RBC Capital says these software companies are the most likely to be acquired as AI eats the world
AI advancements have led to an increased interest in acquiring software companies, as indicated by RBC Capital. The software sector has seen a rise in merger and acquisition activities driven by private equity firms looking for cost-effective opportunities amidst uncertainties brought about by AI technology. Analysts at RBC have identified numerous software companies that are […]
Startups find Amazon’s AI chips ‘less competitive’ than Nvidia GPUs, internal document shows
Certain startups have observed that Amazon’s AI chips are not performing as well as Nvidia’s GPUs. AWS Trainium chips are positioned as a more cost-effective alternative to Nvidia GPUs. Amazon currently has a small market share in AI chips, with Nvidia holding over 78% dominance. Amazon is relying on its in-house AI chips to drive […]
Mitigating the Public Health Impacts of AI Data Centers
AI is revolutionizing various sectors, promoting creativity, and tackling critical societal issues. The potential of AI ranges from human-like robots to managing droughts, offering seemingly limitless opportunities. However, the surge in AI demand is accompanied by the rapid growth of large data centers filled with energy-intensive servers. These vast facilities not only strain already burdened […]
3 takeaways about the AI race from SoftBank’s earnings
SoftBank’s CEO, Masayoshi Son, is fully committed to artificial intelligence. The Japanese corporation disclosed its financial results on Tuesday, announcing the sale of its complete stake in Nvidia for $5.8 billion. During the earnings call, SoftBank’s CFO discussed the concept of “physical AI” and expressed concerns about market bubbles. SoftBank’s strong focus on AI appears […]
This top young VC reunited with his former colleague to deploy an unusually bold strategy for investing in AI startups
Brian Zhan, a young venture capitalist, has made early investments in Skild AI, Dyna Robotics, Periodic Labs, and Reflection AI. Zhan is set to pursue an unconventional approach by providing $30 million in funding to startups at the seed stage. He believes that the venture capital landscape is evolving, necessitating firms to make significant investments […]
5 biggest takeaways from Nvidia’s Q3 earnings — from the AI bubble to new Saudi partnerships
Nvidia exceeded expectations with its third-quarter earnings, allaying concerns surrounding the AI industry’s potential bubble. The strong performance was primarily attributed to robust demand for data center and AI technologies. The company’s prominent position in the AI sector was underscored by new collaborations with OpenAI, Uber, and xAI. Despite worries about export restrictions to China […]
I worked in tech for over 20 years. Now I’m getting a master’s in AI because there’s too much for me to learn alone.
Michael Lane, aged 49, holds the position of vice president of development at Rev, which is a company specializing in audio transcription services. Lane revealed his intention to pursue a master’s degree in Artificial Intelligence (AI) at East Texas A&M University starting next year. Describing his academic path as rather indirect, Lane shared that he […]
ARC Raiders uses generative AI for voice lines trained on its paid actors — so what? Let’s talk about where we draw the line.
ARC Raiders utilizes generative AI technology to create voice lines that have been trained on professional actors. The focus now shifts towards establishing boundaries in this practice. Embark Studios has incorporated AI assistance in developing their voice lines, with input from actual humans. This raises the question of distinguishing between genuine machine learning and subpar […]
The “Learned Helplessness” of AI
Whenever you request ChatGPT to handle complex reasoning, strategise, or engage in innovative tasks, what you’re essentially doing is **delegating friction**. This process of encountering obstacles is essential for skill development. By relying on technology to provide answers instantly, we condition our minds to believe that the solution will always be readily available. This behaviour […]