- Weekly AI News
- Posts
- Microsoft and Apple Step Back from OpenAI Board, Nvidia: The IBM of the AI Era?
Microsoft and Apple Step Back from OpenAI Board, Nvidia: The IBM of the AI Era?
AMD Acquires Europe's Largest Private AI Lab, Silo AI, for $665 Million, How Microsoft and the UAE got caught in the crossfire of the U.S.-China tech war, Nvidia’s New Computer Just Started Operating On Itself! & More...
🌐 AI News
🔜 Up Next:
- July 15-17, 2024 Fortune Brainstorm Tech 2024 (Park City, Utah). Register Now
- July 30-31, 2024 Fortune Brainstorm AI Singapore Register Now
🚀 Top AI Highlights
Nvidia’s New Computer Just Started Operating On Itself!

NVIDIA has introduced a groundbreaking computer that reduces task times from hours to minutes using advanced GPUs, benefiting fields like weather forecasting, drug development, entertainment, design, healthcare, and scientific research. They are also creating lifelike digital avatars that revolutionize interactions in gaming and business operations.
Their Maxine 3D technology transforms 2D video calls into immersive 3D experiences without special equipment, though privacy concerns and necessity are debated. The AI Enterprise platform enhances image processing and introduces digital twins for simulating actions.
While these innovations have immense potential, ethical considerations and challenges in widespread adoption remain. NVIDIA leads the way with these advancements, promising to transform industries and daily interactions.
According to Jim Keller, “Nvidia is slowly becoming the IBM of the AI era.”

Jim Keller, CEO of Tenstorrent and former engineer at AMD and Tesla, compares Nvidia to IBM in the AI era, praising Nvidia's leading position in AI hardware. Nvidia's processors are highly sought after by major tech companies, earning them over $26 billion in Q1 2024, with $22 billion from AI datacenter demand. CEO Jensen Huang believes AI represents the next industrial revolution, with Nvidia at the forefront.
Keller's analogy to IBM highlights Nvidia's market dominance but also serves as a reminder that monopolies are often temporary. The AI market's future is uncertain, with some analysts predicting a financial bubble due to high infrastructure costs.
Despite these uncertainties, Nvidia's early investment in AI has secured its current leadership. The market's evolution will determine if Nvidia maintains its dominance or faces challenges similar to IBM’s past. Regardless, Nvidia's impact on AI is significant and closely monitored.
😍 Enjoying so far, share it with your friends!
Microsoft and Apple Step Back from OpenAI Board Amid Regulatory Scrutiny

Microsoft has withdrawn from its non-voting observer role on OpenAI's board, citing significant progress in OpenAI's governance. Similarly, Apple has decided not to take a board observer position. This comes amid increased scrutiny from US and EU regulators over Big Tech's influence on AI startups, concerned it may stifle competition.
OpenAI, still heavily supported by Microsoft's $10 billion investment, will now update partners like Microsoft and Apple through regular meetings instead of board representation. The decision reflects a new strategy under CFO Sarah Friar to better engage key partners.
Regulatory bodies are worried about potential monopolies in the AI sector, with ongoing investigations into investments by major tech companies. Despite these concerns, OpenAI maintains its independence, emphasizing its governance by the OpenAI Nonprofit.
AMD Acquires Europe's Largest Private AI Lab, Silo AI, for $665 Million

AMD has announced a definitive agreement to acquire Silo AI, Europe's largest private AI lab, for approximately $665 million in an all-cash transaction. This acquisition aims to enhance AMD's AI strategy by delivering end-to-end AI solutions based on open standards. Silo AI, based in Helsinki, Finland, specializes in AI-driven solutions across diverse markets, serving clients such as Allianz, Philips, Rolls-Royce, and Unilever. The acquisition will allow AMD to accelerate the development and deployment of AI models and solutions globally.
Silo AI's CEO and co-founder, Peter Sarlin, will continue to lead the team as part of AMD’s Artificial Intelligence Group. The acquisition is expected to close in the second half of 2024, pending regulatory approvals. This move follows AMD's strategy of expanding its AI ecosystem, including investments of over $125 million in AI companies over the past year.
🚀 Tech Glimpse of the Week
OpenAI Defines Five Steps From AI to AGI
OpenAI has introduced a five-level framework to measure progress toward artificial general intelligence (AGI). The levels range from conversational AI (Level 1), to advanced problem-solving AI or "Reasoners" (Level 2), independent operating "Agents" (Level 3), innovation-creating AI (Level 4), and AI managing organizational tasks (Level 5). This system is subject to refinement based on feedback.
How Microsoft and the UAE got caught in the crossfire of the U.S.-China tech war
Chinese editor at Rest of World, highlights the impact of U.S.-China tech tensions on global deals, exemplified by Microsoft's $1.4 billion investment in UAE's AI firm G42. The deal, involving a geothermal-powered data center in Kenya, faces scrutiny due to G42's ties to China. Despite efforts to sever Chinese links, doubts remain about compliance. This case underscores the broader implications of geopolitical rivalries on tech partnerships and innovation, affecting companies and countries beyond the U.S. and China.
China advocates global collaboration on AI innovation, opposes ‘decoupling’ attempt
China advocates for global cooperation in AI innovation, opposing "decoupling" efforts and competitive practices. At the World Artificial Intelligence Conference 2024, Chinese firms showcased advancements in large language models across various industries. The Ministry of Foreign Affairs emphasized China's commitment to collaborative innovation, highlighting its contributions to global markets and green development.
Anthropic launches new prompt generator tools to help developers work faster
Anthropic has introduced new prompt generator tools aimed at aiding developers in accelerating their workflow. These tools are designed to streamline the process of generating prompts for AI models, enhancing efficiency and productivity. The launch is part of Anthropic's broader initiative to provide advanced resources for developers working with AI technologies.
Alibaba’s AI model outperforms Chinese rivals, ranks just behind OpenAI, Anthropic
Alibaba's Qwen2-72B-Instruct AI model has outperformed its Chinese competitors and ranked third globally, just behind OpenAI's GPT-4o and Anthropic's Claude 3.5 Sonnet, according to SuperClue's benchmarking. This ranking underscores the significant progress Chinese AI models have made, closing the gap with US models. Alibaba's success follows its recent top ranking of open-source models on Hugging Face. Despite this, closed-source models from OpenAI, Anthropic, and Google still dominate many benchmarks.
👥 Connect & Feedback!
👉 Join Us:
📧 Advertise In Weekly AI News:
📧 Contact directly at [email protected]
😍 Share with your friends!

Reply