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🍟 Companies Want Chips!
Nvidia keeps bringing in the wins
Hey TEDchats Fam!
Happy Thursday! Remember the days when video games felt so cutting-edge? When we'd marvel at the graphical improvements with each new release? At the heart of that magic was an unsung hero. Dive in, as we explore the tech giant that went from gaming guru to AI titan.
👀 SNEAK PEEK
Nvidia's Mighty Growth: Discover how a gaming chipmaker became an AI front runner.
AI's Latest Buzz: From Google's AR pursuits to AI's artistic dilemmas, catch the future in byte-sized snippets.
Toolbox Treasures: Witness how AI is revolutionizing video and content creation!
Brainwaves and Breakthroughs: AI isn't just imitating art and life; it's identifying disease indicators and personalizing avatars.
🚨FEATURE STORY
Nvidia: From Gaming Chips to Global Giant
Have you ever wondered which company stands tall amidst the ever-evolving tech industry's race toward AI computing? Enter Nvidia - a once humble graphics chip manufacturer, now the beacon of artificial intelligence, with a stock price that reflects its colossal rise.
The Humble Beginnings
Co-founded in 1993 by Jensen Huang, Nvidia started as a business focused on graphics chips for video games. Over the years, Huang transitioned the company, leveraging its expertise to tap into the growing demand for AI-specific processors. Today, the California-based giant isn't just a name, it's a testament to innovative pivoting in the tech space.
How to Overcome a Chip Crisis…
Despite its groundbreaking advances, Nvidia found itself facing industrywide chip slumps. Questions arose: Could Nvidia sustain its growth amidst increasing competition and skyrocketing demand for heavy duty AI processors?
In short, yes, Nvidia strongly delivered and even reported an overwhelmingly positive quarterly revenue forecast, outpacing analysts' expectations. With sales projected to be around $16 billion in the upcoming three months - significantly more than the anticipated $12.5 billion - Nvidia cemented its role as the key beneficiary of the AI boom.
Level Completed!
Embracing its newfound prominence, Nvidia's shares soared by over 8%, with the company even approving an additional $25 billion in stock buybacks. The once doubted tech player has not only dispelled all uncertainties but has also stepped up as the premier supplier for the AI infrastructure worldwide.
As the world shifts from general-purpose computing to ChatGPT-style generative AI and accelerated computing, Nvidia's position is only expected to strengthen. Its dominance in the AI space has set the stage for a future where Nvidia could potentially lead advancements, not just in AI, but in technology as a whole. As other chipmakers hustle to catch up, such as Advanced Micro Devices Inc. and Intel Corp., Nvidia's journey is one to watch for what's next in the AI revolution.
🍕 QUICK BITES
Google's Mixed Reality Hiccups
Google's ambitious and somewhat secretive mixed reality headset project, in partnership with Samsung, faces internal delays and challenges. The launch might be postponed until next year, partly due to the impressive reveal of Apple’s Vision Pro. Dubbed Project Moohan, there's also chatter about Samsung gaining more control over product features than Google. Yet, Google isn't quitting on AR tech just yet; new ventures, like Project Betty and Barry, aim to introduce novel AR experiences.
Lex's Leap into AI-Assisted Writing
Lex, the AI-driven writing tool, has successfully secured a $2.75 million seed round. With its unique approach, it offers writers a way to push past their blocks. When stuck? Simply trigger GPT-3, and let the AI suggest the next line. Perfect for those modern writers looking for an innovative edge!
AI Artwork Faces Copyright Challenges
US District Court Judge Beryl A. Howell made a landmark ruling that AI-generated artworks can't receive copyright protection. The case revolved around Stephen Thaler, who tried to copyright an image produced by his AI algorithm, Creativity Machine. Judge Howell highlighted that copyright has always required a “human hand” and mentioned that humanity is approaching new copyright challenges as artists increasingly use AI in their craft.
🧰 AI TOOLBOX
🎞️ Kaiber: Generate videos from images or text in no time with Kaiber, your AI video engine.
🎥 Decoherence: Design videos that push the bounds of imagination with Decoherence.
📝 Yarnit: Create engaging content at the ‘speed of thought’ with Yarnit.
🤯 MIND SPARK
AI Helps to Identify New Disease Indicators: Machine learning techniques used to identify and quantify novel disease indicators, with a relevance to Alzheimer’s disease.
Lifelike AI Avatars Allow Custom Virtual Assistants: Startups are creating personalized digital assistants with customizable voices, faces and personalities for enterprise use.
AI-Generated Media Poses Risk of Malicious Deepfakes: Deepfakes can spread political misinformation and enable harassment, while detection lags behind synthesis capabilities.
🎨 AI ART
Midjourney Prompt: Eleven from Stranger Things as a Pokémon trainer, mystical, mirrorless camera, 85mm lens, dusk, fantasy, ambient lighting --ar 1:1
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