🤖 AI Boom Leads To GPU Shortage

PLUS: Elon Musk Purchases AI.com From OpenAI

Welcome back AI enthusiasts!

In today’s AI Report:

  • 💥AI Boom Leads To GPU Shortage

  • 🏦Elon Musk Purchases AI.com From OpenAI

  • 🛠5 Trending Tools

  • 💰Venture Capital Updates

  • 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

NVIDIA

💥AI Boom Leads To GPU Shortage

Microsoft, OpenAI, and Inflection AI power these massive AI projects using NVIDIA H100 AI GPUs.

In July, Inflection AI created an $880M supercomputer powered by 22,000 NVIDIA H100 GPUs.

The processor market was recovering from a GPU shortage from the cryptocurrency boom. Now, Nvidia struggles to maintain a consistent supply chain to meet corporate demand.

Why It’s Important:
  • The GPU shortage will continue as hardware funnels into these massive corporate projects.

  • The current AI craze among companies could result in a severe spike in PC graphics card prices, impacting consumer cards.

OPENAI

🏦Elon Musk Purchases AI.com From OpenAI

This domain previously belonged to OpenAI, but now it’s a landing page for Musk’s AI venture, X.AI.

Elon Musk launched X.AI to develop pro-human AI models and limit human-competitive intelligence risks to society and humanity.

The team has experience with DeepMind, OpenAI, Google Research, Microsoft, and Tesla.

Why It’s Important:
  • X.AI could alter how we integrate AI tools to improve productivity and view the future of AI models.

  • This venture could establish ethical and safe practices in AI development, like model accuracy, fairness, and transparency guidelines.

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💰VENTURE CAPITAL UPDATES

  • Disprz raises $30M in Series C to develop Generative AI solutions to help enterprises with skilling.

  • IVIX closes $12.5M Series A Funding to combat financial crimes with AI.

💼WHO’S HIRING?

  • Stripe (Remote): Data Scientist, Operations Machine Learning

  • Upwork (Remote): VP, AI, and ML

  • Fidelity (Salt Lake City, UT): Principal, AI/ML Engineer

🤖PROMPT OF THE DAY

MARKETING

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📒FINAL NOTE

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