Most things having to do with computers, AI systems and large networks, all share one problem. They consume a tremendous amount of energy. Even those who are actively engaged in “Bitcoin mining” will confess that the single biggest ongoing expense is to deal with is the cost of energy. You can think of Bitcoin mining as a kind of verification process for Bitcoin transactions. Bitcoin mining can make a lot of money.
Much to the surprise to Apple, Samsung and several other tech companies, Huawei released the world’s first triple folding smart phone, the Mate XT Ultimate. A user can use the device as a regular smart one, one section or expand the phone to all three sections, giving the user the experience of a tab. It is quite the device, no doubt. The Mate XT is using an advanced Huawei processor, the new Ascend 910C which is seriously competing against the Nvidia’s H100 GPU. Nvidia is seriously being challenged in AI GPU space. While Huawei has its work cut out for its which challenges with supply chain and American sanction, the technology itself is incredibly good.
The godfather of AI Geoffrey Hinton has just won the 2024 Noble Prize for physics. He was up till recently working at Google, but shockingly has left them. Suffice it to say, Google was surprised.
California Governor Gavin Newsom has vetoed a landmark bill on artificial intelligence that would have established the first safety measures for the industry in the US. The bill, California Senate Bill 104, or SB 1047 was aimed at reducing potential risks created by AI.
OpenAI CEO Sam Altman, its “alpha dog” promoter, recently posted a note spelling out more of his “vision” of an AI powered Future. He is suggesting that “deep learning works” and be generally used across a range of domains and difficult problem sets. He suggests fixing climate change, establishing a space colony and further advancements in physics, or so he purports. Maybe.
Japan is building a super-fast computer, the first of its kind, which will be 1,000 times faster than any computer we have now. It will be ready to use in 2030. It will help Japan stay ahead in developing artificial intelligence (AI).
Investing in AI companies is a vibrant and rapidly evolving area, characterized by numerous trends and opportunities.
1. INCREASED INTEREST AND FUNDING: There has been significant interest from both venture capital (VC) and public markets. Investors heightened interest in AI is due to its potential to transform various industries, including healthcare, finance, retail, and manufacturing.
