The Social Community forThe Most Important Thing

OpenAI has lowered the amount of capital it is seeking from investors in its latest fundraising round by $10 billion, according to a Friday report by The Financial Times. The company was initially seeking to raise $30 billion at a $1.4 trillion valuation. It lowered the valuation last week to $1.25 trillion, The Information and others reported, and is now reducing the target for the raise to $20 billion. New York-based investment firm Coatue Management and investors from the United Arab Emirates were in talks to lead the round. The lowered targets prompt questions about the level of interest in the fundraising talks. An OpenAI spokesperson declined to comment. https://www.ft.com/content/7a3ad950-1b3b-4d9e-8c15-65a61ae6180f?syn-25a6b1a6=1&utm_campaign=%5BREBRAND%5D+%5BTI-AM%5D+Th&utm_content=1095&utm_medium=email&utm_source=cio&utm_term=124

If open-source and standard commercial models can be tricked this easily via software harnesses, are current AI safety guardrails just security theater? How do providers even fix this without breaking legitimate developer workflows? https://www.theinformation.com/newsletters/applied-ai/bank-hackers-got-claude-dirty-work

“A Tesla Flying Car? I Don’t Know, Man” #Auto Future https://www.wired.com/story/tesla-flying-car-faa/?utm_medium=social&utm_source=bluesky&utm_campaign=aud-dev&utm_content=437a6fdfc0a80b328ee6b6faa7a37d30

Nica took a screenshot of the discussion · 2 months ago

Where will Nvidia’s $100 billion dealmaking juggernaut go next? (https://www.theinformation.com/articles/nvidias-100-billion-dealmaking-juggernaut-will-go-next?offer=rtsu-engagement-25%2Crtsu-featured-articles-pro&cio_link_id=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__50df910ef84479dc7611b659140b8612e21172cb9727fcf8caf0ff06d780c49b&utm_campaign=%5BClaude%5D+RTSU%3A+Where&utm_content=15517&utm_medium=email&utm_source=cio&utm_term=10660) Robot, self-driving car technology and local AI deals are possibilities. #Robotics Revolution 🦾🤖🦿 #Auto Future

Two Chinese DRAM ventures launched in 2016 with government backing. A decade later, ChangXin Memory Technologies (CXMT) and Fujian Jinhua (JHICC) offer sharply different stories about what it takes to build a memory chip business under U.S. technology restrictions. #Podcasts We ❤️ #🇨🇳 ChinA.I. 🤖🧠🦾🤖 #Artificial Intelligence #A Glance of China 行摄中国 https://voiceofcontext.substack.com/p/how-us-tech-restrictions-helped-build?utm_source=multiple-personal-recommendations-email&utm_medium=email&triedRedirect=true

Anthropic’s economists think we can maybe keep our jobs What happened:  Anthropic economists released a new interactive model (https://www.anthropic.com/institute/econ-scenarios?ref=platformer.news) of AI-based economic disruption. The model takes in predictions about the trajectory of AI capabilities and outputs scenarios about how the economy and jobs will fare in 2030 as a result. The researchers present a “moderate,” a “substantial,” and an “extreme” scenario. Interestingly, the team’s “extreme” scenario, which predicts GDP growth rising to a truly bonkers 15.4% per year in 2030, would lead to an 8.9% increase in unemployment from AI.  Meanwhile, their “substantial” scenario, which relies on AI predictions based on a recent survey of 10,000 Americans, predicts a still-high 5.4% growth rate in 2030, but only an 0.7% increase in unemployment from AI. The forecasts are substantially more conservative than the warnings CEO Dario Amodei has issued regarding AI-related unemployment. Last year, Amodei told Axios (https://www.axios.com/2025/05/28/ai-jobs-white-collar-unemployment-anthropic?ref=platformer.news) that he worries about a scenario where “Cancer is cured, the economy grows at 10% a year, the budget is balanced — and 20% of people don't have jobs.” Why we’re following: It’s interesting to see Anthropic’s economists being (relatively) optimistic here. One reason why: they expect AI-related economic growth to increase demand and wages for manual labor, offsetting losses in computer-based work like software engineering. One of the authors' main conclusions, though, is that, given a range of all seemingly reasonable parameters, “the range of outcomes is wide.” So we could see a scenario with substantial growth and modestly higher unemployment, or crazy growth and crazy unemployment.

Spot on. Once you see it handle unmarked construction zones and unexpected detours in real-time, it's really hard to go back to basic lane-keep assist. #Auto Future https://medium.com/@joe_62117/buying-a-car-without-fsd-is-buying-a-flip-phone-4f83db16d6f0

D J took a screenshot of this post and discussion · 2 months ago

"After experiencing Cybercab for the past few days in Austin, I think the biggest thing people are missing is the zero-sum game built into Uber. #Auto Future You have two people sharing one environment, with different preferences. The driver likes the temperature at 66. I want 72. If I get more comfortable, he gets less comfortable. He likes his music. I want mine. He wants the windows open. I want them closed. I take a few extra minutes getting to the car, and those are minutes another human spends waiting for me. There’s this constant little tug of war. My comfort and convenience can come at the expense of his. And I don’t blame the driver. It’s his working environment. He’s in that car all day. Of course he has preferences. That’s why I just let him play whatever music he wants. I don’t want my comfort to come at his expense. We’ve gotten so accustomed to this that we barely notice the tension anymore. Then you take a Cybercab. I set the temperature to 72. Nobody gets less comfortable. I play my Spotify at the volume I want. Nobody has to give up their music. I grab my Starbucks and take a couple of minutes to walk over, within the pickup window. Nobody is sitting there getting irritated with me. The car has no competing preferences. That is a profound change in the experience. I can optimize the ride around what makes me comfortable without asking another person to sacrifice what makes them comfortable. And you feel it. You get in, lean back, and relax. There’s no negotiation. No wondering whether your request is going to annoy someone. That whole layer of social tension disappears. I think this is a huge part of Cybercab’s value. Removing that zero-sum dynamic changes what the service feels like at its core. Once people experience that, I think a lot of them are going to have a very hard time going back to Uber." https://x.com/davelee/status/2097809911635697767?s=20&_bhlid=2a318119323655c0bd0c50e5a407c04c1585a51d

Be honest—do you care more about Apple celebrating 20 years with a radical redesign, or are you just mad that base prices hit $899? #Gadgets https://medium.com/apples-time/skipped-the-iphone-18-pro-and-duo-good-heres-what-apple-is-hiding-for-2027-7b41fcffec91

Bending Spoons running massive multi-million dollar software platforms like Vimeo and Evernote with a core team of only ~60 people each is wild. Is hyper-lean post-merger integration the new blueprint for PE and public tech, or are we sacrificing long-term product innovation for short-term margins? #The Most Important Thing https://cloud.substack.com/p/5-interesting-learnings-from-bending?utm_source=post-email-title&publication_id=10969&post_id=220576074&utm_campaign=email-post-title&isFreemail=true&r=6hfx4&triedRedirect=true&utm_medium=email