China’s Psibot hits a $1.48bn valuation betting on ‘world models’

The Next Web reports that viktor Wang has a favourite piece of history. In 2019, OpenAI’s GPT-2 showed that a machine trained on nothing but internet text could write like a person. It was crude, but it was a hinge. Wang thinks robots are about to have…

For Australian readers, the useful question is what this changes in everyday work: costs, productivity, privacy, hiring, or the tools businesses rely on. We are watching this story because practical AI adoption is moving quickly, and the impact often reaches workplaces before policy or training catches up.