AI Daily: Robinhood under pressure as OpenAI says tokens aren't equity
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TOKENS NOT EQUITY: Shares of Robinhood (HOOD) were under pressure after Microsoft (MSFT)-backed OpenAI said its tokens aren't equity. In a post on X, OpenAINewsroom stated, 'These 'OpenAI tokens' are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval-we did not approve any transfer.'
RECRUITMENT: Meta's (META) multimillion-dollar budget for recruiting top AI talent does not guarantee success, Saritha Rai and Haslinda Amin of Bloomberg reports, citing comments made by Helen Toner, a former OpenAI board member. The poaching of AI researcher from companies such as Microsoft-backed (MSFT) OpenAI and the debut of Meta's new Superintelligence group comes after the company developed a reputation for 'having a dysfunctional team,' Toner said in an interview.
FIRST DEPLOYMENT: CoreWeave (CRWV) said in a blog post, 'At CoreWeave, we don't follow a traditional roadmap for building AI infrastructure. We're pioneering AI infrastructure while engineering faster and smarter. Building on our legacy as the first AI cloud provider to provide access to the NVIDIA (NVDA) HGX H100 system, NVIDIA H200, and NVIDIA GB200 NVL72, we continue to accelerate the pace of AI innovation with an industry-first bring-up of NVIDIA's latest cutting-edge platform, NVIDIA GB300 NVL72, which is housed within Dell 's (DELL) integrated rack scale system. The NVIDIA GB300 NVL72 represents a significant leap in performance for AI reasoning workloads, delivering up to a 10x boost in user responsiveness and a 5x improvement in throughput per watt compared to the previous generation NVIDIA Hopper architecture. That translates into a staggering 50x increase in output for reasoning model inference, empowering you to develop and deploy larger, more complex AI models that are exponentially faster than ever before… This first deployment of the NVIDIA GB300 NVL72 on CoreWeave's cloud is just the beginning of a much bigger story. As AI models continue to rapidly grow in size and complexity, the need for purpose-built AI infrastructure will only continue to grow at the same pace. We are excited to drive this transformation, empowering the planet's leading AI labs and enterprises to continuously push the boundaries of what's possible.'
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