OpenAI acquires $15M+ domain

Welcome, AI enthusiasts.

OpenAI just acquired the $15M+ domain name chat.com (which now results in ChatGPT) from HubSpot’s founder, making it one in all the biggest domain deals in history.

Could the shift from “ChatGPT” to easily “chat” signal the top of the GPT era — and the beginning of something latest? Let’s get into it…

In today’s AI rundown:

• OpenAI acquires $15M+ domain name

• Nvidia unveils major robotics AI toolkit

• Master any topic with interactive AI learning

• Microsoft unveils multi-agent AI system

• 6 latest AI tools & 4 latest AI jobs

• More AI & tech news

Read time: 4 minutes

LATEST DEVELOPMENTS

OPENAI

💰 OpenAI acquires $15M+ domain name

The Rundown: OpenAI has acquired the domain name chat.com (which now redirects to ChatGPT) from HubSpot founder Dharmesh Shah, marking what could possibly be one in all the biggest domain purchases in history.

The main points:

• Dharmesh Shah, the tech billionaire and founding father of HubSpot and agent.ai, acquired chat.com in March of 2023 for a reported $15.5 million.

• Two months after purchase, Shah announced the domain’s sale to an unnamed buyer, also donating $250,000 of the profits to Khan Academy.

• Yesterday (over a 12 months since Shah’s announcement), Sam Altman confirmed OpenAI’s acquisition of the domain, which now leads on to ChatGPT.

• Shah confirmed that the $15M+ domain name was sold to OpenAI but implied that he sold the domain for shares within the startup.

Why it matters: While $15M+ in stock from the fastest-growing startup in history is critical, it is a drop within the bucket for an organization that just raised $6.6B. The shift from “ChatGPT” to easily “chat” could signal OpenAI’s broader vision away from the GPT era, potentially preparing for a future dominated by o1-style reasoning models.

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NVIDIA

🤖 Nvidia unveils major robotics AI toolkit

The Rundown: Nvidia just announced a comprehensive suite of recent AI and simulation tools for robotics development on the 2024 Conference on Robot Learning (CoRL), including latest humanoid capabilities, training systems, and a partnership with open-source platform Hugging Face.

The main points:

• Nvidia’s Isaac Lab framework is now generally available and provides open-source tools for training robots at scale.

• A Project GR00T initiative introduced latest specialized workflows for humanoid robot development, from motion generation to environment perception.

• A brand new partnership with Hugging Face integrates their LeRobot platform with Nvidia’s tools, hoping to speed up AI robotics initiatives.

• The chipmaker also unveiled a Cosmos tokenizer, which is able to processing robot visual data as much as 12x faster than existing solutions.

Why it matters: The race to develop capable humanoid robots is on, and Nvidia is positioning itself as the muse layer for all the industry. With an avalanche of recent training tools and increasingly capable AI models to infuse into physical hardware, the acceleration from all the robotics sector shows no signs of slowing down.

AI TRAINING

🧠 Master any topic with interactive AI learning

The Rundown: Google’s experimental Learn About feature provides an interactive, in-depth learning experience with AI-powered explanations, visual aids, and dynamic content exploration.

Step-by-step:

1. Visit Google’s Learn About page (available only in chosen countries).

2. Enter your topic or pick from curated collections.

3. Explore interactive content with vocabulary builders, timelines, and visual aids.

4. Use Simplify, Go Deeper, or Get Images options to customize your learning.

Pro tip: Use the suggested follow-up questions and related topics to create a comprehensive understanding of your subject.

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🧠 Dive into AI strategies with industry experts

The Rundown: Section invites you to its AI:ROI Conference next week, a free event that provides worthwhile perspectives on AI adoption from a few of the top minds within the industry.

Speakers include:

• General Catalyst Managing Director Marc Bhargava on AI-driven investment strategies

• NYU professor Scott Galloway offering predictions for AI in 2025

• Moderna’s VP of AI & Product Platforms Brice Challamel discussing the corporate’s 80% internal AI adoption and its impact

Register at no cost to secure your spot.

MICROSOFT

🚀 Microsoft unveils multi-agent AI system

The Rundown: Microsoft researchers just introduced Magnetic-One, an AI orchestration system that coordinates multiple specialized agents to tackle complex real-world tasks like writing code, operating a browser, and even ordering food from a restaurant.

The main points:

• The system starts with an “Orchestrator” agent, which leads a team of 4 other specialized AIs to coordinate a desired multi-step task.

• The agents autonomously plan, execute, and adjust strategies, with demos showcasing sandwich ordering, finding stock trends, and more.

• Magnetic-One is open-source and was released alongside an AutoGenBench testing tool for evaluating agentic performance.

• Magnetic-One shows competitive performance against top specialized agent systems across various benchmarks like GAIA, AssistantBench, and WebArena.

Why it matters: The dream of getting your individual team of AI agents able to tag-team a each day task list is getting closer. Multi-agent coordination is clearly an important component for leveraging tools to finish complex real-world tasks, and Microsoft’s open-source approach could help level up the approaching agentic revolution much more.

NEW TOOLS & JOBS

Trending AI Tools

• 🌊 Video Ocean – Create stunning videos from text and pictures in minutes

• 🤖 SWE-Kit – Open-source tool for constructing your individual Devin-like software engineering agent

• 🗣️ Sona – Turn conversations into worthwhile insights with AI transcription notes

• 👀 RivalSense – Monitor any company with AI and receive weekly curated updates

• 🔊 PopPop AI Vocal Remover – Free AI-powered tool to separate or remove vocals from any song

Recent AI Job Opportunities

• 📝 The Rundown – Content Author

• 💼 Glean – Head of Consulting Services

• 📊 Shield AI – Senior Accountant

• 🛡️ Palantir Technologies – Marketing, US Defense

• 🤝 Author – Senior Partner Marketing Manager

QUICK HITS

Google by chance leaked “Jarvis,” an AI system able to autonomously controlling a pc and performing web-based tasks, on the Chrome Web Store briefly ahead of its planned December release.

X

Saudi Arabia unveiled plans for “Project Transcendence,” a $100B AI initiative to determine the dominion as a world tech powerhouse through investments in data centers, startups, and infrastructure.

Perplexity is reportedly set to boost $500M at a $9B valuation despite ongoing legal challenges from major publishers over the startup’s content usage practices.

Chinese AI video platform KLING is launching a ‘Custom Models’ feature, allowing users to coach personalized video characters using 10-30 video clips for consistent appearances across scenes and camera angles.

Microsoft filed a patent for a ‘response-augmenting system’ designed to combat AI hallucinations, having the model double-check its answers against real-world information before responding to users.

THAT’S A WRAP

See you soon,

Rowan, Joey, Zach, and Alvaro—aka The Rundown Team