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OpenAI CEO Sam Altman Says AI Won’t Desstroy Job Market, Seeks to Calm Fears of AI Growth on Global Tour

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Last year, OpenAI revealed ChatGPT, an AI chatbot capable of churning out essays, poems and entire conversations based on a prompt containing a few words.
By Agence France-Presse | Updated: 27 May 2023

The boss of OpenAI, the firm behind the massively popular ChatGPT bot, said on Friday that his firm’s technology would not destroy the job market as he sought to calm fears about the march of artificial intelligence (AI).

Sam Altman, on a global tour to charm national leaders and powerbrokers, said in Paris that AI would not — as some have warned — wipe out whole sectors of the workforce through automation.

“This idea that AI is going to progress to a point where humans don’t have any work to do or don’t have any purpose has never resonated with me,” he said.

Asked about the media industry, where several outlets already use AI to generate stories, Altman said ChatGPT should instead be like giving a journalist 100 assistants to help them research and come up with ideas.

ChatGPT burst into the spotlight late last year, demonstrating an ability to generate essays, poems and conversations from the briefest of prompts.

Microsoft later laid out billions of dollars to support OpenAI and now uses the firm’s technology in several of its products — sparking a race with Google, which has made a slew of similar announcements.

Altman, a 38-year-old emerging star of Silicon Valley, has received rapturous welcomes from leaders everywhere from Lagos to London.

Though earlier this week, he seemed to annoy the European Union by hinting that his firm could leave the bloc if they regulate too severely.

He insisted to a group of journalists on the sidelines of the Paris event that the headlines were not fair and he had no intention of leaving the bloc — rather, OpenAI was likely to open an office in Europe in the future.

Exhausting

The success of ChatGPT — which has been used by politicians to write speeches and proved itself capable of passing tough exams — has thrust Altman into a global spotlight.

“Years from now, reflecting on this will feel very special… but it is also quite exhausting and I hope life calms down,” he said.

OpenAI was formed in 2015 with investors including Altman and billionaire Twitter owner Elon Musk, who left the firm in 2018 and has repeatedly bashed it in recent months.

Musk, who has his own AI ambitions, said he came up with the name OpenAI, invested $100 million in it, was betrayed when the company turned itself from non-profit to profit-making in 2018, and has said Microsoft now effectively runs the company.

“I disagree with almost all of that, but I will try to avoid a food fight here,” said Altman. “There’s got to be more important things than whatever he’s going on about.”

Instead, he wanted to focus on the mission of OpenAI, which he said was to “maximise the benefits” to society of AI and particularly Artificial General Intelligence (AGI) — the much-vaunted future where machines will master all sorts of tasks, not just one.

He conceded that definitions of AGI were “fuzzy” and there was no agreement, but said his definition was when machines could make major scientific breakthroughs.

“For me, if you can go figure out the fundamental theory of physics and answer it all, I’ll call you AGI,” he said.

A major criticism of his products is that the firm does not publish the sources it uses to train its models.

As well as copyright issues, critics argue that users should know who is responsible for answering their questions, and if those replies used material from offensive or racist webpages.

But Altman argued the bottom line was that critics wanted to know whether the models themselves were racist.

“How it does on a racial bias test is what matters there,” he said, deflecting the idea that he should publish the sources.

He said the latest model, GPT-4, was “surprisingly non-biased”.

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Apple’s App Store Missing From List Mobile Storefronts Submitting Filings to China’s CAC Under New Rules

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A total of 26 app stores operated by companies including Tencent, Huawei, Baidu, Xiaomi and Samsung have submitted filings to the authority.
By Reuters | Updated: 27 September 2023

China’s cyberspace regulator released on Wednesday names of the first batch of mobile app stores that have completed filing business details to regulators, signalling it has begun to enforce new rules that expand its oversight of mobile apps.

A total of 26 app stores operated by companies including Tencent, Huawei, Ant Group, Baidu, Xiaomi and Samsung have submitted filings to the authority, according to the Cyberspace Administration of China (CAC).

Apple’s App Store is not among the app stores on the list. Apple did not immediately respond to Reuters’ request for comment.

China’s cyberspace regulator released on Wednesday names of the first batch of mobile app stores that have completed filing business details to regulators, signalling it has begun to enforce new rules that expand its oversight of mobile apps.

A total of 26 app stores operated by companies including Tencent, Huawei, Ant Group, Baidu, Xiaomi and Samsung have submitted filings to the authority, according to the Cyberspace Administration of China (CAC).

Apple’s App Store is not among the app stores on the list. Apple did not immediately respond to Reuters’ request for comment.

In August this year, the Ministry of Industry and Information Technology published another notice requiring mobile apps to complete filing by the end of March.

Earlier this month, Reuters reported that app stores operated by companies including Tencent and Huawei have started demanding apps on their app stores comply with the new rules.

Apple has not disclosed how its app store in China will comply with Beijing’s new rules. Experts said Apple’s compliance could lead to tens of thousands of apps being removed from Apple’s App Store in China.


© Thomson Reuters 2023

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Chipmaker ASML to set up base in Japan’s Hokkaido to support new Rapidus plant

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Chipmaker ASML to set up base in Japan's Hokkaido to support new Rapidus plant
By Reuters | Updated: 26 September 2023

TOKYO, Sept 26 (Reuters) – Dutch semiconductor equipment maker ASML (ASML.AS) plans to set up a base in Japan’s northern island of Hokkaido to support production at a chip plant for Japanese startup Rapidus, the company said on Tuesday.

An ASML spokesperson said the company will have a customer support team for Rapidus, but could not immediately confirm staff numbers. Nikkei, which first reported the news, said that 50 ASML engineers will install an ASML “EUV” machine on a prototype line in Chitose City, Hokkaido.

“We always have engineers that support our systems in our customers’ fabs,” the ASML spokesperson said, referring to customers’ factories.

Rapidus, which broke ground on its plant in Chitose City on Sept. 1, is receiving billions of yen in funding from the Japanese government as it seeks to break into the market for manufacturing custom-made, leading-edge microchips.

Rapidus is aiming to manufacture chips at the 2 nanometre process node, which will require using ASML’s most advanced EUV, or extreme ultraviolet, lithography tools to help create the circuitry of chips.

TSMC, Samsung, Intel and memory chip specialists SK Hynix and Micron currently manufacture using ASML’s EUV tools.

The Nikkei report said ASML is also expanding its existing support base for TSMC, which is building a major plant in Kumamoto in Japan.

© Thomson Reuters 2023

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Israeli tech firms raised $1.7 bln in Q3 in sign of stabilisation -report

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Israeli tech firms raised $1.7 bln in Q3 in sign of stabilisation -report
By Reuters | Updated: 26 September 2023

JERUSALEM, Sept 26 (Reuters) – Israeli high-tech firms raised $1.7 billion in the third quarter, preliminary data showed on Tuesday, in a sign that investment in startups is stabilising.

The amount raised in the third quarter was down 38% over the same period in 2022 but only 14% lower from the second quarter, the IVC Research Center and LeumiTech said in a report.

It noted that full quarterly data will be issued in October.

Israeli tech companies have raised $5.3 billion so far this year, with $1.9 billion coming in the second quarter. In all of 2022, tech firms raised nearly $16 billion, mainly in the first half before the global economic slowdown, higher interest rates and weak stock markets hit.

The Israeli government’s plan to overhaul the country’s judiciary has also harmed fundraising, with many investors wary and vocal about the country’s democratic health.

“We continue to see in the third quarter data the first signs of stabilisation in the amount and scope of fundraising, data that bring us back to the levels of 2018-19,” said LeumiTech CEO Maya Eisen Zafrir.

“In addition, we recognise a stabilisation in the rate of follow-on investments, an indication that the companies are beginning to adjust their value to the new interest rate environment.”

© Thomson Reuters 2023

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Mexico eyes US energy exports from solar farm, chip supply chain role

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By Reuters | Updated: 26 September 2023

TAIPEI, Sept 26 (Reuters) – Mexico’s northern state of Sonora wants to export clean energy to California and Arizona from a massive new solar farm project and play a role in the chip supply chain given TSMC’s (2330.TW) $40 billion investment in Arizona, Sonora’s governor said.

The first phase of the Puerto Penasco solar plant in the sprawling border state, which boasts some of the highest temperatures in the country, was inaugurated in February as part of Mexican President Andres Manuel Lopez Obrador’s flagship solar push, which officials have said could boast four additional plants.

During a visit to Taiwan, Sonora Governor Alfonso Durazo said the “Plan Sonora” solar energy project would not only help improve domestic connectivity to the national grid, but also to export to the United States.

“Not only Arizona, but also California. It’s part of its objective,” he told Reuters on Monday. “We want to convert our state into an exporter of clean energy, particularly for semiconductor and electric vehicle industries.”

Durazo said he would be meeting major Apple (AAPL.O) supplier Foxconn (2317.TW) while he was in Taipei to discuss possible investment in his state, though was not planning to meet TSMC.

Foxconn, which has made electric vehicles a major part of its future development strategy, has large operations in Mexico but no plants in Sonora.

“Our interest in Foxconn is in establishing semiconductor plants, and also, eventually, factories of some or all the stages of e-mobility,” added Durazo, who is only visiting Taiwan on this overseas trip.

Durazo said he would like a TSMC chip plant in his state, and that he would be visiting the Hsinchu Science Park, where the chipmaker does much of its manufacturing in Taiwan.

“Assuming as a natural complement of all these processes of relocation of investment in Arizona, we also see TSMC as an obvious option for Sonora state,” he said.

Foxconn and TSMC both declined to comment.

Sonora also boasts major lithium deposits, which Lopez Obrador formally nationalised in Mexico earlier this year.

Mexico has yet to begin production of the metal, which is a key component for EV batteries.

To facilitate production, Durazo underlined that private investors would be able to partner up with the incipient national lithium company LitioMx on the condition they established supply chains in Sonora.

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OpenAI’s ChatGPT will ‘see, hear and speak’ in major update

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OpenAI's ChatGPT will 'see, hear and speak' in major update
By Reuters | Updated: 26 September 2023

Sept 25 (Reuters) – OpenAI’s ChatGPT is getting a major update that will enable the viral chatbot to have voice conversations with users and interact using images, moving it closer to popular artificial intelligence (AI) assistants like Apple’s (AAPL.O) Siri.

The voice feature “opens doors to many creative and accessibility-focused applications”, OpenAI said in a blog post on Monday.

Similar AI services like Siri, Google (GOOGL.O) voice assistant and Amazon.com’s (AMZN.O) Alexa are integrated with the devices they run on and are often used to set alarms and reminders, and deliver information off the internet.

Since its debut last year, ChatGPT has been adopted by companies for a wide range of tasks from summarizing documents to writing computer code, setting off a race amongst Big Tech companies to launch their own offerings based on generative AI.

ChatGPT’s new voice feature can also narrate bedtime stories, settle debates at the dinner table, and speak out loud text input from users.

The technology behind it is being used by Spotify (SPOT.N) for the platform’s podcasters to translate their content in different languages, OpenAI said.

With images support, users can take pictures of things around them and ask the chatbot to “troubleshoot why your grill won’t start, explore the contents of your fridge to plan a meal, or analyze a complex graph for work-related data”.

Alphabet’s Google Lens is currently the popular choice to gain information on images.

The new ChatGPT features will be released for subscribers of its Plus and Enterprise plans over the next two weeks.

© Thomson Reuters 2023

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Recent disruptions at Apple facilities in India

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By Reuters | Updated: 25 September 2023

NEW DELHI, Sept 25 (Reuters) – Apple (AAPL.O) supplier Pegatron on Monday temporarily halted iPhone assembly at its Chennai facility in India’s Tamil Nadu state after a fire at the factory.

Apple has been eyeing a large manufacturing base in India since it began iPhone assembly in the country in 2017.

Apple products in India are currently manufactured through contracts with firms including Foxconn (2317.TW), Wistron Corp (3231.TW) and Pegatron Corp (4938.TW). It has a total of 14 suppliers with facilities in India.

Here’s a look at other incidents when operations were disrupted at Apple facilities in India:

February 2023: Foxlink, which manufactures iPhone chargers, suspended production at its assembly facility in Chittoor in the state of Andhra Pradesh after a fire caused part of the building to collapse.

December 2021: Operations at a plant belonging Foxconn in Tamil Nadu’s Chennai city were halted for more than three weeks after 250 workers fell sick, sparking protests. Apple later found facilities did not meet required standards.

December 2020: Workers at a Wistron plant in Karnataka state’s Narsapura destroyed property during protests over non-payment of wages, causing millions of dollars in losses and forcing the Taiwanese contract manufacturer to shut the plant for three months.

© Thomson Reuters 2023

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