- Rapid Rundown
- Posts
- š§ OpenAI CEO says ChatGPT is their Last
š§ OpenAI CEO says ChatGPT is their Last
Plus: š Former Meta CTO new $50 Million Project, š Kids' Data Mishandling: Microsoft's $20M Fine
š§ 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 wonāt 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 peopleās fears about AI and to hear from developers and users of OpenAIās products. During a stop in London, he met with a small group of developers and startup founders and gave them a sneak peek at OpenAIās plans.
Developers have been worried that OpenAI might release its own competing products. But now the AI giant wants to reassure its customers that itās not coming to eat their lunch. āSam said that OpenAI would not release more products beyond ChatGPT,ā Habib wrote in his blog post.
Rapid Rundown
š OpenAI's CEO, Sam Altman, said they won't launch any more consumer-facing products like ChatGPT.
š Altman has been meeting developers worldwide to address concerns and assure them that OpenAI won't compete with their products.
š Mike Schroepfer Takes on Climate Change with a Unique Ocean-Based Carbon Removal Project
Mike Schroepfer, Metaās former CTO, is making a splash with his new $50 million project: ocean-based carbon removal! Heās 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, Schroepferās 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 letās raise a glass (of seawater) to Mike and his team for their efforts to save our planet!
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š Mike Schroepferās new $50 million project: ocean-based carbon removal through ocean alkalinity enhancement.
š¬ Adding alkaline substances to seawater helps create carbonates, reducing carbon dioxide levels and tackling climate change.
š» Microsoft Fined $20 Million for Improperly Storing Childrenās 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 Childrenās Online Privacy Protection Act by storing personal data, such as names and profile pictures, of children who didnāt 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 wasnāt deleted due to a ādata retention glitchā and that Microsoft leaders ābelieve that we can and should do moreā to protect user privacy. Microsoft will implement new policies to notify parents about how childrenās 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
š° FTC fines Microsoft $20M for storing children's personal data.
š» Microsoft violated COPPA by keeping incomplete Xbox account data; similar to Epic Games' $520M settlement.