AI is a world-defining category alongside the microprocessor, the steam engine, and electricity. Every one of them required an entirely new physical world to be built. We raised $1.1B to build this one.
For my first post, I’m sharing a letter @NVIDIA signed on why open models matter.
AI will transform every industry, power every company, and be built by every country.
Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty.
The world needs both frontier closed models and frontier open models.
https://t.co/AUKzoQ5Ikb
What role does open source play in the innovation ecosystem? Venture capitalist @pmarca says, “Every new software project starts with open source. Without open source, startups would die and academic computer science would not exist.” @drfeifei#HAIatFive Watch the fireside chat: https://t.co/j7uu8zGhQI
Last night, Jensen Huang of NVIDIA gave his very first live keynote in 4-years.
The most show-stopping moment from the event was when he showed off the real-time AI in video games. A human speaks, the NPC responds, in real time and the dialogue was generated with AI on the fly.
We’re taking NFTs to the next level. Exclusive to CryptoPunks holders, NFTiff transforms your NFT into a bespoke pendant handcrafted by Tiffany & Co. artisans. You’ll also receive an additional NFT version of the pendant. Learn more: https://t.co/FJwCAxw8TN #NFTiff#TiffanyAndCo
In Q2 2022, #Bitcoin mining efficiency surged 46% YoY, and sustainable power mix reached 59.5%, above 50% for the 5th quarter in a row. The network was 137% more secure YoY, only using 63% more energy. It is hard to find an industry more clean & efficient.
https://t.co/gqYn8qew9R
Chart that got @BlackRock excited about partnership with @coinbase!
No bigger a macro opportunity for BLK than acting to facilitate #Bitcoin adoption.
5% shift in BLK assets is $500b...greater than #BTC value today.
Catalyst for path to 250k+ post btc halving becoming clear.
This is a big deal. BlackRock has over $10 trillion under management, this partnership will enable access to #Bitcoin for some of the largest institutional investors in the world.
3/Genesis can confirm that we carefully and thoughtfully mitigated our losses with a large counterparty who failed to meet a margin call to us earlier this week. No client funds are impacted. We sold and/or hedged all of the liquid collateral on hand to minimize any downside.
Just released: The spring issue of Dædalus titled AI & Society features Erik Brynjolfsson's article "The Turing Trap: The Promise & Peril of Human-Like Artificial Intelligence."
Read it now: https://t.co/8uf2vyrQYU
@erikbryn@americanacad
In Q1 2022, #bitcoin mining efficiency surged 63% YoY, while sustainable energy mix was 58%, remaining above 50% for the 4th quarter in a row. The network was 23% more secure YoY using 25% less energy. It is hard to find an industry more clean & efficient.
https://t.co/pmbtpl785N
While not investment advice, this is my opinion as a fund manager on the ESG case for Bitcoin after 2 months due diligence.
If you’re a manager of fund where #bitcoin is an investment candidate: failure to consider #BTC in the mix is gross negligence to your ESG obligations