Artificial intelligence technology behind ChatGPT was built in Iowa - with a lot of water | AI Research Lab Imbue Nabs $200 Million For Speculative Bet To Build AI 'Agents' | Countries That Welcome Americans With Open Arms

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You Might Like � � � You Might Like � � � � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium Artificial intelligence technology behind ChatGPT was built in Iowa - with a lot of water - AP News    DES MOINES, Iowa (AP) — The cost of building an artificial intelligence product like ChatGPT can be hard to measure. But one thing Microsoft-backed OpenAI needed for its technology was plenty of water, pulled from the watershed of the Raccoon and Des Moines rivers in central Iowa to cool a powerful supercomputer as it helped teach its AI systems how to mimic human writing. As they race to capitalize on a craze for generative AI, leading tech developers including Microsoft, OpenAI and Google have acknowledged that growing demand for their AI tools carries hefty costs, from expensive semiconductors to an increase in water consumption. Continued here AI Research Lab Imbue Nabs $200 Million For Speculative Bet To Build AI 'Agents' - Forbes    It was at a San Francisco party hosted by Greg Brockman nearly a decade ago — around the time the Stripe CTO would leave to co-found an AI research lab called OpenAI — that entrepreneurs Kanjun Qiu and Josh Albrecht met a crypto mogul named Jed McCaleb. As Qiu and Albrecht launched two now-defunct startups, and McCaleb became a regular at The Archive, their group house for founders and AI researchers near Dolores Park, they talked periodically about launching their own AI lab. Several of their housemates had joined Brockman and Sam Altman's OpenAI project. Still, it felt too early, "a little too crazy," to just walk away from what they'd built, Qiu said. But when their second startup, Sourceress, stopped growing fast enough, they reconsidered. And when the duo raised $20 million for a new AI research company, Generally Intelligent, last year, McCaleb wrote the biggest check. Now, Qiu and Albrecht are doubling down on their lab under a new name, Imbue — and this time, McCaleb, a billionaire after cofounding crypto startup Ripple, is writing an even bigger check. Imbue has announced that the Astera Institute, his nonprofit dedicated to backing science and tech projects, is leading a $200 million Series B funding round in the startup. The all-cash round, which includes AI chipmaking heavyweight Nvidia, Cruise cofounder Kyle Vogt and Notion cofounder Simon Last, values Imbue at more than $1 billion, making the company one of the only woman-led AI research unicorns. Continued here Countries That Welcome Americans With Open Arms - Forbes    Summer 2023 has been the season of international travel for Americans, who have touched down in Europe and the Pacific in record numbers. American arrivals in Europe are expected to surpass last year's numbers by 55%, and the season isn't over yet. The top places U.S. travelers are visiting are London, Paris, Rome, and Dublin, according to travel booking app Hopper. American, Delta, and United reported double- and triple-digit increases in passenger revenue and miles traveled by passengers on trans-Atlantic and trans-Pacific routes in the first and second quarters of this year. Continued here

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