Selling shovels in the goldrush: AI newsletter 29 August 2023

OpenAI, still the wellspring of much of the enthusiasm around generative artificial intelligence thanks to the popularity of its ChatGPT models, is facing continued criticism, with formal complaints filed against it in the EU and Stanford researchers casting aspersions on its reliability. Meanwhile Arm and Nvidia, two of the biggest producers of the chips that underpin AI technologies, respectively announced a landmark IPO and doubling of year-on-year revenue.