artificial intelligence

AI Stock Rout Has Investors in Asia Mapping Out Next Catalyst
09 Aug

AI Stock Rout Has Investors in Asia Mapping Out Next Catalyst

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Debate is raging on whether the AI rally has run its course but for some investors, another drawdown may be a chance to buy.Money managers in Asia are on the hunt for their next purchase even after the region’s tech stocks recorded their steepest ever two-day drop this week, reflecting an unwavering confidence in a trade that has underpinned the upturn in global equities. Taiwan Semiconductor Manufacturing Co., Samsung Electronics Co. and SK Hynix Inc. are still attractive bets given the long-term prospects for AI remain undimmed, they say. Source link lol
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Microsoft’s AI Can Be Turned Into an Automated Phishing Machine
08 Aug

Microsoft’s AI Can Be Turned Into an Automated Phishing Machine

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Among the other attacks created by Bargury is a demonstration of how a hacker—who, again, must already have hijacked an email account—can gain access to sensitive information, such as people’s salaries, without triggering Microsoft’s protections for sensitive files. When asking for the data, Bargury’s prompt demands the system does not provide references to the files data is taken from. “A bit of bullying does help,” Bargury says.In other instances, he shows how an attacker—who doesn’t have access to email accounts but poisons the AI’s database by sending it a malicious email—can manipulate answers about banking information to provide their own…
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OpenAI Warns Users Could Become Emotionally Hooked on Its Voice Mode
08 Aug

OpenAI Warns Users Could Become Emotionally Hooked on Its Voice Mode

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In late July, OpenAI began rolling out an eerily humanlike voice interface for ChatGPT. In a safety analysis released today, the company acknowledges that this anthropomorphic voice may lure some users into becoming emotionally attached to their chatbot.The warnings are included in a “system card” for GPT-4o, a technical document that lays out what the company believes are the risks associated with the model, plus details surrounding safety testing and the mitigation efforts the company’s taking to reduce potential risk.OpenAI has faced scrutiny in recent months after a number of employees working on AI’s long-term risks quit the company. Some…
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Oracle, Google Veterans Join Nvidia-Backed CoreWeave to Lead AI
08 Aug

Oracle, Google Veterans Join Nvidia-Backed CoreWeave to Lead AI

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CoreWeave Inc. hired two senior executives from Google and Oracle Corp. to build out its artificial intelligence infrastructure after the Nvidia Corp.-backed cloud computing company raised billions of dollars from investors.Chen Goldberg, who most recently served as general manager and vice president of engineering at Alphabet Inc.’s Google unit, will be the senior vice president of engineering, according to Brannin McBee, co-founder and chief development officer at CoreWeave. Sachin Jain, who was Oracle’s senior vice president of AI infrastructure and product management, will serve as chief operator officer, McBee said. They start next week. Source link lol
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Apple’s Mac Mini With M4 Chip Will Be Its Smallest Computer Ever
08 Aug

Apple’s Mac Mini With M4 Chip Will Be Its Smallest Computer Ever

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Apple Inc. is planning a new version of the Mac mini that will be its smallest desktop computer yet, part of a broader overhaul of the Mac line with AI-focused chips.The new model — due later this year — will mark the first major design change to the mini since it was revamped under Steve Jobs in 2010, according to people with knowledge of the matter. The device will be far smaller than its predecessor, approaching the size of an Apple TV set-top box, according to the people, who asked not to be identified because the work is secret. Source…
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Nvidia Has Lost $900 Billion Even as AI Spending Plans Ramp Up
08 Aug

Nvidia Has Lost $900 Billion Even as AI Spending Plans Ramp Up

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On the surface, Nvidia Corp.’s $900 billion selloff since its June record would suggest the artificial intelligence spending boom that propelled it there is cooling. But the undercurrents tell a far less dire story.Microsoft Corp., Amazon.com Inc., Alphabet Inc. and Meta Platforms Inc. — together accounting for more than 40% of Nvidia’s revenue — have all said they will keep investing billions into AI infrastructure. Meanwhile, Super Micro Computer Inc. — which makes data center servers used in AI — told investors it expects to generate up to $30 billion in sales over the next year, blowing away analyst expectations.…
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Move Over, LLMs. Small AI Models Are the Next Big Thing
08 Aug

Move Over, LLMs. Small AI Models Are the Next Big Thing

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For years, tech giants like Google and startups such as OpenAI have been racing to build ever bigger and costlier artificial intelligence models using a tremendous amount of online data. Deployed in chatbots like ChatGPT, this technology can handle a wide range of complex queries, from writing code and planning trips to drafting Shakespearean sonnets about ice cream.Mark McQuade is betting on a different strategy. Arcee.AI, the startup he co-founded last year, helps companies train and roll out an increasingly popular — and much tinier — approach to AI: small language models. Rather than try to do everything ChatGPT can,…
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Good Luck Selling Your AI Startup
08 Aug

Good Luck Selling Your AI Startup

stp2y0 CommentsGenAI, , , , ,
There is no wilder time than the present to build a company around artificial intelligence. The server bills are astronomical, for one. Also the market for talent is red hot, and you’ll end up paying through the nose for good people. Even if you do get funding, staff up, get the product off the ground, and start making headway in a crowded field, there’s the specter of Big Tech looming overhead. The hypercarnivorous raptors of Silicon Valley—Google, Apple, Amazon, and Meta—will fix their steely eyes on the plump prey of your best employees and your intellectual property.But they can’t just buy…
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