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🖥️ 🧠 Elon Musk plans xAI supercomputer

SoftBank's $9B AI Investment Plan 💰

Welcome, AI enthusiasts!

Today’s AI insights:

  • 🖥️ Elon Musk plans xAI supercomputer

  • 💰 SoftBank's $9B AI Investment Plan

  •  Enhance Your Writing with AI

  • 🛠 New AI tools

  • 🗞️ Byte-sized AI and Tech news

  • 📝 AI Meme of the day

Read Time: 3 mintues

XAI

image Source: Reuters

Elon Musk's AI startup, xAI, is planning to build a supercomputer to power its next AI chatbot, Grok. The ambitious project aims to have the supercomputer operational by fall 2025.

The Details:

  • Supercomputer Plan: xAI intends to develop a supercomputer with Oracle's partnership, utilizing Nvidia's flagship H100 GPUs. This setup would be at least four times larger than the biggest GPU clusters today.

  • Nvidia H100 GPUs: These powerful GPUs dominate the data center chip market for AI but are in high demand and short supply.

  • xAI's Evolution: Founded last year, xAI competes with Microsoft-backed OpenAI and Google's AI efforts. The Grok 2 model required 20,000 Nvidia H100 GPUs for training, while future models will need 100,000 GPUs.

Elon Musk's xAI is pushing the boundaries of AI with its supercomputer project, aiming to significantly enhance its chatbot capabilities. Partnering with Oracle and leveraging Nvidia's advanced GPUs, xAI is positioning itself as a formidable competitor in the AI landscape, challenging industry giants like OpenAI and Google.

SOFTBANK

SoftBank is set to invest nearly $9 billion in artificial intelligence (AI) each year, signaling a major strategic shift to foster groundbreaking technology innovations.

The Details:

  • Investment Surge: Over the past 12 months, SoftBank’s investments and commitments in AI have doubled to $8.9 billion. CFO Yoshimitsu Goto indicated that this trend will continue as the company focuses on AI firms.

  • Strategic Flexibility: CEO Masayoshi Son emphasized readiness for significant AI investments, predicting AI’s capability to surpass human intelligence by the decade's end.

  • Competitive Landscape: Competing with tech giants like Microsoft, Amazon, and Google, SoftBank aims to secure a leading position in the rapidly growing AI industry.

SoftBank's robust investment plan in AI underscores its commitment to shaping the future of technology, positioning itself as a leader in innovation amidst global tech competition.

AI TUTORIAL

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NEW AI TOOLS


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AI & TECH NEWS

Meta is working on a paid version of its AI assistant

Meta is rumored to be launching a premium version of its AI assistant, as hinted in an internal post spotted by The Information. Additionally, Meta might be developing an AI coding tool, similar to features already offered by GitHub and Amazon.

Elon Musk warns: AI will steal all our jobs

Elon Musk envisions a future where AI and robots revolutionize the job market, making traditional employment optional. He suggests these technologies could meet our needs for goods and services, altering the concept of work. However, experts raise concerns about the emotional fulfillment and meaning people might miss in a tech-dominated, job-free era.

Elon Musk's xAI now valued at $24 billion after new funding

Elon Musk’s AI startup xAI raised $6 billion in Series B funding, boosting its valuation to $24 billion. Backed by investors like Andreessen Horowitz and Sequoia Capital, the funds will help xAI launch its first products, build advanced infrastructure, and accelerate R&D..

OpenAI set to hit trillion-dollar mark in 2-3 years

Investor Kai-Fu Lee predicts OpenAI will become a trillion-dollar company within 2-3 years, praising their GPT-4 model as the "gold standard." Lee commends OpenAI's "admirable and unbelievable job," expressing strong confidence in its future.

AI MEME OF THE DAY

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