📫 AI in the news today: Struggling AI startups, Figure 0... | 📫 AI in the news today: Struggling AI startups, Figure 0...
📫 AI in the news today: Struggling AI startups, Figure 0 robot, chipmakers

- OpenAI Co-Founders Schulman and Brockman Step Back
https://finance.yahoo.com/news/openai-co-founders-schulman-brockman-010542796.html

- Struggling AI Startups Look for a Bailout from Big Tech
"More exits—either pseudo-acquisitions or real ones—are coming, investors say, as a bubble built by the excitement around generative AI is showing signs of peaking."
https://www.wsj.com/tech/ai/struggling-ai-startups-look-for-a-bailout-from-big-tech-3e635927?mod=rss_Technology

- Did Google Just Pay $2.5 Billion to Hire Character's CEO?
https://www.theinformation.com/articles/did-google-just-pay-2-5-billion-to-hire-characters-ceo

- Figure’s new humanoid robot leverages OpenAI for natural speech conversations
Figure has unveiled its latest humanoid robot, the Figure 02.
The most notable addition this time out arrives by way a longstanding partnership with OpenAI, which helped Figure raise a $675 million Series B back in February, valuing the South Bay firm at $2.6 billion.
https://techcrunch.com/2024/08/06/figures-new-humanoid-robot-leverages-openai-for-natural-speech-conversations/

- World’s Five Leading Chipmakers Have Now Promised U.S. Investment
The Biden administration award up to $450 million in grants to a South Korean chipmaker, SK Hynix, to help build its new chip facility in Indiana
The US now has commitments from all five of the world’s leading-edge semiconductor manufacturers to construct chip plants in theUS with financial assistance from the administration
https://www.nytimes.com/2024/08/06/business/economy/chipmakers-promise-investment.html OpenAI Co-Founders Schulman and Brockman Step Back