Cool AI Tools of the Week (#37)

Welcome back friends! Today is Thursday August 31st, 2023.

In today's issue:

• US Senate Invites Elon & Zuck to AI Forum

• Trending Tools On Futurepedia This Week

• The AI GPU Problem

• Poll: What is your biggest concern about implementing AI tools in your work?

🏛️ US Senate Invites Elon & Zuck to AI Forum

➡️ US Senator Chuck Schumer is organizing a closed-door meeting in September that will bring together prominent figures from the technology industry to discuss the implications of AI. Among the invited attendees are Elon Musk and Mark Zuckerberg, who have had a rivalry recently, and even joked about a cage match. 🥊

Other notable attendees include Sundar Pichai of Google, Satya Nadella of Microsoft, Jensen Huang of Nvidia, and former Google CEO Eric Schmidt. The meeting is part of Schumer's effort to involve Congress in shaping the future of AI, given its increasing impact on society and the economy.

🔗 Schumer's framework for AI regulation aims to balance American innovation and consumer protection, addressing issues such as misinformation and national security. The meeting is a great first step in involving both policymakers and experts in making our future with AI safe.

The AI GPU Problem

AI is growing quickly – and with that Nvidia is: the stock price increases 117.4% in the last 6 months alone. But Nvidia can’t keep up with the growing demand, creating a problem…

• Nvidia's revenues have surged due to high demand for its GPUs driven by the AI industry's growth.

• Concerns arise regarding whether Nvidia can meet this demand, leading companies to seek alternative architectures.

• The United Arab Emirates G42 Cloud turned to Cerebras Systems for AI supercomputers, using a different architecture with superior performance.

• Companies like Amazon are exploring alternatives like Intel's Gaudi2 processors and AMD's Instinct MI300X.

• However, timing and software maturity are challenges for Nvidia's competitors, as Nvidia's ecosystem is well-established.