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Toshiba’s preferred buyer, JIP, finalizes details for purchase

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The buyer who prefers Toshiba to stay with the company, JIP, is finalizing the details to carry out the operation. Among them is ensure that it has 10,600 million dollars in financing to finance the purchase, which it will procure entirely from Japanese entities, according to Reuters. Apparently, when the purchase process is closed, Toshiba would become a private company.

Japan Industrial Partners (JIP), the group of entities that seems to be staying with it, has a good chance of being able to secure the money it needs before the end of this month, according to several sources directly related to the operation.

Most of the money Japan Industrial Partners needs for the purchase will be lent to it by the banking divisions of three banking entities: Mizuho Financial Group, Sumitomo Mitsui Financial Group Y Sumitomo Mitsui Trust Holdings Inc. The main banking division of the largest Japanese financial group, Mitshubishi UFJ Financial Group and Aozora Bank Ltd. will also participate in the operation.

Toshiba, whose business divisions range from nuclear power to defense technology, owns 40.6% of memory chip maker Kioxia Holdings. Last week he sent a letter to his shareholders assuring them that he intended to reach a conclusion on potential partners for a sale as soon as possible.

Japan Industrial Partners is probably not the only business group to be involved in the Toshiba sale. It is very likely that others will join him, also Japanese. Among them are the Orix financial services groupthe chip maker Rohm Co Ltd Y Japan Post Bank. Of course, although JIP is trying to secure the amount that we have mentioned to close the purchase agreement, it is possible that the final costs of the operation may vary, mainly due to market conditions.

Toshiba named JIP as the preferred group to stay with the company last October. Then, the Toshiba group asked said venture capital entity to present letters of commitment from the banks that were going to participate in the operation before last November 7, which Japan Industrial Partners was not able to comply with. At the beginning of this month of December, JIP was closer to obtaining the support of banking entities for the operation. For this, yes, he had to propose several steps aimed at restructuring the group.

When the purchase transaction closes, investors will be very attentive to how Toshiba and its board evaluate JIP’s plan to reform Toshiba and help it get out of the situation it is in, considered quite problematic for its future.

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OpenAI announces ChatGPT Plus, a paid version of its AI chatbot, for $20 per month

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Just a few days ago OpenAI announced that it was preparing a paid version of ChatGPT. And it’s ready: ChatGPT Plus. with her, for 20 dollars a monthits users will have priority access to this chatbot, even during peak hours of use of this Artificial Intelligence text generation system.

Users who do not pay to access ChatGPT Plus will therefore have to wait for paid users to let it go. The plan also promises to offer faster response times, as well as priority access to new features and improvements that OpenAI releases for the chatbot in the future.

For now, OpenAI will send messages to start subscriptions to ChatGPT Plus to users who are in the United States and are signed up to the waiting list of those who want to subscribe to the ChatGPT payment plan in the coming weeks. For now there are no deadlines or dates for the expansion of the service to other countries, and OpenAI has limited itself to saying in this regard that it will open the plan to other countries and regions in the future.

Just a few days ago there was speculation about the price that the monthly subscription to ChatGPT Plus would have. According to various rumors it was going to be much higher, and that it was going to cost up to 42 dollars a month, which would make it difficult for small companies and research groups and organizations to access it. At $20 a month, it will be accessible to more people and entities that need reliable access to texts generated by Artificial Intelligence.

Furthermore, this price, and its features, could set the stage for a standard in the capabilities and cost of other Artificial Intelligence chatbots appearing on the market. Of course, from OpenAI they have been quick to make it clear that ChatGPT is not going to become a tool without free options. Its managers have ensured that there will continue to be free access to the chatbot, thanks to the fact that paying users will contribute to it with their monthly payments. For now, they continue to advance in their development, for which they are going to hire new specialized personnel.

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OpenAI invests in ChatGPT coding and programming with new hires

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OpenAI invierte en la codificacion y programacion de ChatGPT con la contratacion de nuevos profesionales

Despite the massive layoffs taking place in the technology sector, Open AI commitment to the recruitment of personnel for the creation of new artificial intelligence models that allow them to improve their products, among them, ChatGPT. The objective of the company co-founded by Elon Musk would be incorporate 1,000 new workers in different countries around the world to work on creating improved code in their AI tools.

Of those thousand new employees, about 600 (40%) are programmers whose work will focus on AI performing software engineering tasks. The remaining 60% will focus on the ‘data labeling’, that is, in the creation of raw data (text, audio, images and videos) that will then be labeled to specify the context in which the AI ​​is developed. The profile currently most in demand by OpenAI would be that of python developera highly qualified programming language.

This study, included in a Semafor report, shows that new hires will have to create training data that will encompass from lines of code to explanations of it in natural language. OpenAI has a tool with these characteristics launched in 2021, OpenAI Codexwhich received training on data pulled from GitHub (Microsoft’s code repository). Similarly, Codex is used by Microsoft to power GitHub Copilot, a service that will help programmers write code.

Open AI Codex masters more than a dozen programming languages and is capable of interpreting simple commands in natural language and creating an interface for existing applications. Regardless, coding could improve ChatGPT’s ability to converse with humans and thus overcome barriers such as those of the Stack Overflow website, which accuses the OpenAI AI tool of not offering reliable answers.

The key to being able to establish improvements in a coding assistant will be to build a system capable of anticipating the effect of its own actions and set up an internal system. Meta’s chief artificial intelligence scientist, Yann LeCunclaimed that there was a great similarity between cruise control systems in cars and coding assistants like Copilot. And it is that if the human does not establish a constant supervision on Copilot, it will end up making almost negligible code errors. The problem resides when we are dealing with a code model that is sometimes executed and sometimes not.

The OpenAI Selection Process

For the election of qualified personnel regarding the programming and control of ChatGPT, OpenAI subjected the candidates to a five hour unpaid coding test having to undertake different tasks. One of them was to explain in writing how they would solve a coding problem and, in the event of detecting errors in the process, explain what they were and how they should be corrected. In the end, the objective is to feed the tool with very specific training data that the human himself marks for it.

The objective of Elon Musk’s company is that these workers can make AI capable of write code for a more precise method, replacing entry-level programmers in the future. Only then will it be possible to strengthen the power of its AI tools, such as ChatGPT, adapting more quickly and intelligently to changes and being able to face the main competing companies in the sector.

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from February 9 you have to pay to use it

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Twitter continue with him trickle of measures aimed at raising their incomeeven if they are deeply unpopular. This is the case of the last one that he has announced: the end of free use of your API. As of February 9, all the services and tools that currently use this API free of charge and that want or need to continue using it will have to pay for it, or simply stop providing the service they provide thanks to it. This was communicated by the company through a thread published on the Twitter Developer account:

From within just a week, therefore, the company will block non-paying developers from accessing version 1.1 of its APIalready considered legacy, and the current one, the V2. For now there is no more information about the amount that the network will charge for using its APIs. It is only known that there will be a basic payment plan, but it is unknown what type of access it will offer. All when there is barely a week left for the change to take place.

This step follows the abrupt changes in the terms of use of said API in recent weeks, after the company suspended access to such popular and relevant apps in its history as Tweetbot and Twitterrific. As a result, many third-party Twitter apps have stopped working and have removed their mobile apps from the iOS and Android app stores. In some cases, as has happened with the creators of Tweetbot, the companies that developed those apps have changed their focus to launch apps for Mastodon and other networks, or are considering doing so in the future.

Meanwhile, confusion and uncertainty is growing among developers using the Twitter API in numerous projects. Also among its users. At present there are thousands of developers who use the Twitter API for, for example, the development of informative bots that publish information in other networks, and in systems related to weather information and other types of data.

In many cases, the free Twitter API has served for the development of projects created as a hobby, which will probably end up not working. It is more than likely that the same will happen with bots that automatically post tweets on other networks, such as the aforementioned Mastodon.

On the other hand, the academic sector, and that dedicated to research, will be greatly affected by this measure. For now, Twitter has not specified whether the announcement to end the free use of its API, on which hundreds of thousands of projects in both sectors depend, also affects researchers and education.

Among the ongoing investigations there are many in sectors such as the study of hate speech and online abuse. In addition, universities often use Twitter to study human behavior in different parts of the world based on what its inhabitants say and share on social networks. Not having free access to the Twitter API will also raise many complications for companies and organizations working to detect the spread of fake news and misinformation.

Twitter’s relationship with developers building products off of its API has always been a complicated one. But for better or worse, that relationship worked, and there have been numerous services and tools that have been born from the Twitter API since its arrival.

Despite several initial rebuffs, on the other hand, Twitter had been working for years to improve the relationship with developers by launching various programs and actions, which has meant that the developer ecosystem around its API was still alive.

This has all been blown up ever since Musk bought the company, and API pay-as-you-go may be the last nail in the community’s coffin. Meanwhile, Twitter continues to increase control over how Twitter users access the network and trying to increase their revenue. And developers will probably change the social network with which to work and create their tools.

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