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Deepmind is using AI to tackle climate change in three ways, according to Sims Witherspoon, Deepmind's head of climate action. First, AI can help understand climate change through better prediction and monitoring models. Second, AI can optimize current systems and existing infrastructure, such as improving energy efficiency in data centers. Finally, AI can accelerate breakthrough science, such as controlling plasma shapes in nuclear fusion reactors for carbon-free energy. However, challenges include access to climate-critical data and collaboration with domain experts. You can read the full interview with Witherspoon at WIRED.

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OpenAI is in talks to sell employee shares at a valuation of $86 billion, making it one of the world's most valuable private companies, Bloomberg reports. The AI startup, known for its GPT language models and ChatGPT, is negotiating the offer with potential investors.

Microsoft owns 49% of OpenAI, which is reportedly on track to generate $1.3 billion in annual revenue, exceeding investor expectations. The biggest revenue driver is subscriptions to ChatGPT Plus. The new figure suggests more than $100 million in monthly revenue, but due to the high cost of training and deploying large language models, OpenAI doesn't expect to be profitable in the near term. The company will likely continue to raise funds for computing costs to develop and maintain its AI systems.

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