- The AI Pulse
- Posts
- 🤖 Sam Altman Fundraises for AI Chip Factories
🤖 Sam Altman Fundraises for AI Chip Factories
PLUS: Blockchain + AI = Less Bias?
James Roesser
January 23, 2024
Welcome back AI enthusiasts!
In today’s AI Report:
💵Sam Altman Fundraises for AI Chip Factories
⛓Blockchain + AI = Less Bias?
🛠5 Trending Tools
💰Venture Capital Updates
💼Who’s Hiring?
Read Time: 3 minutes
🗞RECENT NEWS
OPENAI
💵Sam Altman Fundraises for AI Chip Factories
Image Source: Kyle Wiggers/TechCrunch
OpenAI CEO Sam Altman seeks billions of dollars from global investors to develop a chip venture that establishes a manufacturing network.
Key Details:
Altman plans to partner with “top major chipmakers” to build fabrication plants (i.e., a factory for semiconductor devices).
These devices are the underlying computational hardware that offers increased processing power for AI models.
Building a central fabrication plant requires tens of billions of dollars, and constructing a network of facilities would take years.
Intel Corp., Taiwan Semiconductor Manufacturing Company (TSMC), and Samsung Electronics Co. lead the chip manufacturing market, presenting partnership opportunities for OpenAI.
Altman is meeting with Taiwanese chipmaker TSMC and Middle Eastern investors to kickstart his venture.
Why It’s Important:
Altman is trying to reduce the computational constraints that limit the progress of AI models, like chip shortages.
Decreasing reliance on Nvidia for AI-centric GPUs places OpenAI in the driver’s seat of innovation.
🩺 PULSE CHECK
Who will be the leading AI chip manufacturer in six months?Vote Below to View Live Results |
AI RESEARCH
⛓Blockchain + AI = Less Bias?
Image Source: Christophe Morin/Bloomberg
Researchers believe developers could leverage the blockchain to prevent bias in the data AI models are trained on.
Key Details:
Blockchain is a decentralized, immutable, public digital ledger that records transactions to prevent tampering.
Developers can use the blockchain to monitor the data AI models are trained on to prevent hallucinations.
Casper Labs, which powers scalable, secure, and decentralized blockchain solutions for businesses, is partnering with IBM to manage training data for generative AI systems across organizations.
Chief technology officer and co-founder of Casper Labs, Medha Parlikar, explained: “The datasets are checkpointed and stored so you have proof of how the AI is trained.”
Why It’s Important:
Examining how AI models are trained relative to the data allows developers to pinpoint why models hallucinate and remove the corrupt content.
CEO of the Crypto Council for Innovation, Shelia Warren, stated: “Checks and balances within an AI system are going to be blockchain driven.”
🛠TRENDING TOOLS
📊ArtificialAnalysis compares the latest AI models.
🔖Namelix generates short, brandable business and domain names.
📑Tamed creates polished presentations and documents faster.
⛵️Midjourney explores new mediums of thought to expand the imaginative powers of the human species.
🐷Piggy transforms short text into a mobile story.
💰VENTURE CAPITAL UPDATES
Quantinuum raises $300M at a $5B valuation to bring quantum technologies to financial services.
Elon Musk denies AI startup xAI raised $500M toward a $1B funding goal.
Vicarius secures $30M to expand AI-powered vulnerability remediation.
💼WHO’S HIRING?
🤖PROMPT OF THE DAY
PIVOT?
🚧Roadblocks and Challenges
Identify potential roadblocks and challenges an entrepreneur might face when starting a [Niche or Industry] business and how to solve them proactively to improve the odds of success.
Niche or Industry = [Insert Here]📒FINAL NOTE
If you found this useful, follow us on Twitter or provide honest feedback below. It helps us improve our content.
How was today’s newsletter?
❤️AI Pulse Review of The Day
“Do you have a database for all the trending tools you post?”
🎁NOTION TEMPLATES
🚨Subscribe to our newsletter for free and receive these powerful Notion templates:
⚙️150 ChatGPT prompts for Copywriting
⚙️325 ChatGPT prompts for Email Marketing
📆Simple Project Management Board
⏱Time Tracker
Reply