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NEW RESOURCES EdSource: New Stanford database tracks learning loss, gain in California and districts nationwide. "A unique database that enables people to compare standardized test scores among nearly all districts and states […]
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Elon Musk launched a $97.4 billion bid to take control of OpenAI. The Wall Street Journal reported a group of investors led by Musk's xAI submitted an unsolicited offer to the company's board of directors on Monday. The group wants to buy the nonprofit that controls OpenAI's for-profit arm.
When asked for comment, an OpenAI spokesperson pointed Engadget to an X post from CEO Sam Altman. "No thank you but we will buy twitter for $9.74 billion if you want," Altman wrote on the social media platform Musk owns.
On Friday, OpenAI's board of directors officially rejected Musk's bid. "OpenAI is not for sale, and the board has unanimously rejected Mr. Musk's latest attempt to disrupt his competition," the company said in a response attributed to Bret Taylor, the chair of OpenAI's board of directors.
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The chip is being developed by a team of 40 OpenAI employees in collaboration with Broadcom. The project is being led by Richard Ho, OpenAI's new head of hardware, who previously worked on solutions for Google's infrastructure and cloud services.
According to Reuters, OpenAI's chip will be able to both train and run AI models, but initially it'll be used mainly for inference (running AI models) and to a limited extent within the company's infrastructure.
Demand for Nvidia's AI chips remains extremely high right now, with companies like OpenAI, Microsoft, Meta, and Google investing billions in AI data centers. But developing AI chips that can compete with Nvidia's own will be a challenge.
According to Reuters, OpenAI may need to invest $500 million to develop the first version of its 3nm chip, and the cost could potentially double as software and peripherals are developed.
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