GPT-4's details are leaked

Plus: Here come the Moon landing missions

In Today’s Edition

  • Jeff Bezos’ Blue Origin rocket engine explodes during testing

  • Disney+Hotstar Parent Exploring JV, Sale Of Its India Business

  • Sam Altman explains why he's helping to take nuclear microreactor company Oklo public via SPAC

  • Apple launches online store on China's giant WeChat messaging app

  • gpt-prompt-engineer

  • Here come the Moon landing missions (probably)

🚀Startups Nuts

Jeff Bezos’ space company Blue Origin suffered a rocket engine explosion while testing its BE-4 rocket engine last month, CNBC has learned. During a firing on June 30 at Blue Origin’s facility in West Texas, a BE-4 engine detonated about 10 seconds into the test. A Blue Origin spokesperson confirmed the incident, noting no personnel were injured and an investigation is underway, with a “proximate cause” identified.

Media conglomerate Disney held discussions with at least one bank about ways to help the India business grow. However, the talks are in the early stages and it is not certain yet if Disney would go ahead. Last year, Disney lost IPL’s digital streaming rights to Viacom18, which has dented its subscriber base.

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🏭Business Nuts

Oklo, an advanced nuclear fission microreactor startup, is going public via a merger with a special purpose acquisition company co-founded by OpenAI CEO Sam Altman. Altman is also the chairman of Oklo's board. The SPAC will raise as much as $500 million for the company. It will close by early 2024. The company plans to use the raised capital to ramp up its supply chain and procurement processes and for building a pilot scale production facility for its reactor. Artificial intelligence will demand a lot of energy if it scales up in the way Altman is predicting it will.

Apple has launched an online store on WeChat. WeChat has over 1.2 billion users. It is China's biggest messaging platform. The super app also features mini-programs that lets users access services from inside WeChat. Apple's WeChat store will allow users to purchase the full line of Apple's products with free shipping. Some customers will be able to receive three-hour delivery and other Apple services, like the trade-in program.

📱Tech Nuts

gpt-prompt-engineer is a tool that allows prompt engineers to take their experimentation to a whole new level. Users simply input a description of the task to be completed with some test cases and the system will generate, test, and rank prompts to find the ones that perform the best. gpt-prompt-engineer uses an ELO rating system to rate generated prompts. A classification version is available for handling classification tasks.

This pastebin text contains notes detailing GPT-4's structure. GPT-4 is more than 10 times the size of GPT-3, with an estimated total of 1.8 trillion parameters across 120 layers. OpenAI utilized a Mixture of Experts model to help keep costs reasonable. The model would have cost around $63 million to train. Many more details are available in the text.

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🎁Miscellaneous

The next six months will see up to half a dozen missions attempt to land on the Moon. The three primary drivers in the renewed interest in the Moon include the discovery of water on the Moon in the 1990s and early 2000s, the rise of China's space program, and private companies looking to exploit resources on the lunar surface. This article provides a rundown on what to expect from the upcoming Moon missions. The missions include Chandrayaan-3 in July, Luna 25 and SLIM in August, IM-1 sometime in the third quarter of this year, Peregrin Mission One in the fourth quarter, and IM-3 near the end of the year.

💡What else are we reading and seeing?

  • The U.S. cities with the most million-dollar homes

  • Why Amazon’s Prime Day is in July

  • The corporate bankruptcy wave will get even uglier

  • Private equity firms are buying up practices and raising medical prices

  • Microsoft confirms more job cuts on top of 10k layoffs in January

  • Wall Street has been more bullish on companies than stocks

  • Saudi Wealth Fund reports $11B investment loss for 2022

  • If someone uses these phrases, they’re probably a strategic thinker

  • Why does did Google Brain exist?

  • Threads and the Social/Communications Map

😎Fun Fact

The world's first stock exchange was founded in Amsterdam in 1602.

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