Amazon unveils AI chip to compete with Microsoft, Nvidia

Amazon revealed Trainium2, an AI chip for training large language models, at the Reinvent conference in Las Vegas. This chip, offering four times faster training and double the energy efficiency compared to its predecessor, will be available on Amazon EC2 ultra clusters. Additionally, Amazon announced Graviton4, touted as their most powerful and energy-efficient processor, enhancing performance for EC2 applications.

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AI-Powered Social Marketing App Introduces Image Suggestions to Simplify Social Media Content Creation: Hookle

Hookle, a mobile app for social media marketing, introduces a groundbreaking AI-based feature offering smart image suggestions from high-quality stocks. This enhancement, aimed at simplifying social media management for small businesses, integrates with Hookle’s existing tools like scheduling and analytics. It stands out in the competitive market with its user-friendly, cost-effective solutions tailored for entrepreneurs.

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Amazon Has Developed Its Own Version of an AI Image Generator

This week, Amazon Web Services showcased a variety of new products at its annual re:Invent conference, including the Titan Image Generator and a business chatbot named Q. AWS, a leading cloud services provider, is expanding its AI capabilities, integrating offerings like Anthropic’s Claude models and an updated version of Meta’s Llama model, enhancing its competitive stance in large language model products.

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AI investments carry whiff of vicious circles past

The recent upheaval at OpenAI, backed by Microsoft, underscores the risks in the financial dynamics of AI investments. Tech giants are making significant bets on AI startups, often in exchange for future revenue commitments. This trend, evoking the dot-com era, raises concerns about overvaluation and dependency, especially as companies like Amazon and Google invest heavily in AI ventures.

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Ethereum’s Vitalik Buterin Warns AI Could Pose ‘Existential Risk,’ Elon Musk’s X Secures New Payment License in US State, SHIB Cryptic Text Puzzles Community: Crypto News Digest by U.Today

Ethereum co-founder Vitalik Buterin has warned about the existential risks posed by AI, suggesting it could outsmart humans and become the dominant force on Earth. Meanwhile, Elon Musk’s X platform secured a money transmitter license in South Dakota, advancing its goal to become an “everything app” and potentially rivaling financial services firms like Stripe and PayPal.

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Uncovered EA patent would use AI to replace professional voice actors with (fake) you

EA Games’ recent patent suggests a technology that allows players to voice video game characters using their own speech. This requires significant speech and text input data, either from within the game or from external sources. The concept aligns with Inworld AI’s “Inworld Origins,” which uses player voice input for NPC interactions, showcasing the feasibility of this technology in gaming.

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AI may lead to more objective ADHD diagnosis

Researchers utilized AI to examine brain MRI scans, identifying significant differences in nine white matter tracts of adolescents with ADHD. This study, using deep learning on a large sample from the ABCD dataset, marks a critical step in objectively diagnosing ADHD, potentially revolutionizing current subjective methods. The findings were presented at the Radiological Society of North America’s annual meeting.

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AI model accurately predicts breast cancer risk across multiple races

A deep learning AI model, using only mammogram images, accurately predicted both ductal carcinoma in situ (DCIS) and invasive carcinoma, with no racial bias. Presented at the RSNA meeting, this model outperforms traditional breast cancer risk assessment models and offers a more equitable and accurate risk evaluation across different racial groups, demonstrating significant potential in breast cancer diagnosis and risk assessment.

AWS Announces More Model Choice and Powerful New Capabilities in Amazon Bedrock to Securely Build and Scale Generative AI Applications

Amazon Bedrock, a new service from Amazon, provides a platform for businesses to easily build and scale generative AI applications. It offers access to leading large language models from various AI companies and Amazon itself, along with tools for model customization, automation, and responsible deployment. This service aims to democratize access to generative AI, allowing organizations to innovate and enhance customer experiences more effectively.

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Artificial Intelligence Paints Mixed Picture for Artists

“Ecology of Worries,” an animation series by artists Caitlin Foley and Misha Rabinovich, features unique creatures with AI-generated speech, expressing worries. Displayed in Boston and Taos, the project used AI to transform collected human anxieties into synthetic worries spoken by the critters. This innovative use of AI in art raises questions about the technology’s impact on emotions and the creative process.

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BostonGene Wins Fierce Life Sciences Innovation Award for AI-Driven Clinical Trials Matching Algorithm

BostonGene has been awarded the 2023 Fierce Life Sciences Innovation Award for its AI-driven clinical trials selection tool. This accolade, given by Fierce Biotech and Fierce Pharma, recognizes the company’s impactful AI technologies in enhancing patient outcomes and research. Their proprietary algorithm, integrated into the BostonGene Tumor Portrait™ test, tailors clinical trial recommendations using advanced AI, while their KassandraTM tool, a finalist in the awards, innovatively reconstructs the tumor microenvironment, demonstrating BostonGene’s significant advancements in biotech and pharma.

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PR leaders advocate for AI adoption to tackle misinformation

At the PRSK annual summit, Arik Karani emphasized AI’s importance in public relations to combat misinformation. He stressed the need for PR professionals to leverage AI for identifying and analyzing false information effectively. The summit, attracting international delegates, discussed repositioning PR in the digital age, highlighting the challenges of fake news and deepfakes. Additionally, PRSK is advocating for industry standards through the proposed IPRAC bill, aiming to legally enhance PR practices in Kenya.

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Google DeepMind invents nearly 400,000 new materials

DeepMind, Google’s AI lab, has enhanced the Materials Project database at Berkeley Lab by adding 400,000 new materials. This expansion provides scientists with a broader spectrum of materials to investigate, facilitating the development of advanced technologies. Kristin Persson, the project’s founder and director, underscores the necessity of new materials in tackling global environmental and climate challenges.

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A war for AI talent in the banking sector

The banking sector is rapidly integrating AI, offering a wide range of applications from customer service to fraud detection. McKinsey predicts AI could increase bank productivity by up to 4.7% annually. Despite this potential, there’s a significant talent gap, with only 650 AI-related positions in major banks as of 2022. This has sparked a competitive recruitment drive among banks like JPMorgan and Goldman Sachs to secure top AI talent.

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Tola Capital, investing in AI-enabled enterprise software, closes largest fund at $230M

Tola Capital has raised $230 million for its third fund, focusing on AI-enabled enterprise software. This brings its total funds to $688 million. The venture capital firm, founded by former Microsoft executive Sheila Gulati, invests in early-stage startups using AI in enterprise software. Tola Capital III will target investments in 25-30 global companies, emphasizing “enterprise scaffolding” of AI.

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