ET AI: Latin American countries to launch own AI model in September
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Good morning Reader, Latin American countries are set to launch their own AI model in September, while Sam Altman reveals Meta's $100 million bonuses for OpenAI employees. Amazon may reduce its corporate workforce due to AI automation.
Google has introduced stable Gemini 2.5 Flash and Pro, and Scale AI’s Alexandr Wang is leveraging insights from Meta. Meanwhile, China's spy agencies are heavily investing in AI, and a report predicts that by 2027, 50% of business decisions will be supported by AI agents.

In today's newsletter:

  • Latin American countries to launch own AI model in September
  • Sam Altman says Meta offered $100 million bonuses to OpenAI employees
  • Amazon's corporate workforce may shrink as AI takes over routine tasks
  • Google introduces stable Gemini 2.5 Flash and Pro, previews Gemini 2.5 Flash-Lite

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Latin American countries to launch own AI model in September

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Chilean Science Minister Aisen Etcheverry said the project "could be a democratizing element for AI," envisioning its application in schools and hospitals with a model that reflects the local culture and language. Developed starting in January 2023, Latam-GPT seeks to overcome inaccuracies and performance limitations of global AI models predominantly trained on English.

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Sam Altman says Meta offered $100 million bonuses to OpenAI employees

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Competition for AI talent has reached a feverish pitch as superstar researchers are being courted like professional athletes on the belief that individual contributors can make or break companies. "They (Meta) started making giant offers to a lot of people on our team," Altman said on the Uncapped podcast that aired on Tuesday, hosted by his brother. "You know, like $100 million signing bonuses, more than that (in) compensation per year."

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Latin America Launches Latam-GPT: A Cultural AI Model to Democratize Technology

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The Pulse

Latin America is set to launch Latam-GPT, an AI model tailored to local cultures and languages. This initiative, led by Chile, aims to address the limitations of global AI systems, potentially transforming education and healthcare while raising questions about data sovereignty and equity.

How it's happening

Developed since January 2023, Latam-GPT reflects the region's linguistic diversity and cultural nuances. This project emerges amid a competitive AI landscape, where companies like Meta and Amazon are reshaping workforce dynamics and vying for top talent, highlighting the need for localized solutions.

Key takeaways

  • Latam-GPT aims to enhance AI accessibility in Latin America.
  • Global AI competition intensifies, with firms offering substantial incentives for talent.
  • AI's role in automating tasks is reshaping corporate structures, as seen with Amazon.
  • China's investment in AI raises concerns over espionage capabilities.
  • By 2027, AI will significantly influence business decision-making processes.

Notable actions

Chilean Science Minister Aisen Etcheverry emphasized Latam-GPT's potential for democratization. Meanwhile, Meta's $100 million offers to OpenAI employees underscore the fierce competition for AI talent. As AI evolves, stakeholders must navigate ethical and regulatory challenges.

Google introduces stable Gemini 2.5 Flash and Pro, previews Gemini 2.5 Flash-Lite

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Google DeepMind released stable versions of Gemini 2.5 Flash and Pro, highlighting top benchmark performance. Now broadly available to developers, the models support advanced reasoning, multimodal tasks, and one million-token context. A new Flash-Lite preview offers the fastest, most cost-efficient model in the Gemini 2.5 series.

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Scale AI’s Alexandr Wang brings to Meta knowledge of what everyone else is doing

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Alexandr Wang, Scale AI co-founder, secures a massive investment from Meta. Mark Zuckerberg hires Wang to his superintelligence group. Wang's networking skills and industry knowledge are key to the deal. Meta gains leverage over AI rivals like OpenAI and Google. Wang's connections extend to government and right-wing influencers. His journey from math prodigy to AI entrepreneur is remarkable.

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Popular AI tools for you

ElevenLabs - Realistic AI voice cloning and speech synthesis.Fathom - AI-powered meeting recorder and summarizer.FeedHive - Plan, schedule & automate content with AI.Gamma - Turn ideas into beautiful slide decks with AI.Gemini - Google's next-gen multimodal AI assistant.Grammarly - AI-powered writing assistant.Grok - Elon Musk's AI chatbot integrated with X.

Special picks of the day

Scale AI’s Alexandr Wang brings to Meta knowledge of what everyone else is doingChina's spy agencies are investing heavily in AI, researchers sayBy 2027, 50% of business decisions will be augmented by AI agents for decision intelligence: ReportAdobe brings AI-image generation app to phones, adds partners

Around the web

  • Police shut down Cluely’s party, the ‘cheat at everything’ startup
  • Sam Altman says Meta tried and failed to poach OpenAI’s talent with $100M offers
  • OpenAI’s $200M DoD contract could squeeze frenemy Microsoft
  • Inexpensive AI Agents Threaten Entry-Level Coding Jobs
  • Vibe Coding Is Coming for Engineering Jobs
  • Disney and Universal Sue AI Company Midjourney for Copyright Infringement

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