm_source=3D= tldrnewsletter [13] https://buttondown.com/hillelwayne/archive/state-and-= time-are-the-same-thing/?utm_source=3Dtldrnewsletter [14] https://links.t= ldrnewsletter.com/VdTvu0 [15] https://arstechnica.com/tech-policy/2024/08= /pavel-durov-indicted-as-prosecutor-cites-telegrams-refusal-to-work-with-po= lice/?utm_source=3Dtldrnewsletter [16] https://www.rippling.com/rippling-= it?utm_source=3Dtldr_tech&utm_medium=3Dcpc&utm_campaign=3Dtldr_tech_cpc_new= sletter_&utm_term=3Dit&utm_content=3Dai [17] https://arstechnica.com/gadg= ets/2024/08/apple-lays-off-employees-working-on-books-and-news/?utm_source= =3Dtldrnewsletter [18] https://www.uploadvr.com/meta-puffin-ultralight-he= adset-report/?utm_source=3Dtldrnewsletter [19] https://techcrunch.com/202= 4/08/28/midjourney-says-its-getting-into-hardware/?utm_source=3Dtldrnewslet= ter [20] https://links.tldrnewsletter.com/WcJBGY [21] https://news.ycom= binator.com/item?id=3D41379097&utm_source=3Dtldrnewsletter [22] https://t= echcrunch.com/2024/08/28/openais-converge-2-program-has-been-shrouded-in-my= stery/?utm_source=3Dtldrnewsletter [23] https://www.linkedin.com/in/samue= l-balbirnie-cumming-8b79401b8/ [24] https://refer.tldr.tech/1fd848fa/ [= 25] https://hub.sparklp.co/sub_32edf8dd66ae/1 [26] https://advertise.tldr= ..tech/?utm_source=3Dtldr&utm_medium=3Dnewsletter&utm_campaign=3Dadvertisect= a [27] https://a.tldrnewsletter.com/unsubscribe?ep=3D1&l=3Dcfa2d55a-b7be-= 11e8-a3c9-06b79b628af2&lc=3Db5bb39ac-a04f-11ee-8692-6388dbdd6fd1&p=3D229147= 42-65cb-11ef-b9b1-255dd6070ca4&pt=3Dcampaign&pv=3D4&spa=3D1724925625&t=3D17= 24927704&s=3D53415baa14431986779323a6d4d11768013125905de880a226d8d18631f728= 18 [28] https://tldr.tech/tech/manage?email=3Dtldr%40synchro.net --As6LjdjX Content-Type: text/html; charset=utf-8 Content-Transfer-Encoding: quoted-printable TLDR
OpenAI is reportedly in talks to raise funds at a valuation of more than= $100B, substantially higher than the company's previous $86B valuatio= n. 

TLDR

Together With 3D"Bland.ai"

TLDR 2024-08-29

AI phone calls are getting = ridiculously good (Sponsor)

=E2=98=8E=EF=B8=8F Are phone-based jobs= about to go extinct?

Bland AI released its hyper-realistic AI phone agent earlier this year. Guess what?= It's already replacing support agents and SDRs for some of the world's lar= gest businesses =E2=80=94 handling up to 1M+ simultaneous phone calls.

And the performance is scary good. The AI answers instantly, understands emotions, and respon= ds in virtually any voice and even any language.

=F0=9F=A4=AF Chances are, you've already spoken to it without even notic= ing...

Pretty wild, huh? Here, give it a call yourself= .

And if you're an enterprise customer, you can get TLDR-exclusive access to the most advanced version...

=F0=9F= =93=B1

Big Tech & Startups

Sunk cost (32 minute read)<= /strong>

NFTs haven't recovered despite crypto v= alues rising. While they're hanging on, the technology is in troubled water= s. OpenSea, once the largest marketplace for NFTs, is facing pending litiga= tion from the SEC, a previous unreported 'matter' with the FTC, inbounds fr= om US and international tax authorities, heightened competition, accusation= s of gender discrimination, and employee attrition. This article tells the = story of the marketplace's rise and fall.
OpenAI reportedly in talks = to close a new funding round at $100B+ valuation (2 minute read)

OpenAI is reportedly in talks to raise = funds at a valuation of more than $100 billion, substantially higher than t= he company's previous $86 billion valuation. Investors include Thrive Capit= al and Microsoft. The financing will be OpenAI's biggest outside infusion o= f capital since Microsoft invested nearly $10 billion in January last year.= While OpenAI's revenue eclipsed $3.4 billion early this year, the company = is on track to lose nearly $5 billion by year end. It has already burned th= rough $8.5 billion on AI training and staffing.
=F0=9F= =9A=80

Science & Futuristic Technology

Sparks are flying day and n= ight as SpaceX preps Starship pad to catch a rocket (8 minute read)

Workers have been making last-minute up= grades to SpaceX's Starship launch pad in South Texas pretty much every day= for the last couple of weeks. If all goes well on the Starship's next test= flight, the launch pad's mechanical arms will close together to capture th= e Super Heavy booster as it descends back to Earth. SpaceX announced that S= tarship and Super Heavy were ready to fly, pending regulatory approval, on = August 8. The FAA is still evaluating SpaceX's proposed flight profile. It = is unclear how long approval will take, but the state of the launch pad sug= gests that the next test is still at least a couple of weeks away.
AI Inference Competition He= ats Up (6 minute read)

The competition for AI inference is hea= ting up, particularly in terms of power efficiency. ML Commons has released= the results of its latest AI inferencing competition. The round included f= irst-time submissions from teams using AMD Instinct accelerators, the lates= t Google Trillium accelerators, chips from Untether AI, and Nvidia's new Bl= ackwell chip. This article looks at the results - while Nvidia's chips are = still ahead in many categories, chips from other manufacturers are starting= to catch up.
=F0=9F= =92=BB

Programming, Design & Data Science

3 tips on developer messagi= ng from a developer-turned-media-company founder with over 5 million subscr= ibers (Sponsor)

In this LinkedIn post, Dan shares 3 key= insights he's gained about messaging a developer-focused audience from bui= lding ScraperAPI and TLDR. Dan has been actively posting on LinkedIn - follow him for developer m= arketing content.
Programming With ChatGPT (4= minute read)

Using ChatGPT to code can be a real pro= ductivity boost. Instead of reading examples on Stack Overflow and adapting= them to their particular case, developers can instantly get code tailored = to their specific needs. It can make developers more efficient, but they ne= ed to remember that it is still a tool. It is important to always test the = code it provides to quickly discover any hallucinations.
State and time are the same= thing (5 minute read)

State is time and time is state. The on= ly way to see the passage of time is by measuring changes in observable sta= te. Changes in state matter in that they create new times. If a state updat= e is purely internal and cannot affect the observable state, then it doesn'= t advance time. This model can be used to reason about abstract systems.
=F0=9F= =8E=81

Miscellaneous

<= /div>
Nvidia Revenue Jumps 122% i= n Positive Sign for Tech's A.I. Boom (4 minute read)

Nvidia recently reported that its sales= and profits had more than doubled during the last quarter. The company als= o projected that sales in the current quarter will increase by 80% compared= to a year ago, exceeding earlier estimates. Nvidia's revenue was $30.04 bi= llion last quarter, and its net income rose to $16.95 billion. It will spen= d $50 billion on repurchasing its own shares. Nvidia now supplies more than= 90% of the chips essential to building AI, but competition is on the rise,= with other companies developing custom chips to lessen their dependence on= Nvidia.
Telegram CEO charged with n= umerous crimes and is banned from leaving France (3 minute read)

Telegram CEO Pavel Durov has been indic= ted in France on charges including web-mastering an online platform in orde= r to enable an illegal transaction in an organized group, complicity in dru= g trafficking, distribution of child pornography, and providing cryptology = services without making required declarations to government officials. Tele= gram has released a statement saying that it follows the law and industry s= tandards on moderation and that it was absurd to claim that a platform or i= ts owner is responsible for the abuse of that platform. Durov was ordered t= o post bail of 5 million euros. He is forbidden from leaving the country an= d must report to police twice a week while the case continues.
=E2=9A= =A1

Quick Links

Rippling IT makes it easy t= o strengthen security while eliminating busywork (Sponsor)

Streamline and secure identity, access,= devices, and hardware inventory all from one platform. See= why 6,000+ IT and security teams use Rippling
Apple lays off employees wo= rking on Books and News (1 minute read)

Apple is cutting 100 jobs in its digita= l services teams - laid off employees have 60 days to find another job in t= he company.
Meta Reportedly Plans Ultra= light Headset With Tethered Puck For 2027 (3 minute read)

Codenamed 'Puffin', the headset will ac= hieve its remarkably light weight by offloading both the battery and comput= ing hardware to an external tethered puck small enough to fit in users' poc= kets.
Midjourney says it's =E2=80= =98getting into hardware' (2 minute read)

Midjourney's hardware efforts may be re= lated to its AI models for video and 3D generation.
What is it to solve the ali= gnment problem? (2 hour read)

Solving the alignment problem means avo= iding a bad form of AI takeover while building the dangerous kinds of super= intelligent AI agents and gaining access to the main benefits of superintel= ligence from those agents.
Ask HN: Did you regret stay= ing at a job for too long? (Hacker News Thread)

Some engineers are worried that staying= in one job too long might restrict their growth, but there are ways around= that.
OpenAI's Converge 2 program= has been shrouded in mystery (4 minute read)

Sources confirm that OpenAI's Converge = 2 startup accelerator program did indeed take place, but the details about = what happened inside the program are scarce.

Congrats to Sam BC for referring 5 friends to TLDR. Thanks for helping us spread the word= ! =F0=9F=99=8F

Love TLDR? Tell your friends and get rewards!

Share your referral link below with friends to get free TLDR swag!
https://refer.tldr.tech/1fd848fa/
Track your referrals here.

Want to advertise in TLDR? =F0=9F=93=B0

If your company is interested in reaching an audience of tech executives, d= ecision-makers and engineers, you may want to advertise with us.

If you have any comments or feedback, just respond to this email!

Thanks for reading,
Dan Ni & Stephen Flanders


If you don't want to receive fu= ture editions of TLDR, please unsubscribe = from TLDR or manage all of your TLDR newsletter subscriptions<= /a>.
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