The AI industry has evolved a set of standard benchmarks against which AI models are tested. That allows developers to see how effective their systems are and also allows developers and users to compare systems against each other.
Category: TRENDS IN AI – Nov 19 2024
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THE NEW HOT COLLATERAL FOR LOANS: NVIDIA CHIPS
AI companies scrambling for cash to build new models and open data centers are offering their most valuable commodity as collateral for their loans—the Nvidia chips that make AI work.
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AMAZON EXPECTS TO UNVEIL ITS NEWEST AI CHIP NEXT MONTH
Concerned about its dependence on other suppliers for the processors that make AI work—and looking to earn back some of the billions it has showered on AI development—Amazon has emulated Microsoft, OpenAI, and other tech majors in making its own.
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AI’S SURGING POWER DEMANDS SHOULD NUDGE OIL MAJORS TOWARD RENEWABLES, ARAB OIL CHIEFTAIN SAYS
Earlier this month, the United Arab Emirates (UAE) hosted a summit that brought together CEOs of oil majors BP, Shell, and TotalEnergies with officials of Microsoft and other leading tech companies, the board chair of private equity firm Brookfield Asset Management, and executives of German utility RWE and EDF, which provides power in the U.K.
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NEW AI CAN SMOOTH OUT BUMPY AIRLINE FLIGHTS
Air turbulence that slops your coffee onto your fold-down tray could disappear with FALCON, a new AI that can instantly adjust an airplane’s behavior as it encounters the sudden differences in air pressure that cause bumpy flights.
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OPENAI URGES “NORTH AMERICAN COMPACT” TO COMPETE WITH CHINA
OpenAI has called for the creation of a “North American Compact on AI” under which the U.S. and Canadian governments and their AI companies would work together to outcompete China on AI development and deployment.