šŸ§  OpenAI CEO says ChatGPT is their Last

Plus: šŸŒŠ Former Meta CTO new $50 Million Project, šŸ“ Kids' Data Mishandling: Microsoft's $20M Fine

šŸ§  Sam Altman's Promise to Developers: OpenAI Will Not Launch Competing Products

Sam Altman, the brainy CEO of OpenAI, has some good news for software developers: OpenAI wonā€™t be releasing any more consumer-facing products like ChatGPT. This was revealed in a now-deleted blog post by a startup founder who attended a private meeting with Altman.

Altman has been traveling the world to calm peopleā€™s fears about AI and to hear from developers and users of OpenAIā€™s products. During a stop in London, he met with a small group of developers and startup founders and gave them a sneak peek at OpenAIā€™s plans.

Developers have been worried that OpenAI might release its own competing products. But now the AI giant wants to reassure its customers that itā€™s not coming to eat their lunch. ā€œSam said that OpenAI would not release more products beyond ChatGPT,ā€ Habib wrote in his blog post.

Rapid Rundown

  • šŸš€ OpenAI's CEO, Sam Altman, said they won't launch any more consumer-facing products like ChatGPT.

  • šŸŒ Altman has been meeting developers worldwide to address concerns and assure them that OpenAI won't compete with their products.

šŸŒŠ Mike Schroepfer Takes on Climate Change with a Unique Ocean-Based Carbon Removal Project

Mike Schroepfer, Metaā€™s former CTO, is making a splash with his new $50 million project: ocean-based carbon removal! Heā€™s diving into the depths of the ocean to tackle climate change in a unique way. How? By removing carbon dioxide through a process called ocean alkalinity enhancement.

This process involves adding alkaline substances like olivine, basalt, or lime to seawater. These substances team up with the dissolved inorganic carbon dioxide in the water and form bicarbonates and carbonates. And these little chemical buddies can stick around in the ocean for tens of thousands of years! As the carbon dioxide-depleted waters rise to the surface, they can snatch up more carbon dioxide from the air, creating a balance in the carbon levels.

While it might be challenging to scale such projects, Schroepferā€™s Carbon to Sea Initiative is set to make waves in the world of carbon removal with $50 million backing this initiative over the next five years. So letā€™s raise a glass (of seawater) to Mike and his team for their efforts to save our planet!

Rapid Rundown

  • šŸŒŠ Mike Schroepferā€™s new $50 million project: ocean-based carbon removal through ocean alkalinity enhancement.

  • šŸ”¬ Adding alkaline substances to seawater helps create carbonates, reducing carbon dioxide levels and tackling climate change.

šŸ’» Microsoft Fined $20 Million for Improperly Storing Childrenā€™s Data on Xbox

Microsoft has been slapped with a $20 million fine by the FTC for improperly storing personal information from children who signed up for Xbox accounts. The FTC charged Microsoft with breaking the Childrenā€™s Online Privacy Protection Act by storing personal data, such as names and profile pictures, of children who didnā€™t finish the signup process. Microsoft held onto that personal data for years in violation of the law.

In a statement, Microsoft CVP of Xbox player services Dave McCarthy said the personal data wasnā€™t deleted due to a ā€œdata retention glitchā€ and that Microsoft leaders ā€œbelieve that we can and should do moreā€ to protect user privacy. Microsoft will implement new policies to notify parents about how childrenā€™s data is stored and about parental controls on Xbox.

The settlement is the latest example of the FTC hitting gaming companies with hefty fines for failing to comply with COPPA. Epic Games, the game studio behind Fortnite, paid a $520 million settlement in December for a similar data privacy violation.

Rapid Rundown

  • šŸ’° FTC fines Microsoft $20M for storing children's personal data.

  • šŸ’» Microsoft violated COPPA by keeping incomplete Xbox account data; similar to Epic Games' $520M settlement.

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