Hi, AI Futurists!

NVIDIA has surged to become the world's largest company, with a valuation over $3.2 trillion. This rise is driven by the booming AI market, growing at 40% annually. NVIDIA, dominating with an 80% market share in AI chips, gained $1 trillion in value in just six months, a figure matching the world's largest company valuation a few years ago.

The competition among Apple, Microsoft, and NVIDIA to be the biggest is fierce, dependent on AI success. Apple introduced Apple Intelligence through its ChatGPT integration, while Microsoft owns 49% of OpenAI, which uses NVIDIA AI chips. This interdependency highlights the collaborative yet competitive AI innovation race.

NVIDIA's daily valuation changes often match the market caps of companies like Mercedes at $95 billion, IBM at $160 billion, or Intel at $130 billion. This vast interest in AI signifies the beginning of the AI age. Long-term investments in these AI companies and others, with due diligence, promise returns far exceeding the S&P 500.

Without further ado, let’s get started.

TODAY ON BIG AI IDEA

• Rival Forces Challenge OpenAI: X AI, Anthropic, and SSI

• Ilya Sutskever, Former Chief AI Scientist of OpenAI, Founds Safe Superintelligence Inc., SSI, to Build Humane AI

• From OpenAI to Ethical Superaligned AI Titans: How OpenAI Sparked the Safe AI Era

Rival Forces Challenge OpenAI: X AI, Anthropic, and SSI

OpenAI was founded after a conversation between Elon Musk and Larry Page. Musk was concerned that Page's vision for AI would be closed source and lacked proper safety measures. 

Despite its initial commitment to open-source principles and safety, OpenAI shifted to a closed-source, for-profit model after Musk's departure. This shift sparked the creation of new companies dedicated to building safe AI, all tracing their roots back to OpenAI's original mission.

Elon Musk, driven by his initial concerns about AI safety and transparency, founded X AI. His goal is to develop AI that aligns with human values while remaining open and secure. Musk's venture, which has received $1 billion in initial funding, seeks to ensure that AI development remains accessible and that safety protocols are integral from the outset, countering what he perceives as OpenAI's deviation from its founding ideals.

Anthropic was established by former OpenAI employees, including Dario Amodei, Daniela Amodei, and others, who shared a vision for safe AI. With $580 million in funding, the founders were motivated by a desire to prioritize ethical AI development and address the potential risks associated with advanced AI systems. Anthropic focuses on research and methodologies that ensure AI benefits humanity without compromising safety.

Ilya Sutskever, a co-founder of OpenAI, launched Safe Superintelligence Inc. (SSI) as his latest venture in the AI field. SSI aims to develop superintelligent AI with an emphasis on safety and ethical considerations. Sutskever's lab is dedicated to pushing the boundaries of AI capabilities while ensuring that these advancements do not pose risks to society, reflecting his commitment to creating responsible AI.

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