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In todayâs AI Report:
đ§ IBMâs Brain-Inspired Computer Chip
đšđłChina Companies Invest $340M in OpenAI Challenger
đ 5 Trending Tools
đ°Venture Capital Updates
đŒWhoâs Hiring?
Read Time: 3 minutes
đRECENT NEWS
IBM
đ§ IBMâs Brain-Inspired Computer Chip

IBM recently developed an AI processing chip designed to supercharge image recognition called NorthPole.
Key Details:
The NorthPole processor chip eliminates the need to frequently access external memory, allowing users to perform tasks faster than existing architectures with less computing power.
NorthPole functions on neural networks (i.e., multi-layered arrays of simple computational units programmed to recognize patterns in data). The bottom layer processes data like pixels in an image. Next, each successive layer detects complex patterns and communicates them to the following layer. Eventually, the top layer produces an output built on the combined data analysis of each layer.
NorthPole contains 256 cores with onboard memory, removing the need for external memory access and improving processing speed. IBM estimated NorthPole could be 25x more efficient than current designs.
Damien Querlioz, a Nanoelectronics Researcher at the University of Paris-Saclay in Palaiseau, stated: âIts energy efficiency is mind-blowing. This computational design will shake the common thinking of computer architecture.â
Why Itâs Important:
Current computer chips require external RAM, also known as computer memory, to calculate layers of data inputs. Transferring data between these units reduces computing speed. This phenomenon is known as the Von Neumann Bottleneck: a limitation in computer architecture that occurs from the separation of processing and memory units.
NorthPole is mitigating the Von Neumann Bottleneck through cores wired together in a network layout inspired by the white-matter connections between parts of the human cerebral cortex. In simple terms, NorthPole places memory units close to the computing elements in the core.
Even NorthPoleâs 224 megabytes of RAM cannot support Large Language Models (LLMs) like OpenAIâs ChatGPT, which requires several thousand megabytes of data. However, NorthPole could be helpful in speed-critical applications with pre-programmed neural networks, like self-driving cars.
GLOBAL NEWS
đšđłChina Companies Invest $340M in OpenAI Challenger

Chinese artificial intelligence firm Zhipu has raised over 2.5 billion yuan, or $341.82 million, from technology giants Alibaba and Baidu to develop powerful AI models.
Key Details:
The United States and China are competing fiercely to become world leaders in artificial intelligence (AI). This competition is referred to as the âAI War.â Both countries view AI as a critical technology for the future, potentially revolutionizing industries, militaries, and societies.
The United States has spawned notable companies like Googleâs Bard, OpenAIâs ChatGPT, and Anthropicâs Claude 2. In response, China is funding Zhipu, a firm developing Large Language Models (LLMs) to rival OpenAIâs GPT-4.
The company reportedly offers a chatbot called Qingyan. This chatbot recently added an open-source bilingual conversational AI model labeled ChatGLM-6B, which is trained on six billion parameters and can perform inferences on a single consumer-grade graphics card.
Why Itâs Important:
Last week, the Biden administration imposed additional restrictions on the export of Nvidia chips to China, impeding the countryâs ability to train LLMs. Chinaâs deep-pocketed companies have been stockpiling $4B worth of A800 GPUs to fuel AI projects.
AI models with large numbers of parameters generally perform more advanced tasks. However, neural networks with limited parameters are more hardware-efficient.
đ TRENDING TOOLS
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đ°VENTURE CAPITAL UPDATES
đŒWHOâS HIRING?
đ€PROMPT OF THE DAY
BUSINESS IDEAS
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Target Niche = [Insert Here]
Business Idea Details = [Insert Here]đFINAL NOTE
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