Hi there, this is your daily ☕️ Techpresso.

In today's Techpresso:

🤖 OpenAI to finalize first custom chip design this year

🤔 Sam Altman admits that AI's benefits may not be widely distributed

💸 France unveils $112B AI investment

👓 Apple's AR glasses plans continue quietly

📡 T-Mobile offers Starlink satellite texting feature for free until July

🎁 + 6 other news you might like

🔮 + 3 handpicked research papers and tools

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• OpenAI is finalizing the design of its first custom AI chip and plans to send it to Taiwan Semiconductor Manufacturing Co (TSMC) for production, aiming for mass production by 2026.
• This strategic move intends to reduce OpenAI's reliance on Nvidia and enhance its bargaining power with other chip suppliers, with plans for more advanced processors in the future.
• The chip will utilize TSMC's 3-nanometer process, featuring a systolic array architecture and high-bandwidth memory, and is expected to initially support OpenAI's internal AI model operations.

• Sam Altman, CEO of OpenAI, acknowledged that AI's advantages might not be evenly distributed and suggested concepts like a "compute budget" to ensure widespread access to AI technology.
• Altman expressed concerns about AI's impact on the labor market, noting that mass unemployment could occur without appropriate governmental policies and reskilling programs in place.
• He also mentioned that while AGI could solve complex problems across various fields, its development would require significant financial investment, though user access to advanced AI systems is expected to become more affordable over time.

• France plans to invest €109 billion in its artificial intelligence sector, with contributions from international investors and local companies, announced by President Emmanuel Macron ahead of the global AI summit.
• The investment includes significant contributions from the United Arab Emirates, which plans to build a one-gigawatt AI data center in France, and firms like Iliad and Orange are also participating.
• Industry leaders and policymakers, including EU President Ursula von der Leyen and Google CEO Sundar Pichai, are attending the AI Action Summit in Paris to discuss AI growth and strategic influence.

• Apple has reportedly paused plans for Mac-connected augmented reality glasses but is still committed to developing standalone AR glasses in the future.
• The company is focusing on advancing essential technologies such as displays and chips to support the creation of a self-contained AR device.
• Unlike the Vision Pro headset, the anticipated AR glasses are expected to resemble traditional eyewear, similar to models like the Xreal One.

• T-Mobile offers a Starlink satellite texting feature in beta, allowing coverage in areas without cell towers, available to users with compatible iPhones or Android devices.
• The service is free until July for beta testers, with limited availability, and will later be included in T-Mobile's premium plans or available for a monthly fee for other users.
• T-Mobile and SpaceX announced their partnership in 2023, enabling texting via Starlink satellites on recent mobile phone models, with voice and data support planned for the future.

Other news & articles you might like

• Google DeepMind's CEO said DeepSeek is 'impressive' but nothing new LINK

• DeepSeek will be banned in the US, believes ARM CEO LINK

• Discord now lets you quietly block people LINK

• Volkswagen unveils $20,000 entry-level EV to take on Chinese competitors LINK

• Snap CEO Evan Spiegel takes a dig at Meta's history of copying Snapchat LINK

• Microsoft Teams is becoming more like Facebook LINK

Latest research and tools

1 Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.

2 The rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.

3 A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+.

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