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  • Daily AI Brief: Nvidia's Blackwell Chips Overheat, Wall Street Eyes $1T AI Investment, Baidu and Mistral Launch New Products

Daily AI Brief: Nvidia's Blackwell Chips Overheat, Wall Street Eyes $1T AI Investment, Baidu and Mistral Launch New Products

Hi there,

Major hardware challenges emerge as Nvidia's new Blackwell AI chips face overheating issues in servers, while Wall Street firms explore massive AI infrastructure investments. Meanwhile, Baidu unveils new AI tools including ERNIE AgentBuilder, and Mistral teases upcoming multimodal models following strong benchmark performance.

Let’s dive in!

Baidu has launched multiple AI products including the ERNIE AgentBuilder and iRAG, with significant traction among businesses and developers, while also introducing smartglasses and no-code tools at the Baidu World 2024 conference. Read more

Athina AI, a Y Combinator-backed startup, has raised $3 million to enhance its platform that aids in building, testing, and monitoring AI features for faster delivery of AI solutions. Read more

A court filing reveals that in 2018, Elon Musk dismissed a proposal for an OpenAI cryptocurrency token, deeming it 'scamworthy' and expressing concerns over credibility loss. Read more

OpenAI CEO Sam Altman's enthusiasm for AGI faces skepticism as experts and recent developments reveal challenges in achieving this ambitious milestone, with diminishing returns in current AI scaling methods. Read more

Nvidia's new Blackwell AI chips are experiencing overheating issues in server racks, leading to customer concerns and shipment delays for major tech companies. Read more

Prime Minister Anwar Ibrahim calls for the integration of Islamic teachings with artificial intelligence, emphasizing ethical considerations at Egypt’s Al-Azhar University. Read more

The G20 is advocating for immediate AI regulations to address algorithmic racism and digital inequality, with discussions highlighting the need for balanced policies that protect human rights and ensure equal access to technology. Read more

Xavier Niel cautions that Europe risks falling behind in AI unless it fosters independent, leading AI companies, underscoring the need to uphold European values such as privacy in tech development. Read more

Major financial players, including Morgan Stanley and private equity giants, are exploring substantial investment opportunities in AI infrastructure, despite concerns over profitability and speculative ventures. Read more

Mistral has teased the upcoming release of its new multimodal models, Mistral Large 3 and Pixtral Large, following the successful launch of previous models and a strong performance on the MMLU benchmark. The company is valued at $6 billion after a significant fundraising round. Read more

Factiverse, a Norwegian startup, utilizes AI for real-time fact-checking, aiming to curb disinformation post-2024 U.S. elections. The company has raised $1.45 million and demonstrates its tool's efficacy in live fact-checking scenarios. Read more

Robust AI introduces the Carter Pro, a robot that can be manually moved by humans, enhancing safety in shared workspaces by utilizing cameras over lidar, reflecting the influence of CTO Rodney Brooks and the company's growing client base. Read more

Recent studies from top institutions reveal that quantization, a method to enhance AI model efficiency, may reduce performance, particularly in models trained on extensive datasets, challenging current industry practices. Read more

Jonathan Birch from the London School of Economics warns of societal divisions over AI sentience, as governments and experts discuss regulation and safety measures. Read more

At BUILD 2024, Snowflake revealed 'Snowflake Intelligence', a platform designed to help business users create data agents that leverage natural language for comprehensive data analysis and decision-making. Read more

Nigeria is set to boost its technological landscape with an institute dedicated to robotics and artificial intelligence, spearheaded by Professor Bart Nnaji, following a significant approval process highlighting its national impact. Read more

In 2024, Idaho passed three significant AI-related laws tackling explicit and political deep fakes, as well as AI-generated exploitative material concerning children, while experts discuss future legislative directions. Read more

German startup Juna.ai, founded in 2023, aims to enhance energy efficiency in manufacturing through AI-driven automation, recently raising $7.5 million to advance its technology. Read more