Apple backs out of backing OpenAI, report claims
arstechnica.com
Apple dropped out of the $6.5 billion investment round at the 11th hour.
  • Toto@lemmy.world
    56·
    6 hours ago

    This will definitely cause pause amongst the non-cost sunk companies. They will be wondering what Apple knows.

    IMO this signals the lack of clear ROI versus maintenance costs. Silicone Valley is used to funding huge projects like Amazon which took years to choke out the competition and make money. But AI is a new market which is more interesting to investors than people who didn’t want it in their mouse.

      • floofloof@lemmy.caEnglish
        231·
        5 hours ago

        You know what they meant by the first one. The second one is about people not being interested in dumb products like the Logitech AI mouse. Corporations are all jamming AI into their products and marketing materials not because users like it (they don’t) but because they hope it will attract investors. So AI is more interesting to investors than to people who don’t want it in their mouse.

        • dohpaz42@lemmy.worldEnglish
          9·
          5 hours ago

          …the Logitech AI mouse.

          That should be false advertising; both to consumers and investors. There is nothing AI about a dedicated button preprogrammed to launch an application that does the AI for you.

          But I guess that further demonstrates your point about companies cramming shit in consumer’s faces to appease investors. It’s still a huge WTF in my book though.

    • drdiddlybadger@pawb.social
      121·
      6 hours ago

      Not only is AI a new market but it’s the only market where someone with way less investment can leapfrog the shit out of you and that group can just release shit for free just to stab you in the dick after billions of investment. Open AI only has a hope if it can get massive state level contracts to fund it, likely by offering some type of surveillance service which they aren’t even specced for but models like these are great at. Just all round bad investment decision to buy into them unless you know what they’re planning.

      • Ghostalmedia@lemmy.worldEnglish
        1·
        31 minutes ago

        As someone who works in data privacy, I don’t think the DS crazy ever died down. It’s bigger and more complex than ever. People just got tired of saying “big data” at Silicon Valley bars.

    • 100@fedia.io
      3·
      5 hours ago

      the current tech is really unsustainable with its cost to usefulness ratio

      needs a lot of optimisation to make it work and less “brute forcing” the models

  • xantoxis@lemmy.worldEnglish
    31·
    6 hours ago

    I don’t care for a lot of what Apple does, but there’s no denying they understand how to make money–and how to avoid losing it.

  • sunzu2@thebrainbin.org
    111·
    6 hours ago

    Too late to the grift…

    Why even collab with that clown, when apply has money to hire talent and buy NVIDIA cards to do the job…

    • narc0tic_bird@lemm.ee
      8·
      5 hours ago

      They can and they are making their own chip designs to do the job.

      The cloud part of Apple Intelligence runs on their own designed hardware.

      • sunzu2@thebrainbin.org
        15·
        5 hours ago

        learn something new everyday… well apple better tuck that dick and buy these GPUs then it seems, i doubt their own design can compete tbh… .if it did, nvidia would not be running a train on the global GPU market.

        • thejml@lemm.eeEnglish
          21·
          4 hours ago

          Considering how long Apple has been putting neural cores in all their chips, and the speed at which their in house chips have outpaced competitors (like the M series for example), I feel like not only will Apple beat nvidia at this, Apple will do so by a decent amount.

          That said, nvidia will continue to sell world wide in this market as Apple will keep their chips in only their own hardware, so if you’re not running a Mac/IOS device, you’ll be using nvidia chips.

          Either way, even if Apple just keeps up, competition is still best for everyone, so I welcome this development.