One-Minute Daily AI News 6/6/2023

1. **OpenAI** has announced that it has no immediate plans to go public, according to Chief Executive **Sam Altman**. Altman made this statement during a conference in Abu Dhabi, where he emphasized the potential decision-making challenges that could arise when superintelligence is achieved.\[1\]
2. **Stanford** Researchers Introduce **FrugalGPT**: A New AI Framework For LLM APIs To Handle Natural Language Queries. FrugalGPT saves up to 98% of the inference cost while maintaining the same performance on the downstream task. FrugalGPT, on …

abu dhabi ai framework ai news altman apis artificial challenges conference decision framework llm making openai public researchers sam sam altman stanford superintelligence