TECWINDS PODCAST -04

OpenAI and Microsoft: A Billion-Dollar Partnership Shaping the Future of AI

Brought you by Chan from COLOMBO

The US Treasury has designated Silicon Valley Bank and Signature Bank as posing systemic risks, allowing them to unwind and fully protect all depositors, while shareholders and some unsecured creditors will lose their investments. The Federal Reserve has also announced a new Bank Term Funding Program to support financial institutions affected by SVB's collapse. Apple is launching its mixed-reality headset, with sales anticipated to be around one million in the first year. Scientists have successfully mapped every neuron and connection within the brain of a fruit fly larva, which could have significant implications for understanding the human brain. Elon Musk plans to build a new town for his employees in Texas. Finally, ChatGPT's release has sparked renewed curiosity in generative AI, but concerns about the ethical implications of language models need to be considered as these technologies continue to advance.