8. Donation for AltSchool
AltSchool, the San Francisco-based company that makes personalized education software and operating systems for schools announced in May 2015 that it had raised $100 million from several venture capitalists and private donors. The list of donors included Mark Zuckerberg and his wife Priscilla Chan. However, the specific details of the donation from the couple were not disclosed.
Iakov Filimonov/Shutterstock.com
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
Do the math. According to Musk, this technology could be worth $250 trillion by 2040.
Put another way, that’s roughly equal to:
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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.
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In fact, Verge argues this company’s supercheap AI technology should concern rivals.
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