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OpenAI and Jony Ive in talks to raise $1B from SoftBank for AI device venture

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11–20 of 105 posts

Re: OpenAI and Jony Ive in talks to raise $1B from SoftBank for AI device venture

#11
post #4

For hardware devices that raised >$100mm before launch, how have they gone? Successes: * Tesla Non-successes: * Magic Leap * Juicero * Nuro * Segway What else am I missing? I suspect there are other successes that raised >$100mm pre-launch that I'm not thinking of. I wonder why they wouldn't start smaller. That said, I still expect they'll succeed, and I hope they succeed. I don't believe in any rules of thumb, great…

I don't think it makes sense to include Juicero in the list. There is no way that whatever Ive and Altman are cooking up is going to be as obviously stupid as Juicero.

[deleted]

Re: OpenAI and Jony Ive in talks to raise $1B from SoftBank for AI device venture

#14
post #3

The interesting thing is they have the bankroll to actually make this work and it actually makes a lot of sense. I remember watching a Google I/O presentation back in 2016 when voice assistants were trending. There was all sorts of ideas like APIs to access google assistant, voice/chat being the new interface etc. The future presented there made so much intuitive sense to me and now the tech has finally caught up. Th…

There was an Information article a few weeks ago on Apple increasing its daily spend to millions of dollars in ML training costs per day. With their historic desire for control over the whole stack, I'd put money on them rolling their own architecture.

Re: OpenAI and Jony Ive in talks to raise $1B from SoftBank for AI device venture

#15
post #4

For hardware devices that raised >$100mm before launch, how have they gone? Successes: * Tesla Non-successes: * Magic Leap * Juicero * Nuro * Segway What else am I missing? I suspect there are other successes that raised >$100mm pre-launch that I'm not thinking of. I wonder why they wouldn't start smaller. That said, I still expect they'll succeed, and I hope they succeed. I don't believe in any rules of thumb, great…

Oh man Juicero. Still remember watching someone tear one of those down. Absolutely incredible amounts of wasted work, materials, ludicrous overengineering to squeeze a damn bag.

Re: OpenAI and Jony Ive in talks to raise $1B from SoftBank for AI device venture

#16
post #4

For hardware devices that raised >$100mm before launch, how have they gone? Successes: * Tesla Non-successes: * Magic Leap * Juicero * Nuro * Segway What else am I missing? I suspect there are other successes that raised >$100mm pre-launch that I'm not thinking of. I wonder why they wouldn't start smaller. That said, I still expect they'll succeed, and I hope they succeed. I don't believe in any rules of thumb, great…

21 Inc, $ 116m: https://cointelegraph.com/news/bitcoin-startup-21-inc-reveal...

Re: OpenAI and Jony Ive in talks to raise $1B from SoftBank for AI device venture

#17
post #14
post #3

The interesting thing is they have the bankroll to actually make this work and it actually makes a lot of sense. I remember watching a Google I/O presentation back in 2016 when voice assistants were trending. There was all sorts of ideas like APIs to access google assistant, voice/chat being the new interface etc. The future presented there made so much intuitive sense to me and now the tech has finally caught up. Th…

There was an Information article a few weeks ago on Apple increasing its daily spend to millions of dollars in ML training costs per day. With their historic desire for control over the whole stack, I'd put money on them rolling their own architecture.

Thats a start but if they were really going for it, it would look more like a multi-billion dollar investment with M&A, head hunting, training infra, partnerships etc

Atm its looks more like getting they lay of the land, which IMO is the smart move.

Re: OpenAI and Jony Ive in talks to raise $1B from SoftBank for AI device venture

#18
post #4

For hardware devices that raised >$100mm before launch, how have they gone? Successes: * Tesla Non-successes: * Magic Leap * Juicero * Nuro * Segway What else am I missing? I suspect there are other successes that raised >$100mm pre-launch that I'm not thinking of. I wonder why they wouldn't start smaller. That said, I still expect they'll succeed, and I hope they succeed. I don't believe in any rules of thumb, great…

I don't think it makes sense to include Juicero in the list. There is no way that whatever Ive and Altman are cooking up is going to be as obviously stupid as Juicero.

I dunno, I'd take a glass of juice over cryptocurrency from a retina-scanning orb.

Re: OpenAI and Jony Ive in talks to raise $1B from SoftBank for AI device venture

#19
Man, I can't even begin to imagine what they're going to come up with. Titanium AIPods. Non-detachable alluminum RayBans. Google Glass, but it's a literal Black Mirror worn on your face. Self-driving Segway. Transparent plastic smart lunchbox. Electric long-board that's also a tablet. Fist-mountable selfdefense impact jackhammer. 5G base station Zurb ball. A keyboard that starts repeating nnnn when you think of what you want to type. Neuralink, but for discreetly listening to major record label IP. Contact lens payment system where you wink to tip your landlord. Quantified shelf. A car without a steering wheel, made entirely out of Corning glass. Heelies that auto-reverse when they sense an oncoming homeless person. Van-life, but it's a sentient executive jet plane. Longevity device that puts you to sleep for at least 8 hours every day. Intimacy fit-ring. Schedulable dopamine-inhibiting nanobots? This could be huge.

Re: OpenAI and Jony Ive in talks to raise $1B from SoftBank for AI device venture

#20
Something I've thought about for the past year, we can totally have real life PokeDexes now. It's all there; vision, voice, and reasoning. Just needs to be packaged with enough hardware to power local models, which smartphones aren't quite there yet. I want one.
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