🤖 Tech Giants $100 Billion AI Gamble

PLUS: Lionsgate Brings AI To Hollywood, AI Deciphers Vocalizations of Eight Distinct Whale Species

Author

James Roesser
September 20, 2024

Welcome back AI enthusiasts!

In today’s AI Report:

  • 🎲Tech Giants $100 Billion AI Gamble

  • 🍿Lionsgate Brings AI To Hollywood

  • 🐋AI Deciphers Vocalizations of Eight Distinct Whale Species

  • 🛠Trending Tools

  • 💰Funding Frontlines

  • 💼Who’s Hiring?

Read Time: 3 minutes

🗞RECENT NEWS

TECH GIANTS

🎲Tech Giants $100 Billion AI Gamble

Image Source: Canva’s AI Image Generators/Magic Media

A newly formed coalition of Tech Giants is betting $100 billion that AI advancements will alter global trade infrastructure.

Key Details:

  • The Global AI Infrastructure Investment Partnerships (GAIIP), led by BlackRock, aims to address the growing demand for AI infrastructure by investing in data centers and improving energy sources to reduce AI advancement bottlenecks.

  • BlackRock is the world’s largest asset manager, managing over $10.65 trillion in Assets Under Management (AUM): the total market value of all of BlackRock’s financial assets.

  • AI developments require immense computational resources (e.g., processing power and cooling systems), which results in massive energy consumption.

  • The money needed to build AI infrastructure “goes beyond what any single company or government can finance,” said Brad Smith, Vice Chair and President of Microsoft.

  • OpenAI CEO Sam Altman recently invested in nuclear fission microreactor startup Oklo, which leverages nuclear power to provide clean, reliable, and affordable energy for OpenAI’s projects.

Why It’s Important:

  • Boston Consulting Group (BCG) estimates demand for data centers will rise 15% to 20% every year through 2030.

  • McKinsey & Co. (McK) states that a single data center can use as much power as 80,000 houses.

🩺 PULSE CHECK

Is the $100 billion AI infrastructure investment a wise gamble for Tech Giants?

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LIONSGATE

🍿Lionsgate Brings AI To Hollywood

Lionsgate recently partnered with Runway to explore the use of AI in film production.

Key Details:

  • Lionsgate is the film company behind The Hunger Games Series, Hacksaw Ridge, and the John Wick Saga.

  • Runway is an applied AI research company shaping the next era of art, entertainment, and human creativity.

  • This partnership allows Runway to build AI models that generate cinematic films. These AI models are trained on Lionsgate’s proprietary content library.

Why It’s Important:

  • “Runway is a visionary, best-in-class partner who will help us utilize AI to develop cutting-edge content creation opportunities for filmmakers,” said Lionsgate Vice Chair Michael Burns.

  • After a 148-day strike, Hollywood screenwriters secured significant guardrails against using AI models to diminish a writer’s credits or rights. Now, Hollywood is actively partnering with AI firms, worrying employees in filmmaking roles.

AI RESEARCH

🐋AI Deciphers Vocalizations of Eight Distinct Whale Species

Google Research developed an AI model that identifies, interprets, and deciphers the vocalizations of eight distinct whale species: Humpback, Killer, Blue, Fin, Minke, Bryde’s, North Atlantic Left, and North Pacific Right.

The AI model converts the vocalizations of eight distinct whale species into images called spectrograms (i.e., a visual way of representing the “loudness” of frequencies).

Then, the spectrograms are converted to the Mel Scale, which better matches the human perception of pitch. This process allows humans to analyze a whale’s clicks, whistles, and pulse calls.

🛠TRENDING TOOLS

📊EdrawMax converts text into captivating diagrams.

📬eColdAI generates personalized subject lines for cold emails.

💵PortfolioPilot offers financial advice for self-directed investors.

⚙️Solidroad turns your company’s knowledge base into immersive training programs.

📖HyperspacePlay allows you to discover, interact with, and use multiple popular AI models.

🔮Browse our always Up-To-Date AI Tools Database.

💰FUNDING FRONTLINES

  • Fathom raises a $17M Series A to record, transcribe, and summarize your meetings.

  • Rep.ai closes a $7.5M Seed Round to launch “digital twin” sales representatives.

  • Dirt secures a $2M Pre-Seed to identify attention-demanding content with AI sensors.

💼WHO’S HIRING?

  • Visa (Austin, TX): Data Engineer Intern, Summer 2025

  • Wayfair (Boston, MA): Data Science Intern, Summer 2025

  • Netflix (Los Gatos, CA): Software Engineering Intern, Summer 2025

  • Intuit (Mountain View, CA): Software Engineering Intern, Summer 2025

  • Applied Intuition (Mountain View, CA): Software Engineer, New College Grad 2025

🤖PROMPT OF THE DAY

CLOUD COMPUTING

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Prioritize cost-effectiveness, scalability, and security when choosing a Cloud Service Provider (CSP).

Make sure to compare the CSP offerings for storage, computing power, and database services.

Business = [Insert Here]

Product/Service = [Insert Here]

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📒FINAL NOTE

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