Work AGI is the Only AGI that Matters

Today on the AI Daily Brief, why weren't AGI is the only AGI that the big labs care about now? And before that in the headlines, IPO fever starts to take hold. The AI Daily Brief is a daily podcast and video about the most important news and discussions in AI. Alright, friends. Quick announcements before we dive in. First of all, thank you to today's sponsors, KPMG, Blitsy, Assembly, and Mercury. To get an ad free version of the show, go to patreon.com/aidailybrief, or you can subscribe on Apple Podcasts. To learn about sponsoring the show, send us a note at sponsors@aidailybrief.ai. While you are at a I daily brief dot a I, you can find out all about the ecosystem of projects surrounding the podcast with a big fun one this week being agent madness. Our round of 64 is live. People have contributed some really awesome agents to the bracket, but but you're gonna wanna get your voting in by Thursday before we move on to the round of 32. Again, you can find that at agentmadness.ai. We kick off today with some fairly significant IPO fever. CNBC recently got a hold of documents that they describe as resembling an OpenAI IPO prospectus with the documents warning of numerous risks to OpenAI like their close ties to Microsoft. Potential investors were told that Microsoft is responsible for a substantial portion of our financing and compute, and OpenAI also disclosed concentration risk saying, if Microsoft modifies or terminates its commercial partnership with us, or if we are unable to successfully diversify our business partners, our business prospects operating results and financial condition could be adversely affected. Now this is particularly relevant given reports that Microsoft is considering a lawsuit to block certain parts of OpenAI's partnership with Amazon. Additional risk disclosures include OpenAI's significant capital expenditure, reliance on compute resources, ongoing litigation with Elon Musk, and their unusual structure as a public benefit corporation. They even mentioned geopolitical risk related to Taiwan. Now while CNBC kind of sold this at first as a pre IPO prospectus, it appears that this document was shared with potential investors in OpenAI's recent fundraising round, meaning that it doesn't actually seem to be prepared for the IPO, and yet the list of risks will likely closely mirror disclosures once they actually go public. Sources additionally said that OpenAI is seeking a further 10,000,000,000 from investors to add to the 110,000,000,000 already raised from SoftBank, Nvidia, and Amazon. And as we'll hear in the main episode, it sounds like Sam Altman is changing his focus to be able to concentrate more closely on things like fundraising. Now an OpenAI spokesperson basically said that this is just legal nothing burger commenting, this is a standard legal risk factor disclosure unrelated to any potential IPO prospectus. Similar language has been in place for years. Microsoft is and will remain a critical long term partner. Now much more tangibly in IPO news, SpaceX is aiming to …