In this edition of Eye on AI, Sharon Goldman covers key developments in the AI landscape. Sam Altman, CEO of OpenAI, questioned the industry’s inflationary bubble while revealing plans for a $40 billion data center expansion, raising eyebrows about the paradox of thriving amid alleged financial frenzy. Meanwhile, AI is transforming advertising, with nearly 90% of major marketers embracing generative AI, streamlining production and reshaping strategies. However, this shift raises ethical concerns about job displacement. Concurrently, Silicon Valley is witnessing a rise in “zombie startups,” as tech giants leverage talent raiding to stifle smaller companies. On the hardware front, Nvidia is working on a new AI chip for China that surpasses its H20 model. A recent study also highlights AI-led interviews as beneficial, improving hiring outcomes significantly. Upcoming events include the Fortune Brainstorm Tech conference in Park City, Utah, fueling further discussions on AI’s future.
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