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Nvidia And The Rise of Sovereign AI, EU Approves AI Regulation

Author

Sorin Ciornei
February 05, 2024

Welcome, AI enthusiasts

Nvidia CEO talks about the rise of Sovereign AI, EU approves AI regulation and how AI is slowly and silently moving into all industries.

In today’s newsletter:

  • Nvidia CEO predicts heightened demand for Nvidia's AI products as countries prioritize building domestic AI capabilities.

  • EU ambassadors have approved the world’s first comprehensive rulebook for Artificial Intelligence (AI).

  • AI, from hiring to healthcare, is quietly reshaping daily life, raising concerns about privacy and bias.

  • Foxconn warns of AI chips shortage.

NEWS OF THE DAY

Image generated with Midjourney, prompt: photography in the style of Tim Holtz showing a competition between nation states

What: Jensen Huang, CEO of Nvidia, predicts a surge in demand for the company’s products as countries prioritize building their own artificial intelligence (AI) infrastructure. This trend, dubbed “sovereign AI,” signifies a global recognition of the strategic importance of domestic AI capabilities.

Key points:

  • Nvidia's Advantage: With expertise in GPUs essential for AI tasks, Nvidia is well-positioned to benefit from countries like India, Japan, France, and Canada investing in sovereign AI initiatives. Diversification into sectors beyond gaming strengthens Nvidia's market presence.

  • Challenges and Focus: Despite promising opportunities, Nvidia faces challenges from geopolitical tensions and ethical considerations in AI. Success hinges on strategic collaboration, adherence to ethical practices, and continuous innovation.

Noteworthy: We’ve already heard rumors of AI being used in active conflicts to help with decision making, but overall AI will have a big impact across supply chain and logistics, cybersecurity and monitoring.

EDITORIAL

Image generated with Midjourney, prompt: illustration in the style of Tove Jansson that shows a competition between two virtual assistants

What: AI powered search has been on our minds since we looked at how web traffic, page views and eventually revenue will be impacted by the deployment of AI to internet tools. For now there are only a few AI powered search chatbots and this week we looked at Perplexity and Bing.

Key points:

  • Technological Duel: 🤖

    • Perplexity AI wields GPT-3 and introduces Copilot mode with GPT-4.

    • Bing Chat exclusively relies on the formidable GPT-4.

  • Operational Dynamics: 🔄

    • Both platforms offer browser and mobile app functionality.

    • Mobile access varies, with Perplexity AI allowing GPT-3 usage without signup, while Bing Chat requires a Microsoft account for iOS.

  • Performance Faceoff: ⚡

    • Perplexity AI excels in speed, with quick responses using GPT-3.

    • Bing Chat adopts a cautious approach, resulting in a slower response time.

Noteworthy: It seems the adoption of these tools is slow, but steady. Perplexity is in the top 10 productivity apps on mobile stores.

LATEST NEWS

EU ambassadors have approved the world’s first comprehensive rulebook for Artificial Intelligence (AI), solidifying the political agreement reached in December. The AI Act, a flagship bill designed to regulate AI based on its potential to cause harm, faced significant opposition from key European players, most notably France, which sought a more lenient regulatory approach for powerful AI models like Open AI’s GPT-4.

  • Silent AI Revolution: AI, from hiring to healthcare, is quietly reshaping daily life, raising concerns about privacy and bias.

  • Regulatory Gaps: Challenges persist in regulating AI's impact, with concerns in hiring, worker surveillance, and fair housing practices.

  • Diverse Sectoral Influence: AI's reach spans education, housing, and healthcare, emphasizing the need for transparent discussions and government intervention for equitable outcomes.

Demand for artificial intelligence (AI) servers will "of course" be good, but global economic uncertainty given geopolitical problems will affect consumer product demand, he added.

MIDJOURNEY PICK OF THE DAY

Image generated with Midjourney, prompt: Illustration in the style of a Monet Painting, using a variety of colors and techniques --ar 3:16

Check out our guides on how to generate the best Midjourney pictures, from fashion, nature, street art or illustration.

UNTIL TOMORROW

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