Sam Altman on AI's future, Elon Musk's startup, Apple's chips, and selling Nvidia stock: AI news roundup
The artificial intelligence race wouldn’t be full speed ahead without chips. And that in itself is becoming a race between companies — and even governments. On Monday, the Biden administration announced it was allocating $285 million in CHIPS and Science Act funding to companies that can establish and operate an institution focused on so-called digital twins, or virtual models, of semiconductors. Digital twins can make chip manufacturing faster and cheaper — something the U.S. is interested in as it competes with China.
Meanwhile, Apple is reportedly developing AI chips with Taiwan Semiconductor Manufacturing Company, allowing it to run AI software on its own chips in data centers. Apple also announced its latest iPad Pro with a new chip, the M4, that it says will boost the efficiency of AI applications on the device.
Check out these stories and more from the week in AI news.
The ‘godmother of AI’ says stop worrying about an AI apocalypse
Fei-Fei Li, is a computer scientist who created a massive database, ImageNet, that laid the foundation for modern AI, earning her the nickname “godmother of AI.” Now, she’s an AI policy adviser to the Biden Administration and the co-director of Stanford’s Human-Centered AI Institute. And she thinks the widespread “doom and gloom” about AI is overblown.
Anthropic’s co-founders say their AI models are taking lessons from social media’s harms
Where OpenAI’s mission has focused on bringing AI to scale, its rival Anthropic has focused on safety and security. And its co-founders, siblings and former OpenAI employees Daniela and Dario Amodei, say their concerns about AI’s potential for harm originate from watching the evolution of other technologies.
Microsoft-backed Mistral AI could almost triple its valuation
French artificial intelligence startup, Mistral AI, is reportedly expected to nearly triple its valuation to $6 billion in six months in a new funding round.
Elon Musks’s AI startup could soon be worth $18 billion
Elon Musk’s artificial intelligence rival to OpenAI is reportedly expected to reach an $18 billion valuation after it closes its current funding round.
The world’s biggest banks are hiring AI talent twice over
Big banks are adding artificial intelligence-focused jobs at increasing speeds, despite industry-wide cuts.
Burnt out workers are using AI for help even though they’re afraid it will replace them
Generative artificial intelligence is seeping into workplaces, and despite fears the technology will replace workers some overwhelmed employees are embracing it for productivity, a new report says.
Microsoft and Biden announced a $3 billion AI investment in a key battleground state
Microsoft’s multi-billion dollar bet on artificial intelligence keeps growing — this time with a data center in Wisconsin.
This AI startup says it’s the solution to deepfakes
Steg.AI co-founder Eric Wengrowski explains how his company works with governments and companies to authenticate online content
Sam Altman says AI’s killer app will be when it’s just a ‘super-competent colleague’
Sam Altman heads the company driving the current generative artificial intelligence hype — and he says it’s nothing compared to what’s coming next.
OpenAI says it can now identify images generated by OpenAI — mostly
OpenAI is tackling an increasingly pressing issue: fake images generated by its own technology.
Apple’s new iPad Pro has an ‘outrageously powerful chip for AI’
Apple on Tuesday announced its latest iPad Pro with a new chip that it promises will majorly boost the efficiency of AI applications run on the device.
Apple’s AI strategy includes making its own chips
Apple is reportedly developing AI chips in partnership with Taiwan Semiconductor Manufacturing Co. The initiative code-named Project ACDC, for “Apple Chips in Data Center,” would allow Apple to run artificial intelligence software on its own chips in data centers.
A billionaire Nvidia investor says he cut his stake: ‘AI might be a little overhyped now’
Premier chipmaker Nvidia has been on a streak this year due to the artificial intelligence boom, but not all of its investors are fully buying into the hype.
The rise of TSMC: How one chipmaker started making everyone’s chips
Taiwan Semiconductor Manufacturing Company (TSMC) makes an estimated 90% of the world’s cutting-edge logic chips — the tech that powers some of the most advanced electronics on Earth, from iPhones to artificial intelligence models.
Palantir beats earnings expectations as AI demand drives first-quarter revenue
Defense-tech company Palantir Technologies beat analyst expectations for revenue in its first-quarter earnings report, citing demand by U.S. companies for its bootcamps and technology products.
Microsoft is training its AI model to compete with Google and OpenAI, report says
Microsoft is reportedly training its own artificial intelligence model to compete with models from Google and OpenAI, which it has a multi-year, multibillion-dollar partnership with.
Google is using its Gemini AI chatbot to help fight security threats
Google’s new threat intelligence solution includes a generative artificial intelligence-powered chatbot that can analyze potential malware and quickly provide a summary for customers so they can tackle threats faster.
Biden is pouring money into the ‘digital twins’ of AI chips
The Biden administration is looking for proposals from companies that can establish and operate an institution that will develop “digital twins” of semiconductors, with the opportunity to receive up to $285 million in funding.