🤖 OpenAI CEO says it's 'quite terrible' for your PC to have RAM

OpenAI CEO Sam Altman has data centers full of memory, but seemingly it's the 32GB of RAM in your desktop that's the problem. In an interview with the YouTube channel Cheeky Pint, Altman said that local inference, and, by extension, people having DRAM in computers at home, is "quite terrible."

"From a global allocation perspective, actually, it's quite terrible to have everybody have a bunch of the world's limited supply of DRAM sitting in their own computer and being used 5% of the time," — Altman said.

"You want maximum utilization in the cloud if you're trying to deal with this very supply-constrained environment. And somehow many people's intuition is the opposite of that."

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🚖 Uber Joins HSBC, Franklin Templeton in Blockchain Investing Test

The ride-hailing company Uber Technologies Inc. used a public blockchain to invest its corporate funds in a way that allowed the company to capture higher returns by trading on a weekend — a setup expected to be adapted by a growing number of companies in the coming months.

Using HSBC tokenized deposits — essentially bank funds represented by digital tokens on a blockchain —- Uber recently purchased a Franklin Templeton tokenized money market fund on a Thursday, and then sold it on Sunday as part of a pilot program with the financial institutions.

That way, it was able to capture an extra 1.5 days of yield instead of selling its investment on Friday, before traditional banks and markets closed, as companies typically do today.

@QSIMedia