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šŸ¤–šŸ”„ OpenAI's $4B Gamble, NVIDIA's TITAN Reveal, and Musk's $5B Legal Battle

Welcome back! This is The AI Takeover, read this daily so you donā€™t get left behind by AI! In todays newsletter:

- šŸšØ šŸ’ø OpenAIā€™s $4B Spend: ChatGPTā€™s Costly Future!
- šŸšØ šŸ–„ļø NVIDIAā€™s TITAN AI Card: Game-Changer or Hype?
- šŸšØ āš ļø Muskā€™s $5B xAI Investment Sparks Lawsuit!

NEWS
šŸ’ø OpenAIā€™s $4B Spend: ChatGPTā€™s Costly Future!

OpenAI anticipated spending about $4 billion on Microsoft's Azure servers for ChatGPT inference in 2023, which could lead to significant financial losses. While OpenAI is generating around $2 billion annually from ChatGPT, it may need extra funding within a year to cover a projected $5 billion shortfall. The organization currently uses 350,000 Nvidia A100 chip servers, primarily for ChatGPT, benefiting from discounted rates with Azure.
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NEWS
šŸ–„ļø NVIDIAā€™s TITAN AI Card: Game-Changer or Hype?

Rumors indicate that NVIDIA might unveil a new TITAN AI graphics card featuring the Blackwell GPU. Despite NVIDIA's previous choice not to release a Titan variant for the RTX 40 series, tech leakers suggest this high-performance card could be in the works. It may be up to 63% faster than the RTX 4090. However, the release and practical benefits of such a GPU remain unclear, as the RTX 4090 already holds a dominant position in the market.
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NEWS
āš ļø Muskā€™s $5B xAI Investment Sparks Lawsuit!

Elon Musk plans to discuss a $5 billion investment by Tesla in his AI company, xAI. Despite claiming Tesla is an AI company, Musk started xAI due to recruitment challenges. He and Tesla's board face a lawsuit for breach of fiduciary duty, including allegations of misallocating resources and threatening Teslaā€™s AI projects. Shareholders seek damages and the transfer of Muskā€™s xAI shares to Tesla.
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