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🚀 Thrilling Updates Unveiled by OpenAI! 🤖✨ The AI powerhouse is considering creating its own cutting-edge AI chips for ChatGPT! 🌐 CEO Sam Altman prioritizes chip acquisition amid GPU shortages. 🌟 Sam is exploring acquisitions and potential collaborations with NVIDIA. This move aims to slash operational costs and challenge NVIDIA's dominance. 🤯💡 Stay tuned for OpenAI's potential game-changer, shaping the future of AI! 🤯💡 Show your support by joining the conversation! 🤝👍 Like, comment, and share this article to be part of the AI revolution! 🚀🔧 To know more please visit the link: https://shorturl.at/sW047 #india #artificialintelligence #innovation #management #technology #digitalmarketing #creativity #future #markets #startups #socialmedia #OpenAI #AIChips #Innovation #TechNews #AIRevolution #FutureTech #chip #samaltman #nvidia

Izanagi might be a new project Softbank's founder Masayoshi Son plans to invest $100 billion in this project This project focuses on: -> Creating new AI chips -> Team up with Arm, a company which designs chips -> Plans to ask investors for $70 billion in the Middle East There's a huge competition in AI chips right now: -> Nvidia is a big player in this field -> OpenAI announced plans to work on its own AI chip project -> Masayoshi Son plans to compete with his new project by developing powerful AI chips Softbank now plans to focus on AI and owns 90% of Arm's stock Google, Microsoft, and Amazon use Arm's technology for their devices and AI systems #news #ai #softbank #technology

Generative AI Update! All eyes on NVIDIA today when they report their quarterly earnings after the market closes. The market has priced in high, very high, expectations. But now everyone is coming after them and their virtual monopoly on chips for all generative AI systems and applications. OpenAI CEO Sam Altman is raising $5-$7 TRILLION (did I say, Trillion? Yes I did!) to build his own chip manufacturing venture (because he apparently doesn't have enough to do to keep ChatGPT "safe") and, separately, Softbank is looking to raise "only" $100 Billion for his competing generative AI chip venture. And then there's Intel Corporation and AMD of course. So tune in at 1:01 pm Pacific - and grab your popcorn. #generativeAI #artificial #nvidia #openai #samaltman

Insane that NVIDIA in a matter of months has touched $3 trillion market cap and there is no stopping the company. The AI chip 'design' company overtook Apple as the world’s second-most valued company. The market cap of both companies are $3.01 and $3 trillion, respectively, and analysts expect Nvidia to eventually overtake numero uno Microsoft as well - very soon. Stat: $50 billion. That’s the amount the tech industry spent on Nvidia chips in 2023 for AI training purposes, as per data from Sequoia Capital. But the industry brought in only $3 billion in revenue from the investment....set to go up definitely once use cases are explored and deployed. And people think AI is only about ChatGPT rockets and perfectly silly content. Grow up guys!

"Top 10 AI Hardware Innovators: A Definitive Ranking" #AIHardwareInnovators 🤝 Follow us on Discord 🔜: https://lnkd.in/gt823Zd3 🤝 Follow us on Whatsapp 🔜 https://wapia.in/wabeta _ ❇️ Summary: The article discusses the top 100 people who make AI intelligent, focusing on hardware leaders in the industry. It includes information about companies and venture capitalists buying chips to run powerful AI models, and the top hardware leaders at companies such as Google, Nvidia, Intel, Amazon, and more. The article also highlights the work and contributions of key individuals in the AI hardware industry, including Sissie Hsiao, Sanja Fidler, Jack Hidary, Michael Intrator, Renee James, Sean Lie, Daphne Luong, Sandra Rivera, and Lisa Su. Hashtags: #chatGPT 1. #AIHardwareLeaders 2. #Top10AIInnovators

“Com­pan­ies that use our tech­no­logy, who depend on our tech­no­logy, who build their busi­nesses on our tech­no­logy . . .” #nvidia is crafting a new reality through its nuanced investment strategy in #ai startups. More than funding, they orchestrating a future where Nvidia is positioned to become the gatekeeper of AI. 🟦Investment Strategy🟦: Nvidia’s focus on investing in companies that use its technology aligns with the concept of "self-serving bias". By investing in companies that use their products, Nvidia not only supports the growth of these start-ups but it is also ensuring a continued demand for its technology. 🟪Behavioral Economics in Corporate Strategy🟪: The investment pattern also reflects the "sunk cost fallacy". Nvidia has already invested heavily in developing AI technologies and #GPUs. By investing in companies that utilize these technologies, they are essentially doubling down on their initial investment, hoping to maximize returns and not 'waste' the initial outlay. 🟩Implications for the AI Industry🟩: Psychologically, Nvidia’s actions could create a reinforcing feedback loop in the AI industry. As more companies depend on Nvidia's technology, Nvidia’s influence in the industry grows, which in turn attracts more companies to its #ecosystem. This can lead to a situation where Nvidia becomes a gatekeeper of sorts in the AI world, shaping not only technological developments but also market dynamics. Some of the investments reflect Nvidia’s strategic presence and focus through; Inflection AI - A rival to OpenAI's ChatGPT. Cohere - Another competitor to OpenAI's ChatGPT. Hugging Face - A provider of data and tools for AI developers, valued at $4.5 billion. CoreWeave - A cloud infrastructure company focused on high-performance computing applications that rely on Nvidia's GPUs. Mistral AI - A Paris-based AI startup, recently valued at €2 billion. These are exciting times and we are living in an era where we get to witness the rise and growth of the AI revolution that is going to shape our future.

👉Elon Musk-led artificial intelligence startup xAI has recently launched its first-ever product to compete with OpenAI’s popular chatbot ChatGPT and others. The billionaire unveiled the company’s first AI model, a bot named Grok and made it available to all X Premium+ subscribers last week. . . 👉Google has developed a new weather model called MetNet-3, which uses direct observations of the atmosphere to provide high-resolution weather forecasts up to 24 hours in advance, outperforming traditional physics-based models, and has integrated these forecasts into various Google products and technologies. . . 👉BeagleBoard.org, a pioneer in open-source single-board computers (SBCs), unveiled the BeagleV®-Fire, a revolutionary SBC powered by the Microchip’s PolarFire® MPFS025T FCVG484E 5x core RISC-V System on Chip (SoC) with FPGA fabric. This remarkable addition to the BeagleBoard.org BeagleV® family of boards opens up new horizons for developers, tinkerers, and the open-source community to explore the vast potential of RISC-V architecture and FPGA technology. #techupdate #dotproduct #XAi #Grok #Googlemetnet #BeagleBoard. #BeagleVfire #technews

SambaNova Systems, a #business that makes artificial intelligence chips, on Tuesday unveiled a new #semiconductor that will enable its users to employ better AI models for less money overall. According to the Palo Alto, California-based business, the SN40L chip is intended to run #aimodels that are more than twice as large as those used by the ChatGPT's advanced version of OpenAI. According to SambaNova #ceo Rodrigo Liang, "SN40L is specifically built for large language models running #enterpriseapplications." We've developed a whole stack that has helped us fully comprehend the enterprise use case. In comparison to consumer software like ChatGPT, big enterprises wishing to implement AI in #creative ways must take a different and more complex set of factors into account. said Liang. To be helpful for enterprise customers, AI #technology must be developed differently in the areas of security, accuracy, and privacy. Although Nvidia (NVDA.O) controls the market for #ai processors, some businesses found it challenging to get their hands on the sought-after chips due to a spike in demand brought on by interest in #generativeai software. Startups like SambaNova, Intel (INTC.O), and Advanced Micro Devices (AMD.O) have stepped up to fill the gap. A 5 trillion parameter model can be run on the new #SambaNova chip, which also has two cutting-edge types of #memory. In some cases, memory can be a bottleneck when processing AI data. According to the business, clients can run larger AI models using their hardware setup without sacrificing accuracy for size. The SambaNova #chip is made by Taiwan Semiconductor Manufacturing Company. #largelanguagemodels #SN40L #enterpriseAI #security #virtualassistants #openai #aidata #ChatGPT #aitechnology #nvidia #aisoftware #startups #TaiwanSemiconductor #LanguageModels #TechNews #AIApplications SambaNova Systems Devanga Tejasri Ram Tulugu Phinean Gardner Anton McGonnell Parampreet Singh

Nvidia's recent milestone as the world’s most valuable company due to its continued success within the AI industry has been nothing short of remarkable. Surpassing titans like Apple and Microsoft, Nvidia's position marks a significant shift in the hierarchy of global tech companies. I recall discussing this a year ago how Nvidia, primarily known for their video game hardware, had serious potential in the AI sector. Now, seeing this prediction play out with Nvidia’s chips becoming essential for AI frameworks like OpenAI's ChatGPT, we can't help but acknowledge the foresight. The implications of this shift are profound. Not only does it reflect the omnipresence of AI in today’s technology landscape, but it also underscores the speed at which companies can ascend to paramount stature through strategic innovation and market positioning. What do you think this means for the future of other tech giants? Will we see more such upheavals as AI continues to evolve? How should companies prepare for this rapidly shifting terrain? Feel free to share your insights or experiences related to evolving tech companies' dynamics and their strategic maneuvers in the thriving AI market! #technology #artificialintelligence #Nvidia #investment #innovation #stockmarket #AIdevelopment