Fast Snacks 🥡

OctoAI Comes In as Nvidia’s 5th 2024 Acquisition
Nvidia pays out $250 million to acquire OctoAI, a generative AI startup out of Seattle, strengthening its AI infrastructure dominance, allowing it to offer enterprises more flexible and hardware-agnostic generative AI solutions.

Sam Altman Shifts Gears, Pushing for Rapid AI
Sam Altman, CEO of OpenAI, is shifting from cautious AI development to pushing aggressively for rapid advancement, believing it’s necessary to compete globally, especially against countries like China.

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Claude AI Raising the Bar with their 200,000 Token Limit!

Claude AI’s latest version, Claude 3.5 Sonnet, is setting a new standard with their insane 200,000 token limit and prices up to 63% cheaper than competitors like OpenAI’s GPT-4 and Google’s Gemini.

With its impressive speed and ability to handle complex, data-heavy tasks, Claude is particularly appealing to industries like finance and research.

As businesses search for affordable and efficient AI solutions, Claude is becoming a fierce competitor, raising the bar for the other LLM offerings.

AI Coming for Your Job 🤖

Silicon Valley billionaire Vinod Khosla predicts that AI will replace most human jobs in the next 25 years, warning that up to 80% of jobs across many industries could be automated.

Khosla advocates for solutions like universal basic income (UBI) to address the impending job crisis and suggests that AI could usher in a shorter workweek, allowing people to focus on more fulfilling pursuits.

While many tech leaders agree with Khosla’s outlook, history shows that technological advancements don’t always reduce work hours, raising questions about how society will adapt to an AI-driven economy.

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Court orders Google to Let Rival App Stores In…

In a major ruling, Google must open its Android app store to third-party competitors for three years, giving them access to the full Google Play catalog.

As a result of Epic Games’ lawsuit, this decision allows rival stores to distribute their apps and sets new rules around payments, pricing, and revenue sharing.

Google plans to appeal the courts decision, but the changes could reshape the Android app marketplace by promoting more competition and breaking up Google’s alleged tech-opoly.

Everything Else You Need To Know 🚖

Tesla Robotaxi event: How to watch the reveal Thursday https://t.co/ugdPd4zMRb via @techcrunch #ROBOTHEME I would be looking for robotaxi plays this week as awareness comes as ROBOTAXI on 10.10 $TSLA $ARBE

— Beach Trades (@beach_trades) October 8, 2024

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