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💾 AI chips are harder to get than drugs

PLUS: Nvidia might be priced too high and (another) coding co-pilot

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Greetings, fellow humans. 👋

This is Not A Bot - the newsletter about AI that was definitely not written by AI. I’m Haroon, CEO of Autoblocks and founder of AI For Anyone, and I share the latest news, tools, and resources from the AI space.

Happy Wednesday. ChatGPT turned six months old yesterday. When do you think it’ll start walking?

Let’s dive into it…

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🧵 In today's edition:

  • 💾 AI chips are harder to get than drugs

  • 📷️ Photo Albums are making a comeback

  • 🤖 Extinction

  • 🤑 AI Fundraising News

🤖 Top AI News

💾 AI chips are harder to get than drugs

Nvidia’s A100 AI chip

Graphic Processing Units, or GPUs, are the lifeblood of generative AI.

Put it this way: GPUs are to AI what EDM was to middle school kids in 2015.

And currently, there is a severe shortage of GPUs. Almost every single GPU currently being used in the AI space is made by Nvidia, and they can’t keep up with the demand for their high-powered chips.

Elon Musk went so far as to say that “GPUs at this point are considerably harder to get than drugs.” That’s a wild statement to make, but honestly, pretty accurate.

Toronto-based AI chip design company Tenstorrent aims to help reduce that burden by partnering with LG Electronics to develop chips that power smart TVs, vehicle products, and data centers.

Tenstorrent was founded in 2016 and designed computers to train and run AI models. LG will use Tenstorrent's AI chip blueprint to create its own chips while exploring AI technology development opportunities.

Read more: Reuters

📷️ Photo Albums are making a comeback

Credit: Reimagine

Do you remember a time when IRL photo albums existed? Feels like a generation ago, huh?

The big issue with those photos was they would often be creased, blurry, or just photographed poorly due to the technological limitations of the time.

But now, genealogy company MyHeritage is turning to AI to preserve old memories with the launch of its latest app, Reimagine.

The app’s focus is to help users easily import printed photos in albums and restore them by improving their resolution, fixing scratches and creases, and even restoring color in black-and-white photos.

You also have the option of animating faces, a feature that went viral in 2021 with MyHeritage’s launch of “Deep Nostalgia.”

I am sending this to my grandparents ASAP.

Read more: TechCrunch

🤖 Extinction

If I asked you, “What would be the most likely cause of human extinction?” what would you say?

Chances are you’d say climate change, global nuclear annihilation, biological warfare, or ecological collapse. Or maybe a meteor 🧑‍🚀

But today, AI tops that list.

For a long time, we’ve heard industry experts and titans talk about the dangers and risks of AI and the need to slow down & properly regulate this technology.

Well now, nearly 400 AI experts, including high-level executives from Google, Microsoft, and OpenAI, have signed a statement warning that the risk posed by AI needs to be mitigated as a global priority.

Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.

That’s right - the risk of extinction.

This comes at the back of limited regulatory efforts, with Microsoft President Brad Smith calling for more attention to more immediate uses of AI, such as deepfakes and the potential for disinformation.

Let’s hope it doesn’t EVER come to that, shall we?

Read more: NBC News

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🤑 AI Fundraising News

Orbofi AI Raises a $2.8M Funding Round to enable users to generate a broad range of content from 3D assets to other digital content, democratizing AI-generated content to onboard the next billion people into the generative AI bandwagon.

Myocene Completes €2M Bridge Funding Round to create devices using patented algorithms and AI to measure athletes' muscle fatigue and performance, helping athletes better design their training to avoid accidents linked to long-term muscular fatigue.

🗞️ Byte size: AI article summaries

Disclaimer: AI is (partially) used to summarize these articles.

Nvidia is 'priced ahead of the curve,’ says Cathie Wood — as ARK Invest sold most of its stake in the company ahead of a bumper rally [Yahoo Finance] - ARK Invest CEO Cathie Wood has sold nearly 1 million shares of Nvidia ahead of the stock's massive rally, stating in a tweet that the shares were too expensive. Despite previously believing that Nvidia would continue to power the AI age, Wood sold the stake due to the current market valuation, which reflects 25 times the estimated sales for the current fiscal year. (Read more)

UpCodes launches Copilot, an AI-based research assistant for building code [TechCrunch] - UpCodes has launched a new AI-based tool called Copilot, which serves as a research assistant to help people navigate and understand the world of building codes. Copilot is built on ChatGPT-4 and can answer complicated code questions while annotating responses with links to relevant code sections. UpCodes has more than 650,000 monthly active users and has served over 100 million page views. (Read more)

🐦️ Tweet of the day

💰️ Note: I don’t think this exists, but an interesting application…

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And that does it for today's issue.

As always, thanks for reading. Have a great day, and see you next time! ✌️

— Haroon: (definitely) Not A Robot and @haroonchoudery on Twitter

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