Chip Race Heats Up:

Nvidia Surges, Intel Struggles in 2024

Author

AI Bulletin
July 02, 2024

Hello! 👋👋

Here are 5 things you missed today in the world of AI. Because we get it, life is busy & who has the time to sit around and keep up with the fastest moving industry right now - here are 5 things we think you need to know in the world of AI.

1 - 💾 Chip Race Heats Up: Nvidia Surges, Intel Struggles in 2024

Chip stocks have had a mixed performance in 2024 so far. Nvidia, a leader in artificial intelligence technology, has seen its stock skyrocket over 150% due to the AI boom. In contrast, Intel, a more traditional chipmaker, has seen its stock price drop over 35%. Other chipmakers have experienced a range of gains and losses, with some benefiting from the Chips Act funding.

2 - 🤖 AI Revolution: From ChatGPT to Gemini, How AI Reshapes the Web

Large tech companies are making AI chatbots like Microsoft's Copilot and Google's Gemini more available, allowing users to interact with this technology. These chatbots use a massive amount of text data to predict the next word in a sequence, creating human-like conversation. However, they don't have a built-in knowledge base and can sometimes create false information that sounds true.

3 - 🌞 Google Backs Solar Power as AI Demands Grow

Google and BlackRock are teaming up to build a massive solar energy project in Taiwan. This 1-gigawatt solar pipeline will provide clean energy for Google's data centers and potentially its chip suppliers too. The project aligns with Google's goal of net-zero emissions by 2030 and helps address the growing demand for clean energy in Asia, fueled by the rise of artificial intelligence.

4 - ☢️ Nuclear Power: Big Tech's New Fuel Source for Booming AI

Facing a surge in electricity needs for powerful AI, tech giants are turning to nuclear power. A third of US nuclear plants are reportedly in talks to supply data centers, with Amazon leading the charge. This shift is crucial as AI development could devour massive amounts of energy - some estimates say a quarter of US power by 2030.

5 -📱Instagram Listens to Photogs: 'Made with AI' Label Gets Replaced

Meta is changing its labelling system for AI-generated content. The original "Made with AI" tag was confusing as it flagged regular photos edited with common tools. To improve accuracy, they're switching to "AI info" which users can click for details. This reflects that the image might be modified with AI, not entirely created by it.

Written by AI Bulletin team - Australia
Was this email forwarded to you? Sign Up Here
Copyright 2024 The Managers Bulletin. All Rights Reserved.