UAE and Saudi Arabia Advance AI Ambitions with U.S.-Approved Nvidia Chips
The UAE and Saudi Arabia are securing U.S. approval to acquire advanced Nvidia AI chips, to progress their efforts to become global leaders in AI. All you need to know.
Delve into the forefront of AI Business with key articles and breaking news, highlighting pivotal developments shaping the industry’s landscape.
The UAE and Saudi Arabia are securing U.S. approval to acquire advanced Nvidia AI chips, to progress their efforts to become global leaders in AI. All you need to know.
Why Nvidia loses $279 billion in market value – the largest single-day drop for a U.S. company ever, causing investor skepticism about AI’s long-term returns
Canva acquired Leonardo AI, the AI content design and research startup with over 19 million users: everything you need to know
The AI search engine war is here. Learn how OpenAI’s SearchGPT challenges Google’s dominance and what it means for the future of search.
Elon Musk announced that Tesla’s Optimus Robots, initially planned for internal use in 2024, will hopefully be ready for broader deployment by 2026.
Meta has launched Llama 3.1, the largest-ever open-source AI model, which it claims outperforms leading models like GPT-4o and Claude 3.5 Sonnet
Meta withholds the release of its upcoming multimodal AI model from the European Union, citing the unpredictable regulatory environment, while a text-only version of its Llama 3 model will still be released in the EU. Meta Withholds Multimodal AI Model from the EU – Image Credit – Canva, The AI Track Meta Withholds Multimodal AI Model from the EU – Key Points Meta’s new model: Meta’s new multimodal AI model, capable of processing video, audio, images, and text, will not be available in the EU.
OpenAI has introduced the GPT-4o Mini, a cost-effective and smaller version of its advanced AI model, designed to make powerful AI more accessible and efficient. OpenAI Unveils GPT-4o Mini – Image Credit – Canva, The AI Track Key Points Size: Roughly the same size as Gemini 1.5 Flash and Claude 3 Haiku, GPT-4O Mini is much faster and cost-efficient. Cost: Priced at 15 cents per million input tokens and 60 cents per million output tokens, GPT-4o Mini offers a budget-friendly option for robust AI capabilities.
The race for AI supremacy is no longer limited to a US-China rivalry. This article examines the global competition for AI leadership, analyzing strategies employed by nations like France, the UAE, and Saudi Arabia, highlighting the importance of international collaboration in shaping a beneficial AI-powered future.