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  • 🎶 TikTok's Parent Aims for AI Chip Self-Sufficiency

🎶 TikTok's Parent Aims for AI Chip Self-Sufficiency

🇨🇳 China's AI Race Heats Up as ByteDance Develops Own Chips

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 - 🎶 TikTok's Parent Aims for AI Chip Self-Sufficiency

ByteDance, the parent company of TikTok, is ramping up its AI development by designing its own chips with TSMC. This move aims to reduce reliance on U.S. export-controlled Nvidia GPUs, especially as competition with other Chinese AI companies like Baidu intensifies. ByteDance's AI chatbot, Doubao, has already gained significant traction in China, surpassing Baidu's Ernie Bot in downloads and active users.

2 - 🤷🏻‍♀️ Chips Act: Still Falling Short After Two Years

The Chips Act has allocated half of its $52 billion subsidy for semiconductor manufacturing, but experts warn of its shortcomings. While the Act aims to revitalize the US chip industry, it fails to support essential equipment manufacturers, addresses potential workplace issues, or addresses the reliance on foreign imports for raw materials and packaging. These omissions raise concerns about the Act's effectiveness in fully reshaping the US chip industry.

3 - 🔋 OpenAI's AI Safety Board Gets More Power

OpenAI is strengthening its safety oversight by establishing an independent board committee with the power to delay model launches. This move comes after a thorough review of the company's safety practices and aims to ensure that AI development aligns with responsible principles. The committee, chaired by Zico Kolter and consisting of prominent figures, will have a direct role in overseeing model releases, ensuring that safety concerns are addressed before public launch.

4 - 🧠 Microsoft's Copilot AI Gets Smarter, More Automated

Microsoft's AI assistant Copilot got a major upgrade with features like data-merging Copilot Pages, Python support in Excel, and AI-powered additions to Office programs. Users can even build their own custom AI assistants for automating tasks. This update comes after Microsoft listened to customer feedback and improved performance with OpenAI's powerful GPT-4 tech.

5 - 🥺 Oracle and Tesla Beg Nvidia for More AI Chips

Larry Ellison, billionaire co-founder of Oracle, reveals a surprising plea: begging for Nvidia's highly sought-after AI chips. Despite his immense wealth, Ellison admits to pleading with Nvidia CEO Jensen Huang for more powerful GPUs to fuel his company's AI advancements. This revelation underscores the intense competition and demand for these crucial components in the rapidly evolving AI landscape.

Written by AI Bulletin team - Australia
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