OpenAI exec says company hopes to burn $50B of somebody else's money on compute this year

OpenAI executive reportedly stated the company aims to spend $50 billion on compute this year, funded by external investors. The comment highlights the immense capital requirements for training and running AI models.

OpenAI

Tencent Hunyuan Merges LLM and Multimodal Teams, Establishes Foundation Model Department

Tencent has merged its Hunyuan large language model and multimodal teams to form a new Foundation Model Department. The restructuring aims to strengthen basic model research and unify efforts across different AI modalities.

Tencent