AI labs have found a new source of training data: the archives of startups that are shutting down. One founder winding down his crypto company made about $25,000 from its code base alone.
The International Monetary Fund warns that a correction in AI-specific assets could ripple through global financial stability. It also notes that the economic gains from AI may turn out smaller than expected.
Emmanuelle Filiberti, CEO of French legal publisher Lextenso, discusses its acquisition by German counterpart C.H.Beck, announced at the end of September. She says the deal will help Lextenso move faster on AI.
This column argues that companies now need to govern the running costs of AI, which come down to token consumption. That governance fits in a single equation but involves three different owners, which makes it hard to manage.
OpenAI will hire 200 more people in Dublin, bringing to 450 the roles announced this year for its European headquarters, which has more than 120 employees. The technical hires will deploy AI applications for customers and handle privacy.
Semiconductor shares fell on Tuesday after Broadcom's CEO compared many AI investors to casino gamblers. Samsung shares also dropped after Chinese memory maker CXMT reported good progress on a new chip architecture.