Nvidia’s AI updates take over Computex

⚡ Today’s Highlights

• 📰 News: Nvidia had some major announcements at Computex and OpenAI won’t be leaving Europe

• 💰 Funding: Complexica and UrbanChain

• 🦾 Tools: These AI tools are the organizational aides you need

• 📅 Events: Data Salon NYC is next week!

📰 Today's Top Stories

All the Nvidia news announced by Jensen Huang at Computex

(7 min read) (Source: TechCrunch)

TLDR: Nvidia's co-founder and CEO, Jensen Huang, delivered major updates at Computex in Taipei, emphasizing his vision to make generative AI accessible in every data center and unveiling a series of significant announcements during the two-hour-long keynote. Here are the highlights;

• Nvidia's CEO Jensen Huang announces the production of GForce RTX 4080 Ti GPU for gamers and introduces Nvidia Avatar Cloud Engine (ACE) for Games, enhancing AI-powered character interactions.

• Nvidia's Cuda computing model serves millions of developers and thousands of applications, with significant download numbers.

• Full production begins for GPU server HGX H100, the world's first computer with a transformer engine.

• Nvidia's GH200 Grace Hopper superchip, designed for high-resilience data centers, enters full production, and a partnership with SoftBank aims to integrate it into distributed data centers in Japan.

• Nvidia unveils Spectrum-X networking platform, collaborates with WPP to develop a content engine based on Nvidia Omniverse, and introduces the full-stack robot platform, Nvidia Isaac ARM.

The Big Picture: With its substantial contributions to AI computing, Nvidia's remarkable growth over the past year has propelled its stock to new heights, resulting in a market valuation of approximately $960 billion. This achievement solidifies Nvidia's position as one of the world's most valuable companies, surpassed only by Apple, Microsoft, Saudi Aramco, Alphabet, and Amazon.

OpenAI’s Sam Altman reverses threat to cease European operations

(4 min read) (Source: CNBC)

TLDR: Days after warning that OpenAI may cease European operations if they can’t meet the regulatory requirements, CEO Sam Altman assured that the company has no intentions to shut down its operations in Europe, despite previous concerns about proposed AI legislation.

• The EU's AI Act draft includes provisions for transparency, requiring companies to disclose copyrighted material used to train AI models, a measure seen as ensuring trustworthiness.

G7 officials to hold first meeting on AI regulation next week

(2 min read) (Source: Reuters)

TLDR: G7 nation officials will meet today to further discuss regulations related to generative AI tools like ChatGPT and establish the "Hiroshima AI process" forum to address issues surrounding fast-growing AI technologies.

• The meeting will focus on topics such as intellectual property protection, disinformation, governance, and the development of international technical standards aligned with democratic values.

Baidu will 'very soon' officially launch generative AI model, says CEO

(2 min read) (Source: Reuters)

TLDR: Baidu's CEO Robin Li announced that Ernie 3.5, a generative AI large-language model that will power Baidu's Ernie Bot app and enhance their search engine, will be officially launched “soon”, following a trial period and feedback from select users.

💰 Funding Alerts

1. Complexica has raised $6.5 million in funding from clients and funds managed by Acorn Capital (Matt Sheehan, Investment Director), bringing their total outside investment to over $31 million.

• Complexica is a leading provider of Artificial Intelligence software that optimizes sales, marketing, and supply chain activities for enterprise customers.

• The funds will be used for expansion and M&A purposes, with upcoming exciting announcements on the horizon.

2. UrbanChain raises a £5.25 million Series A round led by Eurazeo’s Venture Smart City (Matthieu Bonamy, Partner), with previous investments from Innovate UK and the Department for Energy Security & Net Zero.

• UrbanChain is an energy technology company that operates a leading peer-to-peer (P2P) energy exchange in the UK, utilizing blockchain and AI.

• The funds will be used to expand into new international markets, starting with Ireland, and drive the net-zero agenda by providing affordable green energy through their P2P exchange.

🦾 Trending Tools

• Tyles is an AI-powered note app that effortlessly organizes your knowledge. Extract insights from any source, let advanced AI categorize them, and generate outputs like articles and reports in record time. Streamline your research process, boost productivity, and leave manual data entry behind!

• 1v1 for Slack is a ChatGPT-powered meeting assistant for meaningful 1-on-1s. Engage in real conversations, exchange feedback, and get AI-generated talking points directly in Slack. Experience efficient and productive discussions. (Built by Springworks)

• PROCESIO is an advanced automation platform. With no-code, low-code, and full-code capabilities to integrate tools, automate workflows, and process data lightning-fast. A game-changer for complex automation needs.

• Workflos.ai is an intelligent AI assistant for SaaS management. Simplify the process of finding and managing SaaS solutions with natural language search and personalized recommendations.

• PrivateGPT is an offline, privacy-focused, personal AI assistant for document interactions. Ask questions without the internet, keep your data secure, and work seamlessly offline.

👀 More Reading

1. Beyond the ‘Matrix’ Theory of the Mind (The New York Times)

2. AI Is Unlocking the Human Brain’s Secrets (The Atlantic)

3. Where Memory Ends and Generative AI Begins (WIRED)

4. AI-Threatened Jobs Are Mostly Held by Women, Study Shows (Bloomberg)

5. Corporate VCs ride AI startup wave (Axios)

6. Political Campaigns May Never Be the Same (The Atlantic)

🌎 Fresh Content

1. Nvidia’s latest announcements in AI are revolutionizing many different industries, and this time they’re changing video games as we know them. In Jensen Huang’s recent keynote, he demoed an NPC that uses AI in real time to interact with players. Check it out in Matt Wolfe’s tweet here. (Twitter)

2. Photoshop’s recent AI upgrades have taken Twitter by storm and everyone is loving the new generative fill feature. Check out this thread by Lorenzo Green and Dobrokotov where they use this new feature to expand famous album covers. (Twitter)

 📅 Upcoming Events

Don’t miss Data Salon NYC (June 7-8, 2023 / New York, NY, USA + Virtual), the annual one-day 150-person conferences focused on AI and machine learning applications in finance & technology (June 7) and media & advertising (June 8). Finance & Technology takes place at S&P Global Market Intelligence and Media & Advertising takes place at Blender Workspace in the heart of NoMad. The events bring local industry leaders and specialists face-to-face to educate each other on innovative solutions in artificial intelligence, machine learning, predictive analytics and acceptance around best practices. Register today to attend in-person or virtually!

 🧠 Prompts

Leverage the capabilities of ChatGPT to explore the depths of your industry trends through these engaging prompts. This prompt will guide you through strategic SWOT analyses, giving you insight into your business's Strengths, Weaknesses, Opportunities, and Threats. Add more details to suit your needs and you will gain valuable perspectives and potentially uncover new strategies for your business to thrive amidst the current industry trends.

Industry Trend SWOT Analysis

• Utilize ChatGPT's ability to perform an analysis of Strengths, Weaknesses, Opportunities, and Threats (SWOT) given the current trends in your industry. This will help you gain a deeper understanding of your industry and create strategic planning for your business.

• Prompt: "Taking on the role of an industry trends analyst, can you assist me in carrying out a SWOT analysis in the context of the latest trends in my industry? Start by asking me pertinent questions about my industry and business that will help you deliver a comprehensive SWOT analysis."

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