Forbes Daily: Adani Scraps Share Sale

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Forbes Daily: Adani Scraps Share Sale
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Snap shares plunge; Adani Group scrapped its $2.5 billion share sale; inside the lives of the world's 10 richest people; and more.

securing more protections for U.S. air passengersa trade group representing major airlines. The two bills look to make protections more on par with those available to travelers in Europe and Canada.ChatGPT’s popularity was unexpected inside the company. “None of us were that enamored by it,” says OpenAI’s president, Greg Brockman. “None of us were like, ‘This is really useful.’ ”AI is about to change how you work, like it or not.

Even powerhouses like Bill Gates see artificial intelligence’s potential for becoming “the hottest topic of 2023,” and the markets agree. Valued at $29 billion following a reported $10 billion investment commitment from Microsoft, OpenAI serves as the poster child for something extraordinary, but it’s far from the only company trying to get a piece of the pie. Take a look at Amazon-backed Stability AI or Hugging Face, which works with giants like Intel and Meta, for starters.

As the technology becomes more prolific, it presents a new slate of societal challenges, like potential for bias and discrimination in the models, or misuse by bad actors. Beyond that, some have the ultimate goal of parlaying AI into a conscious, self-improving “artificial general intelligence” that could reimagine capitalism—or threaten humanity.

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