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OpenAI proposes a new corporate structure

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Hello and welcome to Sync #500!

First of all, Happy New Year! Secondly, this is the 500th issue of Sync. Such a milestone offers a chance to reflect on nearly 10 years of writing a weekly newsletter and to look ahead to the future, which I’ll be sharing with you soon in a separate post.

In this 500th issue, we’ll take a closer look at OpenAI’s proposed new corporate structure, the reactions it has sparked, and its potential impact on the tech world.

In other news, Nvidia is already eyeing the next big thing after AI—robotics. Meanwhile, Google CEO Sundar Pichai has urged employees to prepare for a transformative 2025. We also have a comparison between ChatGPT Search and Google Search, an overview of how AI performed in the recently concluded Advent of Code 2024, and an analysis of the state of AI hardware startups.

Over in robotics, Figure AI has shipped its first humanoid robots to a paying customer, and BYD has entered the humanoid robotics race.

We’ll conclude this week’s issue with a look at what to expect from mRNA vaccines in 2025 and with a company promising to bring underwater habitats—where people can live and work tens or hundreds of metres below the surface—a step closer to reality.

Enjoy!

The last three years have been a time of massive growth for OpenAI. The AI lab went from a startup known primarily within the tech and AI community into a poster child of the current AI boom.

However, such massive growth requires massive transformation. OpenAI is no longer the same company that released ChatGPT in November 2022 as an experiment. The company’s leadership has changed. Many key people, such as Mira Murati, former CTO, and Ilya Sutskever, co-founder and former chief scientist, left the company. Meanwhile, hundreds of new employees have joined, all contributing to a shift in the company’s culture and priorities.

Over the years, OpenAI has changed. Now, facing new challenges as a leader in the AI space valued at $157 billion, OpenAI proposes to change itself once again. However, OpenAI is going against some powerful forces that could prevent its plans from happening.

OpenAI began as a non-profit organisation, founded in 2015 with the goal of ensuring that artificial general intelligence (AGI) benefits all of humanity. However, OpenAI’s leadership realised that the nonprofit structure, which reflected the altruistic spirit and ideals behind its creation, was incompatible with the goal of building AGI.

The research and development of advanced AI models require an enormous amount of computing power—first to train the models and then even more to deploy them at scale to millions of users (OpenAI has 300 million weekly users). A non-profit organisation was not attractive to investors, who seek returns on their investments. Consequently, OpenAI began exploring ways to transform itself into a for-profit company.

Email conversations revealed by both Elon Musk’s legal team and OpenAI indicate that discussions about transforming OpenAI into a for-profit company began as early as 2017. In 2019, OpenAI announced a new corporate structure in which a for-profit entity (“OpenAI LP”) is controlled by a non-profit board, with capped profit-sharing for investors and employees. This rather unusual hybrid corporate structure represents a compromise between the harsh reality that a tech company needs to operate as a for-profit entity to attract investments and the nonprofit model that embodies OpenAI’s original spirit.

OpenAI’s turbulent early years – Sync #494

The capped-profit structure served OpenAI well. It made the company more attractive to investors, who poured over $20 billion into it, including half of that amount secured in October 2024 ($6.6 billion from a Series B funding round and $4 billion borrowed from banks). This approach paved the way for ChatGPT and the current AI boom we are experiencing today.

However, those billions raised for building AGI are not enough. Reports published in the summer of 2024 revealed that OpenAI was on track to lose approximately $5 billion that year. The investments needed for the research and development of new models, as well as securing the computing power required to train and deploy them—whether through renting or building dedicated data centres—will demand even more resources and many more billions of dollars.

To address these challenges and position itself for a successful future, OpenAI plans to once again change its corporate structure.

OpenAI has announced its intention to transition its for-profit arm into a Delaware Public Benefit Corporation (PBC) by 2025. “As we enter 2025, we will have to become more than a lab and a startup — we have to become an enduring company,” states OpenAI.

According to OpenAI, the PBC model is the solution to balancing shareholder interests, stakeholder priorities, and public benefits in its decision-making, potentially offering a middle ground between traditional for-profit goals and its founding mission.

Unlike traditional for-profit companies, which are solely focused on maximizing shareholder value, PBCs are legally required to balance profit-making with its stated public benefit. For OpenAI, this means ensuring that its mission of advancing AI to benefit all humanity remains central to its operations, even as it raises capital and grows its business.

The for-profit entity will adopt a PBC structure, allowing OpenAI to raise capital with conventional equity terms while maintaining a commitment to public benefit. The non-profit will retain significant equity in the PBC, providing it with substantial resources to fund charitable initiatives in sectors like health care, education, and science. The non-profit’s influence will shift away from controlling the for-profit to focusing on its charitable initiatives and ensuring that OpenAI’s mission of benefiting humanity remains central.

OpenAI plans, however, have been met with criticism and opposition.

Critics argue that OpenAI’s new corporate structure will prioritise investors and revenue over the company’s original mission of building AIG that benefits all of humanity. Others raised concerns that the transition could exploit non-profit tax benefits while operating as a for-profit entity.

The strongest opposition to OpenAI’s plans comes from Elon Musk. Musk, one of OpenAI’s founders and a significant financial supporter in its early days, left the organisation in 2018 due to differences in visions for its direction and priorities. Since the release and subsequent success of ChatGPT, Musk has become a vocal critic of OpenAI.

In March 2024, Musk filed a lawsuit against OpenAI and its leadership, claiming that the organisation has strayed from its original non-profit mission of advancing AI for public benefit by prioritising profit through its collaboration with Microsoft. Musk argues that this shift undermines OpenAI’s commitment to open-source development and public welfare. The lawsuit seeks to realign OpenAI with its founding principles—a move which, if successful, would effectively end OpenAI as we know it today and dramatically limit its funding options.

Although Musk calls in the lawsuit for OpenAI to return to its non-profit roots, it is worth noting that he is also an owner of xAI, a competitor to OpenAI, which complicates his position. Reducing OpenAI’s market presence would undoubtedly benefit xAI.

Other competitors also see an opportunity to curb OpenAI’s growth and influence in the AI industry. Meta has aligned with Musk, sending a letter to California Attorney General Rob Bonta and arguing that allowing the shift would have “seismic implications for Silicon Valley.” Meanwhile, Google has reportedly urged the US Federal Trade Commission to end OpenAI’s partnership with Microsoft, claiming the deal is “preventing them from competing in the burgeoning artificial intelligence market.”

No matter what happens with OpenAI’s restructuring plans, the impact on the tech industry and future startup founders will be profound.

OpenAI’s internal conflict between staying true to its ideals and navigating the realities of the modern business environment highlights that the romantic vision of a group of world-class researchers and engineers changing the world through a breakthrough invention alone is just that—a romantic vision. It demonstrates that achieving world-changing breakthroughs like AGI requires not only technological expertise but also substantial financial investments.

As one of the leading AI companies, OpenAI’s restructuring could set a precedent for how mission-driven organisations adapt to the demands of a competitive and capital-intensive market. It also raises important questions about how such transformative technologies should be governed and who should benefit from them.

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▶️ Eva’s First Steps Out of the Lab (6:25)

In this video, engineers and researchers from IHMC, a legendary name in robotics research and development space, share the first steps outside the lab of Eva, their robotic exoskeleton designed for people working in hazardous environments that require wearing heavy protective equipment. The walk outside the lab includes taking the first steps up and down stairs, as well as venturing outside the building, all accompanied by commentary from the person wearing the exoskeleton.

▶️ Predictions for Technology, Civilization & Our Future (38:08)

It’s that time of year when predictions for 2025 and beyond abound. Isaac Arthur envisions an optimistic near future, where advancements in AI and robotics enhance daily life, life extension technologies help us live healthier and longer, and humanity takes its first significant steps toward colonizing the solar system. These innovations could bring profound societal changes, new discoveries, and unparalleled opportunities. Arthur also explores the challenges of predicting the future, emphasizing the importance of adaptability, informed decision-making, and shaping the future through deliberate action.

Google CEO Pichai tells employees to gear up for big 2025: ‘The stakes are high’
The last two years have not been good for Google. The tech giant was caught off guard by the sudden rise of OpenAI and is now trying to regain its position as the leader in AI. Additionally, the company faces increased competition and regulatory hurdles. Amidst these challenges, Google CEO Sundar Pichai recently told employees that “the stakes are high” for 2025, emphasising the need for urgency and faster execution. Pichai also highlighted the importance of staying “scrappy,” citing Google’s early days as an example of innovation under constraints. The focus will be on leveraging advancements in AI (with Gemini playing a key role here) to address user problems and scale new technologies.

DeepSeek-V3, ultra-large open-source AI, outperforms Llama and Qwen on launch
Chinese AI startup DeepSeek released their new ultra-large model, DeepSeek-V3. According to the benchmarks provided by DeepSeek, this 671B parameters model is the strongest open model available and, in some benchmarks, outperforms GPT-4o and Claude 3.5 Sonnet.

Israel built an ‘AI factory’ for war. It unleashed it in Gaza.
The conflict in Gaza marks one of the first major uses of AI in warfare. The Israel Defense Forces (IDF) deploy advanced tools like “Habsora” and “Lavender” to analyze intelligence and suggest targets, significantly speeding up operations. While these tools enhance efficiency, internal audits and critiques have highlighted flaws such as language processing inaccuracies, over-reliance on algorithmic recommendations, and a lack of transparency in distinguishing between AI-derived and human-sourced intelligence. Critics argue this automation has lowered thresholds for collateral damage, raising civilian death tolls. The shift to AI-centric operations has also sparked debates within the IDF, with concerns about the erosion of traditional intelligence practices and compromised decision-making integrity. These challenges underline the ethical and operational dilemmas posed by the use of AI in modern warfare.

Tenstorrent and the State of AI Hardware Startups
Here is an excellent (and entertaining) analysis of Tenstorrent and why, according to

, Tenstorrent is one of the few AI hardware startups that makes sense. The piece explains in detail what Tenstorrent brings to the table and why they are probably the only AI hardware startup capable of breaking Nvidia’s and semi-custom (Google TPU, Amazon Trainium, Microsoft Maia) silicon moats. The post also contains a good analysis of the AI hardware startup ecosystem.

Performance of LLMs on Advent of code 2024
Over December, thousands of programmers were solving Advent of Code—an annual Christmas-themed series of coding challenges. Many used this as an opportunity to build their own coding agents and see how good they are at solving sometimes very challenging algorithmic problems. This post shares the results of one such experiment, which used GPT-4o, Gemini 1.5 Pro and Claude 3.5 Sonnet.

ChatGPT search vs. Google: A deep dive analysis of 62 queries
How does ChatGPT Search compare to Google Search? Here is a deep dive analysis comparing both search engines across 62 queries in various categories. The conclusion of this analysis is that Google Search remains the better solution for most searches, with ChatGPT Search being surprisingly competitive when it comes to informational queries.

If you’re enjoying the insights and perspectives shared in the Humanity Redefined newsletter, why not spread the word?

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Nvidia’s next move: Powering humanoid robots
After conquering AI, Nvidia is focusing on the next big thing: robotics. Nvidia aims to be an OEM supplier, supporting the global community of robot makers rather than competing directly with manufacturers such as Tesla. The company took steps towards this goal in 2024 and it looks like to double down on this approach in 2025 with the launch of a new generation of compact computers for humanoid robots, called Jetson Thor, in the first half of the year.

Figure AI ships Figure 02 humanoid robots to a paying customer
Brett Adcock, the CEO of Figure AI, shared on LinkedIn that the robotics startup has become revenue-generating and has delivered its Figure 02 humanoid robots to an undisclosed commercial client. Figure AI emerged from stealth in January 2023 and has rapidly developed, iterated, and tested humanoid robots. In 2023, the company raised $70 million in Series A funding and later secured a $675 million Series B round in 2024, with OpenAI among its investors.

BYD officially enters humanoid robot race as global talent search kicks off
A new player is entering the already crowded humanoid robotics scene. BYD, a leading Chinese EV maker, is joining the field of humanoid robots. Aside from announcing a global recruitment programme to attract top talent, targeting master’s and doctoral graduates from 2024–2025, details about BYD’s humanoid robot remain sparse.

Saudi Arabia invests in robots to help build its Neom desert megacity
Saudi Arabia is currently in the midst of several ambitious construction projects, including the Line megacity and the twin skyscrapers Epicon. The recently secured bid to host the FIFA World Cup 2034 is only set to fuel the country’s construction boom further. To tackle the massive projects ahead, Saudi Arabia is turning to robotics to help speed up construction and has made a significant investment in Europe’s GMT Robotics through Neom’s strategic investment arm, the Neom Investment Fund (NIF).

The future of mRNA: companies and trials to watch in 2025
The Covid-19 vaccines have propelled mRNA vaccines into the spotlight. This article explores what can we expect from mRNA vaccines in 2025. Companies like Moderna and BioNTech are focusing on personalized cancer vaccines and HIV treatments, while Pfizer is leveraging its infrastructure for flu, shingles, and rare disease therapies. Other players, such as CureVac and Arcturus, are exploring second-generation mRNA technologies and novel delivery methods.

Genetically edited mosquitoes haven’t scaled yet. Why?
Mosquitoes are among the deadliest organisms, responsible for spreading diseases such as malaria, dengue fever, and the Zika virus. In this post,

explains the concept of gene drives—a method of genetically modifying mosquitoes to either suppress their populations or introduce anti-pathogenic genes, potentially eliminating their ability to transmit deadly diseases. While gene drives hold significant promise, the article provides an overview of their mechanisms and highlights the technical challenges (e.g., resistance development and species-specific variability), ecological risks, and ethical concerns tied to their deployment.

In 2025, People Will Try Living in This Underwater Habitat
Science fiction is full of underwater habitats where people live and work tens or hundreds of metres below the surface. British startup Deep is on a mission to make that futuristic vision a reality, with the first step being the launch of Vanguard, a rapidly deployable, expedition-style underwater habitat the size of a shipping container, capable of housing three people at depths of about 100 metres. Testing is scheduled to begin in the first quarter of 2025. The startup then plans to launch Sentinel, a permanent modular habitat system, in 2027. Deep hopes that its permanent underwater habitats will benefit marine science and drive advancements in marine engineering and advanced manufacturing techniques.

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Noticias

6 mejores características de Géminis para probar su Google Pixel 9

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Si es un usuario de Google Pixel 9, tiene acceso a varias funciones habilitadas para AI en su teléfono. Desde editar sus fotos “mágicamente” hasta traducir el texto en pantalla, permítame mostrarle de lo que su teléfono es capaz, gracias a la IA.

Edite sus fotos con Magic Editor en Google Photos

En la aplicación Google Photos en su Pixel 9, tiene acceso a una función llamada Magic Editor. Esta característica habilitada para AI le permite mover, cambiar el tamaño, reinventar y eliminar objetos de sus fotos. A diferencia de otras aplicaciones de edición, esta función reconoce inteligentemente qué objeto desea seleccionar en sus fotos.

Para usarlo, inicie Google Photos en su teléfono. Toque una foto para que se abra en su tamaño completo. Desde la barra inferior, seleccione “Editar”. En la esquina inferior izquierda, toque el ícono del editor Magic para acceder a la función.

Ahora puede usar varias opciones en pantalla para editar su foto. Por ejemplo, para jugar con un objeto en su foto, toque y aguanta, o dibuje un círculo a su alrededor. Ahora puede moverse y cambiar el tamaño de este objeto. También puede eliminar este objeto de su foto tocando “borrar”.

Resumir grabaciones de audio largas en la aplicación de grabadora

Si tiene grabaciones largas guardadas en la aplicación de grabadora de su teléfono, puede usar una función AI para obtener un resumen de texto de todas esas grabaciones. Esto le permite resumir sus largas reuniones, entrevistas y otro contenido.

Relacionado

Cómo uso AI para transcribir y organizar mis notas de voz

Nunca vuelva a perder sus pensamientos espontáneos al azar.

Para hacer eso, abra la aplicación de grabadora en su teléfono. Debe habilitar la copia de seguridad de la nube para que la función funcione. Para hacer eso, en la esquina superior derecha de la aplicación, toque su icono de perfil y elija “Encender la copia de seguridad”.

En la pantalla principal, seleccione la grabación para resumir. En la pantalla de reproducción, acceda a la pestaña “Transcripción”. En la parte superior de la pestaña, toque “Resumir”. Verá un resumen de texto de su grabación en su pantalla.

Si su grabación seleccionada es demasiado corta, la aplicación dirá que no puede resumirla.

Identificar y obtener más información sobre cualquier objeto en la pantalla de su Pixel 9

Pixel 9 ofrece una función de círculo a búsqueda que le permite identificar y obtener más información sobre cualquier objeto en pantalla. Por ejemplo, si ve una foto de una planta en su pantalla, pero no sabe qué planta es, el círculo a la búsqueda puede darle más información al respecto.

Para usar esa función, acceda a la pantalla donde se encuentra su objeto. Toque y mantenga presionado el botón de inicio en su teléfono. Luego, toque el objeto en la pantalla o dibuje un círculo que cubra el objeto.

En la mitad inferior de su pantalla, Google mostrará más información sobre su objeto seleccionado. Todavía puede ver el objeto original en la mitad superior de la pantalla.

Traducir texto de un idioma a otro en cualquier pantalla

Si bien puede usar la aplicación Google Translate para realizar traducciones de texto, eso requiere que copie el texto y lo pegue en esa aplicación. Afortunadamente, los usuarios de Pixel 9 pueden usar una función de traducción en pantalla. Esta característica traduce automáticamente el texto en pantalla al inglés (o el idioma de su elección) directamente en la pantalla en la que se encuentra, sin necesidad de abrir ninguna aplicación.

Relacionado

¿Chatgpt es un mejor traductor que el traductor de Google?

¿ChatGPT ha superado a Google Translate en su propio trabajo?

Para usar esa función, en su teléfono, diríjase a Configuración> Sistema> Traducir en vivo. Encienda la alternancia “Use Live Translate”. Seleccione “Traducir a” y elija el idioma al que desee que se traduzca el texto.

Abra una aplicación donde tenga texto en el idioma extranjero. En la parte superior de la pantalla, verá un aviso que le permite traducir el texto en su pantalla.

Use la carga adaptativa para reducir el desgaste de la batería

La función de carga adaptativa permite que la batería de su Pixel 9 dure más al reducir la velocidad de carga. La forma en que funciona es que cuando carga su teléfono durante la noche, la función ralentiza la carga y solo lleva su teléfono al 100% cuando está a punto de despertarse (aprende del uso de su teléfono cuando se despierta). Esto reduce el desgaste de la batería de su teléfono.

Para usar esa función, Configuración de acceso> Batería> Optimización de carga y habilite “Use la optimización de carga”. Luego, encienda “carga adaptativa”.

Otra opción que puede usar es “Límite al 80%”, que, como su nombre lo indica, solo cobra su teléfono al 80%.

Identifique cualquier canción que te toque justo en tu pantalla de bloqueo

Pixel 9 ofrece una función de reproducción que te muestra los nombres de las canciones que te rodean. Reconoce automáticamente esas canciones y muestra sus nombres directamente en la pantalla de bloqueo de su teléfono, sin exigirle que haga nada.

Relacionado

Cómo hacer una lista de reproducción de la historia de “Now Playing” de tu píxel

Ahora puede agregar canciones identificadas por “ahora tocando” en los teléfonos de Google Pixel a una lista de reproducción. Aquí le mostramos cómo hacerlo.

Para habilitar la función, diríjase a Configuración> Sound & Vibration> ahora tocando y enciende “Identifique canciones tocando cerca”. Luego, para ver las canciones que esta característica ha identificado hasta ahora, toque “ahora tocando la historia”.


Y así es como utiliza sus diversas funciones de IA incorporadas en su Pixel 9 para facilitar su vida. Hay otras características de píxeles que debe consultar para aprovechar al máximo su dispositivo.

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Noticias

Hidock H1 Chatgpt con altavoz y un muelle con transcripción de IA

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A medida que más usamos reuniones de video y llamadas telefónicas en lugar de reuniones cara a cara, existe una creciente demanda de teléfonos de altavoces inteligentes y estaciones de acoplamiento que pueden proporcionar un centro de comunicaciones para grabar llamadas y transcribirlas en mensajes de texto y resúmenes de entrevistas y reuniones. Los periodistas aprecian particularmente este tipo de tecnología porque puede liberarlos de la tiranía de la notificación, lo que les permite centrarse en la conversación.

Escondite es una compañía que fue fundada en 2014 y ha desarrollado tecnología Audio DSP avanzada que se aplicó a más de 500,000 dispositivos en varios sectores, que van desde electrodomésticos inteligentes hasta automóviles y dispositivos de teleconferencia.

El Hidock H1 es la combinación de una estación avanzada de altavoces y acoplamiento que compite con el muelle logi de Logitech. Ha sido diseñado para impulsar la productividad en forma de un muelle compacto 11 en 1 por ChatGPT. El H1 puede transformar conversaciones grabadas en transcripciones completamente estructuradas y también puede capturar ideas, notas y resúmenes de reuniones de cualquier fuente de audio utilizando el poder de la inteligencia artificial.

El nuevo Hidock H1 ha sido diseñado específicamente para profesionales de negocios, creadores de contenido y estudiantes que podrían asistir a conferencias en línea. Es adecuado para cualquier persona que necesite tomar notas o transcribir una conversación. El H1 utiliza la última tecnología AI para aumentar la productividad, eliminando la necesidad de notas de papel desaliñadas.

Sin embargo, el H1 afirma ser más que un altavoz avanzado. También es una personalización personal inteligente que puede aprovechar la tecnología CHATGPT para hacer transcripciones y resúmenes inteligentes de IA. Al presionar un botón, los usuarios pueden capturar conversaciones importantes y el audio puede transcribirse automáticamente y resumir utilizando software patentado llamado Hinotes.

La combinación de ChatGPT y Hinotes permite a los usuarios mantenerse enfocados en reuniones y conversaciones importantes en lugar de distraerse con la necesidad de tomar notas. El contenido y los detalles importantes se capturan fielmente para un escrutinio más cercano después de que la llamada haya terminado. Las conversaciones se almacenan en el almacenamiento flash interno del H1. Cada grabación puede durar hasta cuatro horas.

El H1 también tiene la tecnología de Hidock llamada cancelación de ruido bidireccional que minimiza los sonidos de distracción de ambos extremos de una conversación. En otras palabras, cancela el ruido en la habitación donde se realiza la llamada y limpia la calidad de la llamada de la persona en el otro extremo de la llamada. La tecnología es un paso adelante de las tecnologías de cancelación de ruido activas estándar a las que nos hemos acostumbrado porque proporciona una claridad mejorada tanto para el altavoz como para el oyente.

El Hidock H1 también puede aumentar la productividad más allá de la sala de conferencias. Al usar la última tecnología Bluetooth 5.2, el H1 puede conectarse con teléfonos inteligentes, permitiendo a los usuarios grabar sus conversaciones telefónicas, podcasts y otros audio, como una conferencia o reunión. Esta característica proporciona otra capa de conveniencia con el audio transcrito en un conjunto de notas bien estructuradas.

La segunda característica de este altavoz de alta gama es su capacidad para funcionar como un centro. El Hidock H1 es una estación de acoplamiento 11 en 1 con cuatro puertos USB-C, un puerto USB 3.2, un puerto USB 3.0, dos puertos HDMI, Ethernet de 2.5 Gbps y dos ranuras para tarjetas de memoria que se pueden usar para obtener archivos de audio de una grabadora digital u otro dispositivo de grabación.

El diseño de las características de acoplamiento del H1 permite que los dispositivos y periféricos esenciales se conecten a una computadora portátil para la productividad simplificada. El Hidock H1 también incluye un auricular con clip que se conecta al H1 a través de un protocolo patentado que mejora la seguridad de las llamadas y garantiza la privacidad cuando el altavoz del H1 podría distraer a los colegas o si la privacidad es esencial para las llamadas personales. El auricular permite a los usuarios tomar breves descansos durante las largas reuniones mientras siempre están conectados.

El Hidock H1 es lo suficientemente compacto como para ser portátil y llevado a cualquier parte. Puede convertir un escritorio caliente o una cápsula de oficina en un centro de comunicaciones. Con su diseño fácil de usar y ergonómico, así como la integración revolucionaria de ChatGPT, el Hidock H1 es una aplicación útil de IA que puede ahorrar tiempo y aumentar la productividad.

El secreto del poder del H1 es Hinotes, el software con alimentación de chatgpt que utiliza IA para convertir las llamadas y las reuniones en texto editable. Cualquiera que compre el Hidock obtendrá minutos ilimitados de transcripción, cuatro plantillas de resumen, múltiples opciones de motor de IA, marca de voz, transcripción de exportación y resumen en formato TXT, integración de calendario y soporte para 75 idiomas.

Para los usuarios pesados ​​del servicio de transcripción, también hay un nivel de membresía profesional de Hinotes que cuesta $ 12.99 por 1,200 minutos de transcripción de audio o un pago anual de $ 199 proporciona una transcripción ilimitada de un año. La membresía Pro también proporciona identificación de altavoces, plantillas de resumen de IA ilimitadas y personalización. Las transcripciones se pueden exportar en formatos TXT, CSV, SRT, Markdown, Word y PDF y el Servicio también se integra con Google Docs, OneNote y el software de traducción de resumen de nociones.

Precios y disponibilidad:

El Hidock H1 está disponible ahora y los precios comienzan en $ 269.

Características:

  • Estación de acoplamiento 11 en 1.
  • 100% de registro automático, transcribir, resumen.
  • Resumen de la reunión de IA impulsado por GPT-4.
  • Cancelación de ruido bidireccional.
  • 118W PD Cargo rápido.
  • Aplicación complementaria gratuita y compatible con OTA.
  • Auricular inalámbrico incluido.

Especificaciones tecnológicas:

  • Compatibilidad: Windows, MacOS, Linux, iOS, iPados, Android, Zoom, equipos de Microsoft, Google Meet, Discord, FaceTime, WhatsApp.
  • Conectividad: potencia para una computadora portátil hasta una carga de 100W.
  • Video: 2 x HDMI V 2.0 (4K @ 60Hz HDR).
  • Ethernet: 2.5 Gigabit.
  • Tarjetas de memoria: SD 4.0 y MicroSD 4.0 (UHD-II).
  • USB-A x 2.
  • USB 3.2 Gen2 (10Gbps) x 1
  • USB 3.1 Genl (5Gbps) x 1
  • Potencia al teléfono celular: carga de hasta 18 vatios.
  • USB-C x 2.
  • USB 3.2 Gen2 (10Gbps) x 1.
  • USB 3.2 Gen2 (10Gbps) x 1 con una carga de hasta 18 W.
  • USB-C Upstream X1.
  • DC Power (20V, 7.5a).
  • Cancelación de ruido bidireccional basado en audio Al para micrófono y altavoz.
  • Tipo de cancelina de ruido: mecanografía de teclado, ladridos de perros, ruido de la calle, ruido de fondo de la oficina, ruido del viento.
  • Conductores: Tweeter 5W, controlador de banda completa de 7W y radiador pasivo.
  • Dimensión (H x W x D): 72.4 x 178 x 93.5 mm.
  • Peso: 480 g.
  • Acabados: pizarra gris/gris platino.
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Is It Safe for Crypto and Bitcoin Trading?

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Gemini Exchange is a fully regulated cryptocurrency platform based in New York. It allows you to buy, sell, and store over 70 digital assets, including Bitcoin and Ethereum. Gemini is known for its strong security standards and simple user interface. The best features of the Gemini exchange are the mobile trading app, insured custody service, institutional-grade security, ActiveTrader platform, Gemini Wallet, and staking services.

The benefit of using Gemini is that it offers a safe and compliant way to access the crypto market. You get both basic and advanced trading tools, along with protection for your funds. Hence, it is best for both beginners and experienced traders.

This Gemini review will cover what Gemini crypto exchange is, what the fees of Gemini are, and what the key features of Gemini are. We will also provide a step-by-step guide on how to create a new account on the Gemini Exchange to trade cryptocurrency and Bitcoin.

What Is the Gemini Crypto Exchange?

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Gemini is a crypto exchange and custodian established in 2014 by Cameron and Tyler Winklevoss. It has its main office in New York City but operates in more than 60 countries across the globe, such as the United States, Canada, the United Kingdom, South Korea, and Singapore. It allows trading in over 70 different cryptocurrencies, like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Gemini offers products and services for individual as well as institutional investors. There is the Gemini Mobile app that enables users to trade on their mobile devices and has a simple interface for buying, selling, and holding digital assets. There is also an upgraded ActiveTrader platform, which has enhanced charting features as well as multiple order types. Institutions can also use Gemini Custody. It is an insured storage solution for digital assets.

The exchange is extremely secure. It is SOC 1 Type 2 and SOC 2 Type 2 certified, as well as adhering to ISO/IEC 27001:2013 standards. Also, the exchange demands 2FA as well as hardware security keys for additional login security measures. Plus, address allowlisting is available on the platform. This allows users to limit cryptocurrency withdrawals only to pre-authorized addresses.

Name Gemini Exchange
Founded 2014
Founders Cameron Winklevoss, Tyler Winklevoss
Headquarters New York City, USA
Availability 60+ countries, including all U.S. states
Supported Cryptos 70+ (BTC, ETH, SOL, etc.)
Trading Platforms Gemini Exchange, Gemini App, ActiveTrader
Security Certifications SOC 1 Type 2, SOC 2 Type 2, ISO/IEC 27001:2013
Security Features 2FA, hardware keys, address allowlisting, cold storage, device management
Regulation Regulated by NYDFS
Fees (Standard Platform) 1.49% transaction + 1.00% convenience fee
Fees (ActiveTrader) 0.2% maker and 0.4% taker
Staking Support ETH, SOL, MATIC (limited availability by region)
Payment Methods ACH, wire, debit card, PayPal, Apple Pay, Google Pay, crypto
Withdrawal Limits (ACH) $100,000 daily
Debit Card Limits $1,000 daily
Publicly Traded No
Insurance Coverage Hot wallet insurance
User Base 5.7 million+ users

Sign up on Gemini today and start trading Bitcoin and 70+ cryptos with top-tier security and a user-friendly mobile app.

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What Are the Pros and Cons of Gemini?

Pros of Gemini:

The pros of Gemini are strong security measures, licensing in the U.S., a user-friendly interface, advanced trading tools, and institutional-grade custody services.

  • High-Security Measures: Gemini uses stringent security protocols. It is SOC 1 Type 2 and SOC 2 Type 2 compliant. Two-factor authentication and hardware keys are also available on the exchange. Address allowlisting is used by the exchange to avoid unauthorized withdrawals.
  • Regulated in the U.S.: Gemini is an exchange that is licensed and regulated in the U.S. It is operated under the New York State Department of Financial Services (NYDFS). This offers you an added level of trust and protection when using the exchange. Not many crypto exchanges are compliant to this extent.
  • Ease of Use: Gemini offers a clean and easy interface on both mobile and web. New investors can comfortably purchase, sell, and hold cryptocurrencies. Its layout caters to both experienced and new investors alike.
  • Advanced Trading Platform: Gemini also provides an ActiveTrader platform for advanced users. It features advanced charting options, several types of orders, and quick trade execution. It provides greater control on trades. It is suitable for professionals and high-frequency traders.
  • Institutional-Grade Custody Solutions: Gemini Custody offers insured cold storage solutions. Institutions can store large amounts of cryptocurrency with added security. It supports audit trails and secure reporting. This attracts hedge funds and financial firms.

Cons of Gemini:

The cons of Gemini are a limited selection of coins, the unavailability of derivatives trading in the U.S., and limited staking options.

  • Limited Coin Offering Compared to Others: Gemini supports more than 70 cryptocurrencies. Other platforms like Bybit or Binance trade more. Some newer coins or tokens are not supported by Gemini. This restricts trading opportunities for some individuals.
  • Not all features are offered in all regions: Certain Gemini products, such as derivatives, are not offered in the U.S., U.K., and EU. You might not be able to access full platform features based on your location. This is mainly due to regulatory restrictions in different countries.
  • Limited Staking Opportunities: Gemini does support staking but only allows staking in 3 cryptocurrencies (ETH, SOL, and MATIC). Other staking platforms provide more extensive staking services and better yields. Passive income opportunities are therefore, capped.

What Countries Are Supported and Restricted by Gemini?

Gemini supports users in over 60 countries, including all 50 U.S. states. The platform is also available in regions across North America, South America, Europe, Asia, Oceania, and Africa. So, does Gemini work in New York? Yes, Gemini is also available in New York for buying and selling crypto. However, Gemini Derivatives is not available to customers in the United States, the United Kingdom, or the European Union.

Gemini is restricted in certain countries due to sanctions or regulations, such as Afghanistan, Iran, Iraq, Libya, North Korea, Pakistan, Sudan, Syria, and Yemen.

What Is the Net Worth of Gemini Exchange?

The net worth of Gemini Exchange is $7.1 billion. This was after the November 2021 funding round worth $400 million. Morgan Creek Digital headed the funding, making it Gemini’s first outside funding. Remember, $7.1 billion was the market value of the company at that moment. It may be different based on market trends as well as investments in the future. 

Note: There has been no new valuation for the company since 2021, making $7.1 billion the latest publicly available value.

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What Are the Fees of Gemini?

The fees on Gemini include trading fees, deposit and withdrawal fees, transaction fees, ActiveTrader fees, and custody fees.

Register now and use Gemini’s ActiveTrader platform for faster trade execution, lower fees, and advanced charting tools for serious crypto trading.

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Gemini Trading Fees

Gemini offers three main types of orders: instant orders, recurring orders, and limit orders. If you use the standard Gemini platform, a 1% convenience fee is added to the quoted price for each trade. Each type has its own fee structure:

Order Type Order Amount Transaction Fee Convenience Fee
Instant Order Any Amount 1.49% 1.00%
Recurring Order Any Amount 1.49% 1.00%
Limit Order Any Amount 1.49% 0.00%

Gemini Withdrawal and Deposit Fees

Gemini does not charge any fee when depositing money with ACH transfers or wire transfers. They make it easy and inexpensive to transfer money into your account through your bank account. If you do decide to deposit money with your debit card, you may pay some percentage of the value of the transaction.

For withdrawals, there are no costs if you make ACH transfers to withdraw funds to your bank account. Wire withdrawals, on the other hand, are charged a single $25 fee per transaction. The fee does not vary with the amount you withdraw.

All deposits made into your Gemini wallet are zero-cost. Gemini does not charge you to send crypto from an outside wallet or exchange into Gemini. When you make withdrawals from your Gemini account in the form of blockchain cryptocurrency, the charge is not static; rather, it is dynamic and will depend on the traffic on the current blockchain network and associated costs. Those network costs will vary based on what asset you are sending and how congested the blockchain is when you make the transfer.

What Are the Withdrawal and Deposit Limits on Gemini?

You are allowed to deposit up to $5,000 daily into your Gemini account through ACH transfers. Your ACH monthly deposit limit stands at $30,000. You can withdraw up to $100,000 daily from your linked bank account through ACH withdrawals. The above limits apply to all verified accounts and are imposed automatically.

Gemini has a $1,000 daily limit on debit card buys regardless of whether you make one purchase or spread the transaction out among several buys. Withdrawals in cryptocurrencies need to be made with a minimum of $10 or the blockchain network’s required amount. 

Gemini instant withdrawal is available for crypto assets without any delays, however, fiat withdrawals may take 1-5 business days, depending on the withdrawal method.

Gemini Transaction Fees

Gemini charges a 1.49% transaction fee on all order types. If you buy crypto using a debit card, the exchange adds a 3.49% fee. When you use PayPal to deposit funds, Gemini applies a 2.50% fee.

Gemini ActiveTrader Fees

Gemini’s ActiveTrader platform gives lower fees to users with higher trading volumes. The maker fee starts at 0.2% and can go down to 0.00% as your 30-day volume increases. The taker fee starts at 0.4% and can be reduced to 0.03%.

Gemini Custody Fees

Gemini Custody charges a fee of 0.4% or $30 per month per asset, whichever amount is higher. The fee is charged on the value of the assets that you hold with Gemini. If you want to transfer assets from custody to the exchange, Gemini will charge you an administrative fee of $125 for each transfer. Gemini does not charge any setup fee or minimum account balance to open an account with custody.

What Are the Key Features of Gemini Exchange?

The key features of the Gemini exchange are the Gemini mobile app, Gemini crypto wallet, and Gemini staking services. 

Start your crypto journey with Gemini – a safe, regulated exchange built for both beginner and professional traders.

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Here is a detailed overview of each feature:

Gemini Mobile App

The Gemini mobile application is a user-friendly and secure app to purchase, sell, and manage cryptocurrencies using your phone. It is accessible for use on both iOS and Android devices. You can view market prices in real-time, manage your portfolio, and make trades instantly.

Gemini has created the app with robust security measures. It features two-factor authentication and supports fingerprint or face ID login. The exchange keeps your funds safe through insured hot wallets and offline cold storage. You can sign up right from the app, and following verification, you can trade more than 70 cryptocurrencies with clear charts viewed in the app. You can use candlestick displays for further analysis, and for information about price changes, you can have alerts set up and receive real-time notifications.

Gemini also allows you to schedule recurring purchases through the app. You can set a fixed amount and date, which facilitates regular investing. Gemini also has privacy features. You can hide balances from view on your screen, particularly while using the app in public.

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Gemini Crypto Wallet

Gemini provides an easy-to-use and secure crypto wallet for handling your crypto assets. Gemini Wallet supports multiple cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), and others, so you can store, send, and receive your digital assets quickly.

The wallet utilizes best-in-class protections, including insurance protection against specific loss types from the hot wallet. For institutional investors, the Gemini Custody Wallet offers a regulated, secure, and compliant wallet solution for holding digital assets. It leverages multi-signature technology and role-based governance mechanisms and requires multiple layers of biometric authentication to secure assets.

Gemini Staking

​Gemini Staking provides you with an opportunity for passive earnings through staking cryptocurrencies such as Ethereum (ETH), Polygon (MATIC), and Solana (SOL). You can earn rewards while supporting the security of blockchain networks. Your staking rewards depend upon the specific blockchain protocol and can fluctuate based on the size of your total staked tokens and overall network conditions. Gemini takes out 15% of your rewards for operational expenses and services.

For experienced customers who prefer to have more control and on-chain transparency, Gemini offers Staking Pro. Staking Pro demands at least 32 ETH in the staking account, and you will get dedicated validators and detailed insights into staking operations. Staking Pro is mainly best for institutional customers or those who have large holdings.

Also, please be aware that although Gemini Staking offers support for various cryptocurrencies, staking services can be unavailable in specific regions. For example, staking for SOL is not offered to customers from the United States or the United Kingdom.

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How to Create a New Account on Gemini Exchange to Trade Cryptocurrency and Bitcoin?

To create a new account on the Gemini exchange to trade cryptocurrency and Bitcoin, you need to open a new Gemini account, complete KYC verification, deposit funds, and start trading crypto.

Step 1: Create a Gemini Account

First, you must go to Gemini’s official website. From there, you can click on “Get Started”. Gemini will prompt you to select an individual or an institutional account. If you’re an individual trader, opt for an individual account. You need to input your complete name, a valid email address, and a password. In the promo code field, our Gemini referral code can be used to receive the free crypto sign-up bonus reward.

Create your Gemini account now to access secure crypto trading, insured wallets, and easy deposits with ACH or wire transfers.

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Once you have submitted this information, Gemini will send an email for verification. You should click on the verification email to activate your account and verify your email address by following the verification link.

 

create-a-gemini-accountcreate-a-gemini-account

Step 2: Complete KYC verification

Gemini asks you to fulfill the KYC process to adhere to U.S. regulations and avoid fraud. You need to log in and visit your account settings page and verification page. The exchange will request personal information such as your whole legal name, residence address, date of birth, and Social Security Number (for U.S. citizens).

Gemini also needs you to upload an official photo ID issued by the government, such as a passport or driving license. Sometimes, it asks for an address verification, such as an electricity bill or bank statement. It typically takes a few business days to review the documents. When verified, an email confirmation is sent, and your account becomes active.

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Step 3: Make Fiat or Crypto deposits

After Gemini has verified your account, you can fund it. Gemini permits you to deposit U.S. dollars or accepted cryptocurrencies. You have to sign in and then select “Deposit” and pick your currency and payment method. You can deposit USD by using ACH bank transfers or wire transfers or by directly linking your bank account. For ACH, you have to link your bank in the “Payment Methods” area and follow the directions.

If you prefer to deposit crypto, Gemini provides you with its wallet address. You can send coins from your outside wallet to your Gemini wallet using this.

make-fiat-or-crypto-deposits-on-geminimake-fiat-or-crypto-deposits-on-gemini

Step 4: Start Trading Cryptocurrency and Bitcoin

Once you have funds available, you can begin to trade. Gemini has 70+ cryptocurrencies available for you to trade, among them Bitcoin, Ethereum, Solana, and others. To trade, you should visit the “Trade” page. Here, you can pick the asset for which you’d like to trade, press “Buy,” and input how much you’d like to spend.

You can opt for a one-time purchase or a recurring purchase plan. You will see the entire buying price, payment option, and fees for purchase broken down in advance when you finalize. If you’d prefer to sell, head to the same page, select the token, and click “Sell.”

Gemini also has an upgraded interface known as ActiveTrader. It is handy in case you desire to have access to trading charts, live order books, and different order types, like limit or TP/SL orders.

start-trading-cryptocurrency-and-bitcoin-on-geministart-trading-cryptocurrency-and-bitcoin-on-gemini

Is Gemini Exchange Safe and Legit for Crypto Trading?

Yes, Gemini is safe and legitimate for crypto trading with advanced security measures such as two-factor authentication, cold wallet storage, SOC 2 Type 2 and ISO 27001 certifications, address allowlisting, device management, encrypted communication, regular security audits, insurance coverage, and regulatory compliance.

How Trustworthy Is Gemini?

Gemini is a trustworthy crypto exchange with over 5.7M users in 60+ countries and is regulated by NYDFS. Here is a detailed overview of its security measures:

  • Two-factor authentication (2FA): Gemini employs 2FA on all user accounts. You must authenticate your login through an extra step beyond your password input. You can do this with authentication apps or with a physical device. This provides robust protection on your account if your password is compromised. Even if an attacker has your password, without the second authentication step, they cannot log in.
  • Cold Storage: Gemini keeps most crypto holdings in cold wallets. Cold wallets are not connected to the internet and are therefore secure against hacking online. Limited amounts are held in hot wallets to meet daily trading requirements. Cold storage provides several layers of physical protection and offline backups. Gemini employs secure vaults and access controls to control these wallets.
  • SOC 2 Type 2 and ISO 27001 Certified: Having these certifications implies that Gemini underwent independent audits of its security procedures. The exchange operates on worldwide standards when it comes to managing and safeguarding information. It also frequently updates its systems to resolve any known vulnerabilities.
  • Withdrawal Address Whitelisting: Gemini allows address allowlisting so you can control your withdrawals by selecting specific wallet addresses. If an individual attempts to withdraw to an unfamiliar address, the transaction is rejected. It provides you with greater control over the destination addresses your crypto can be sent to.
  • Device Management: Gemini records all devices that log into your account. If any unfamiliar device attempts to log in with a different IP, you will receive a warning. You can review your login records and eliminate unfamiliar devices. 
  • Encryption and Secure Communication: All communication from your side to Gemini is encrypted with secure communication protocols. Your login and personal data are shielded against being stolen during transmission. If the data is intercepted by an attacker, it is not readable to them. 
  • Regular Security Audits: Gemini performs regular security tests and audits. Experts attempt to identify vulnerabilities in the system before attackers have the opportunity to do so. Updates are also tested before being applied to live systems.
  • Insurance Coverage: Gemini provides insurance on funds kept in its hot wallet. The insurance protects against losses if an online fund is compromised by a security breach. The insurance does not protect against losses related to user errors, such as sending crypto to an incorrect address. However, it is beneficial if there are cyber attacks against the exchange.
  • Compliance with Regulatory Standards: Gemini abides by all the regulations put forward by regulatory bodies like NYDFS. To use the platform, you are required to verify your identity. The platform employs AML and KYC procedures to prevent illegal operations and identify customers. They report suspicious behavior to law enforcement when necessary.

Is Gemini a Good Crypto Exchange?

Yes, Gemini is a good crypto exchange. It is fully regulated in the U.S. and follows strict security standards. It offers a simple interface for beginners and advanced tools for traders. It provides insured custody services for institutions. These features make it a safe and reliable platform. Gemini also supports over 70 cryptocurrencies and is available in many countries. It’s clear compliance with U.S. laws adds trust. 

Although its fees are slightly higher and its coin selection is smaller than some competitors, its focus on security and regulation makes it a strong choice for both new and experienced crypto users. Also, if you are looking for other low-fee exchanges, you can check out our article on the best zero-fee crypto exchanges.

Create a Gemini account today to gain access to secure cryptocurrency trading, protected wallets, and quick deposits via ACH or wire transfers.

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Is Gemini Publicly Traded?

No, Gemini is not currently a publicly traded company. It remains privately held by its founders, Cameron and Tyler Winklevoss, along with some other private investors. As a private entity, Gemini does not have a stock ticker symbol, and its shares are not listed on public stock exchanges like the NYSE or Nasdaq.

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