Tag: AI chips

5 things about AI you may have missed today: PM Modi on ‘darker aspects of AI’, OpenAI developer meet, and more
Technology

5 things about AI you may have missed today: PM Modi on ‘darker aspects of AI’, OpenAI developer meet, and more

[ad_1] Today, December 12, is a major date for artificial intelligence aficionados in India as the nation hosts the fourth Global Partnership on Artificial Intelligence (GPAI) Summit in New Delhi. The event started today and will conclude on December 14. Prime Minister Narendra Modi spoke on the opening day and highlighted the danger of the darker aspects of AI. Pointing out the need for safeguards in AI, PM Modi said we need to “bridge the gap between theory and practice on AI”. In other news, OpenAI announced at the GPAI Summit that the company will hold a developer gathering in Bengaluru in January. This and more in today's AI roundup. Let us take a closer look.PM Modi speaks at GPAI SummitPM Modi emphasized the need for "extreme caution" when dealing with the darker aspects of AI du...
Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom
Technology

Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom

[ad_1] Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts' estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom. Revenue in the current period will be about $20 billion, the world's most valuable chipmaker said Tuesday in a statement. Though that topped the average Wall Street prediction of $17.9 billion, some projections reached as high as $21 billion. The shares fell 3% to $484.42 in New York on Wednesday, the biggest intraday drop in three weeks.  We are now on WhatsApp. Click to join While Nvidia posted another quarter of impressive growth, some investors were clearly anticipating more. They have poured money into the stock this year — sending it up...
France’s Le Maire Says Nvidia’s AI Dominance Stifles Competition
Technology

France’s Le Maire Says Nvidia’s AI Dominance Stifles Competition

[ad_1]  Nvidia Corp.'s dominance in artificial intelligence is causing “growing inequalities” between countries and is stifling fair competition, French Finance Minister Bruno Le Maire warned.“Having just one single country with all the technologies, all the private companies, all of the devices, all the skills, would be a failure for all of us,” Le Maire told reporters at the UK's AI Safety Summit in Bletchley Park, north of London. He said 92% of graphics processing units — AI accelerators — are owned by Nvidia.  We are now on WhatsApp. Click to join. The European Union is examining alleged anticompetitive abuses in chips used for AI, a market that's dominated by Nvidia Corp, Bloomberg reported in September. The US company's dominant role in supplying chips for artificial intelligence...
Google, Nvidia Back AI Startup That Helps Combat Chip Shortage
Technology

Google, Nvidia Back AI Startup That Helps Combat Chip Shortage

[ad_1] Nvidia Corp. and a Google venture fund have joined a seed round of funding for a startup that helps developers squeeze more computing power out of specialized processors used to train AI, potentially alleviating a major logjam for the burgeoning field.CentML, which builds software to help machine learning systems work more efficiently, raised $27 million from investors including Google's Gradient Ventures and Radical Ventures. Deloitte Ventures and Thomson Reuters Ventures also took part in the financing, the startup said in a statement. The Toronto-headquartered startup aims to address one of the biggest bottlenecks in AI development, a shortage of the graphic processor units from Nvidia and its rivals that process the enormous amounts of data required to train and run AI system...
5 things about AI you may have missed today: AI data workers demand protection, AI MRI tools, more
Technology

5 things about AI you may have missed today: AI data workers demand protection, AI MRI tools, more

[ad_1] Today, October 24, turned out to be a pivotal day in the field of artificial intelligence. In the first incident, data workers in the US who are training AI have written an open letter to the policymakers urging them to safeguard their rights and livelihoods. This comes ahead of the second AI Insight Forum which is going to be hosted by the US Senate with AI leaders. In other news, a new study has assessed AI-based imaging techniques to diagnose multiple sclerosis. This and more in today's AI roundup. Let us take a closer look.AI data workers write an open letter to the US SenateIn a letter directed to Senator Chuck Schumer (D-NY), who serves as the Senate Majority Leader, laborers and organizations representing civil society have called upon Congress to protect against a "dystop...
5 things about AI you may have missed today: Chatbots spreading racist medical ideas, new AI investment tool, and more
Technology

5 things about AI you may have missed today: Chatbots spreading racist medical ideas, new AI investment tool, and more

[ad_1] AI Roundup: Cryptocurrency exchange platform Bitget announced the launch of its latest AI tool called Future Quant, which leverages AI technology and sophisticated algorithms to provide users with info to take informed investment decisions. In a separate development, the Philippine military has been instructed to cease using AI apps due to potential security risks. All this, and more in today's AI roundup.1. Bitget introduces AI-powered toolCryptocurrency exchange platform Bitget announced the launch of its latest AI tool on Friday. As per a release, the AI tool, called Future Quant, leverages AI technology and sophisticated algorithms to provide users with premium portfolios and informed investment decisions. Bitget says that Future Quant does not require any human input and it ...
5 things about AI you may have missed today: AI-powered crypto wallet, Deloitte unveils AI chatbot, and more
Technology

5 things about AI you may have missed today: AI-powered crypto wallet, Deloitte unveils AI chatbot, and more

[ad_1] AI Roundup: The US will close loopholes on exporting AI chips to China, building on previous restrictions implemented last October. In a separate development, Bloomberg Tax & Accounting launched its AI Lab, offering AI-driven tools like an LLM combined with Bloomberg Tax Research for question-and-answer services. Deloitte also unveiled its AI chatbot internally which can assist professionals with responses and insights.All this, and more in today's AI roundup. 1. US to close loopholes, curbing AI chip exports to ChinaThe US will attempt to close loopholes that circumvent government restrictions and allow American chipmakers to export AI chips to China, Reuters reported on Monday. “The new rules will block some AI chips that fall just under current technical parameters while d...
5 things about AI you may have missed today: AI-generated child abuse images to Meta’s AI chip chief’s departure, more
Technology

5 things about AI you may have missed today: AI-generated child abuse images to Meta’s AI chip chief’s departure, more

[ad_1] In some of the day's biggest artificial intelligence news, it has been reported that UK and US have united against AI-generated child abuse images; AI Algorithm have achieved 90% accuracy in detecting signs of life; a paralysed man has regained movement through AI brain implants; Cloudflare has unveiled AI tools for seamless model deployment and cost management- this and more in our daily roundup. Let us take a look.1. UK and US unite against AI-generated child abuse imagesThe UK and US have joined forces to combat the surge in AI-generated child sexual abuse images. According to Gov.UK, Home Secretary Suella Braverman and US Homeland Security Secretary Alejandro Mayorkas pledged to cooperate and develop solutions against this disturbing content. They have urged other nations to ...
Meta executive leading AI chip efforts to leave position – sources
Technology

Meta executive leading AI chip efforts to leave position – sources

[ad_1] A Meta Platforms executive overseeing the company's efforts to develop its own chips for artificial intelligence work is leaving her position at the end of the month, according to two sources familiar with the matter.Alexis Black Bjorlin, vice president of infrastructure at Meta and a veteran of chip companies Broadcom and Intel, headed a team charged with designing a custom chip to handle a range of AI work, a key part of company's efforts to overhaul its sprawling network of data centers for an era dominated by chatbots and image generators. She is leaving her position at the month but not immediately leaving the company, one of the sources said. Yee Jiun Song, Meta's vice president of engineering, will take over her role, and the company will continue its efforts to develop it...
5 things about AI you may have missed today: AI-art copyright, AI in classrooms and much more
Technology

5 things about AI you may have missed today: AI-art copyright, AI in classrooms and much more

[ad_1] US Federal Judge rules AI-generated art is uncopyrightable; UK PM Rishi Sunak allocates 100 mn euros for AI chips in global computing race; Study reveals 40% of workers need reskilling in 3 years due to AI; IIT Madras aims to secure 25 gold medals in 10 years with AI training solutions- this and more in our daily AI roundup. Let us take a look. 1. US Federal Judge rules AI-generated art can't be ‘copyrighted' A US Federal Judge, Beryl A. Howell, has declared that AI-generated art cannot be copyrighted. This ruling came in response to a lawsuit against the US Copyright Office by Stephen Thaler, who sought copyright for an AI-generated image, the Verge reported. Judge Howell stated that copyright requires human authorship and that AI lacks the necessary human touch. However, she re...