AI News This Week: What You Need to Know
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This week’s tech news is full of major developments: OpenAI is strengthening its leadership, Nvidia is facing competition from Cerebras, and Klarna has reduced its workforce as AI boosts efficiency.
AI Chatbots for Police Reports: Legal Risks?
AI chatbots like Axon’s Draft One are being tested to help generate police reports for minor incidents quickly. But there are concerns about their accuracy and the possibility of including false information, which could have serious legal consequences.
Klarna Cuts Workforce by 24% as AI Boosts Efficiency
Klarna has reduced its workforce by 24%, cutting down from 5,000 to 3,800 employees, largely thanks to AI. Their AI assistant now handles tasks that would have required 700 employees, significantly speeding up processes. This has led to increased productivity and profits, with Klarna reporting a 27% revenue boost and a shift from losses to adjusted profit.
Cerebras Challenges Nvidia with the World’s Fastest AI Platform
Cerebras Systems has launched the “Cerebras Inference” platform, claiming it’s 20 times faster than Nvidia’s Hopper chips. This new platform is challenging Nvidia’s stronghold in the AI chip market by offering a high-performance, cost-effective alternative. With its innovative CS-3 chip, Cerebras is positioning itself as a major competitor in the rapidly growing AI field.
Plaud Launches New AI-Powered Note-Taking Pin
Plaud.AI has introduced the NotePin, an AI-powered pin designed for note-taking, priced at $169. It offers LLM-based transcriptions and up to 20 hours of battery life. However, it’s entering a tough market, where previous AI wearables, like Humane’s AI Pin, have struggled to impress.
Google Fixes AI Image Generation Issues with Gemini
Google has reinstated Gemini’s ability to generate images of people after fixing previous issues with new safeguards. The updated Imagen 3 model aims to produce higher-quality images while avoiding realistic or controversial content, contrasting with xAI’s less regulated approach.
Musk Backs Controversial AI Bill Despite Opposition
Elon Musk is supporting California’s Senate Bill 1047, which calls for safety testing for large AI models, even though it faces strong opposition from other tech leaders. This aligns with Musk’s long-standing advocacy for AI regulation, even though it contrasts with his recent ventures in AI technology. The bill has sparked a debate, with some fearing it could stifle innovation.
California State Assembly Approves AI Safety Bill
California’s State Assembly has passed a controversial AI safety bill, requiring security measures for AI systems and allowing the state attorney general to sue developers if the technology causes harm. The bill now awaits Senate approval and the governor’s decision, drawing mixed reactions from the tech industry.
Nvidia's Chip Demand Soars as Countries Build AI Models
Countries around the world are driving up demand for Nvidia’s chips as they develop custom AI models to meet their specific needs. Despite tensions between the US and China over semiconductors, Nvidia’s revenue is expected to grow, with governments and global customers increasingly relying on its technology.
AI Accelerates Green Hydrogen Research
Researchers at the University of Toronto are using AI to discover better catalysts for green hydrogen production. They’ve developed an AI-generated alloy that performs 20 times better than previous benchmarks. They’re also creating AI models to speed up material predictions for batteries and other green technologies.
YouTube Tests AI Tool to Sort Comments
YouTube is testing a new AI tool that organizes comments into topics, making it easier to navigate through them. This feature, now available in all supported languages, is currently exclusive to select YouTube Premium users on mobile. It aims to help creators engage with their audience more effectively by simplifying comment sections.
Meta’s AI Chatbot Reaches 400 Million Users
Meta’s AI chatbot, powered by Llama 3.1 and integrated across Instagram, WhatsApp, and Facebook, has reached 400 million monthly users, narrowing the gap with ChatGPT. CEO Mark Zuckerberg aims to make it the most-used chatbot by the end of the year. However, keeping users engaged remains a challenge.
Amazon's Alexa May Switch to Claude AI
Amazon’s upcoming generative AI version of Alexa, which might use Anthropic’s Claude and cost $5 to $10 per month, is designed to tackle performance issues with Amazon’s current AI. However, there are concerns about customer interest and the regulatory scrutiny that could follow Amazon’s investment in Anthropic.
Google Tightens AI Rules for 2024 US Presidential Election
Ahead of the 2024 US presidential election, Google is setting new limits on its Gemini AI to reduce misinformation. This includes restrictions on image generation and AI-generated summaries, aiming to prevent the spread of false information and ensure reliable election-related content.
Apple, Nvidia, and Microsoft Eye Big Investments in OpenAI
Apple, Nvidia, and Microsoft are looking at major investments in OpenAI, possibly valuing the company at over $100 billion. Nvidia is considering a $100 million stake, while Microsoft and Thrive Capital are leading a multibillion-dollar funding round to enhance OpenAI’s computing and operational capabilities.
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