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- 🚀 SoftBank to Invest $500 Million in OpenAI
🚀 SoftBank to Invest $500 Million in OpenAI
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Did you know Finland is offering AI courses to keep the country competitive? Their ambitious goal is to teach at least one percent of residents the basics of AI, ensuring a tech-savvy population for the future.
Source: Valuer
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WEEKLY ESSENTIAL Ai BITES
SoftBank to Invest $500 Million in OpenAI
Reuters
SoftBank is investing $500 million in OpenAI as part of a $6.5 billion funding round, valuing the AI leader at $150 billion. Microsoft and Thrive Capital are also key participants.
Key Things to Know:
SoftBank is contributing $500 million to OpenAI’s $6.5 billion round.
The investment values OpenAI at $150 billion.
SoftBank is ramping up AI investments after a cautious phase.
Why it matters:
This move signals SoftBank's renewed confidence in AI as a transformative technology. Despite leadership changes at OpenAI, the company continues to attract major backing, affirming its dominance in the AI space.
What’s Next?
OpenAI is expected to channel this fresh investment into advancing its AI capabilities, while also navigating internal restructuring, including potential changes to its corporate governance. The leadership transition and increased competition from rivals like Google and Anthropic will be key challenges in the coming months. Read More.
AI Chipmaker Cerebras Files for IPO to Take on Nvidia
CNBC
AI chip startup Cerebras Systems has filed for an IPO and will trade under the ticker symbol “CBRS” on Nasdaq. The company’s WSE-3 chip, which has more cores and memory than Nvidia’s H100, positions Cerebras as a competitor in the AI chip market.
Key Things to Know:
Cerebras filed for an IPO, set to trade under “CBRS” on Nasdaq.
Its WSE-3 chip challenges Nvidia’s dominance with larger size and more memory.
The company reported $136.4 million in sales for the first half of 2024, despite $66.6 million in net losses.
Why it matters:
Cerebras is stepping up in a competitive AI chip market dominated by Nvidia, Microsoft, and Google. With significant backing from investors and a $1.43 billion order commitment from G42, this IPO could give Cerebras the capital needed to accelerate growth in AI technology and cloud services.
What’s next?
Cerebras plans to use the IPO to expand its AI chip offerings and grow its cloud-based services. While its tech shows promise, supply chain issues and competition from major players like Nvidia and AMD will be key hurdles as the company navigates its public market debut. Read More.
Microsoft to Preview New AI Features on Copilot+ PCs in November
Thurrott
Microsoft is set to release several new AI-powered features on Copilot+ PCs in November, enhancing the user experience with a true AI companion-like interface. Features such as the delayed Recall and Click to Do will be available for testing by Windows Insiders in October.
Key Things to Know:
AI rollout: Microsoft will preview new AI features on Copilot+ PCs, including Recall for quick info retrieval and Click to Do for task automation.
Enhanced privacy: Recall snapshots will be encrypted and will exclude sensitive data like passwords and credit card details.
Improved search: Natural language search in File Explorer will allow users to find files and objects in pictures, even offline.
Why it matters:
These new AI features bring more intuitive and context-aware interactions to Windows, making it easier for users to automate tasks, improve photo quality, and search files without remembering file names. With enhanced privacy controls and broader support for ARM-powered apps, Copilot+ PCs are set to offer a more seamless experience for users.
What’s next?
In the coming months, Microsoft plans to expand these AI features to Windows Search and the Settings app. Expect to see new capabilities like Super resolution in Photos and generative tools in Paint, along with more apps running natively on ARM-powered Copilot+ PCs. Read More.
Ai TO MAKE YOU A MACHINE AT WORK
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Ai QUOTE — UNQUOTE
From the Trailblazers of AI Evolution
QUICK Ai HOW TO’S
Create a Stunning Presentation from any Document with Gamma
Sign up for a free Gamma account and log in to access your dashboard.
Click "+ Create new" and select "Import file or URL" to begin.prompt for [desired output] using the guide below."
Choose "Upload a file" and select the research paper you want to turn into a presentation..
In the prompt editor, select "Generate" for your desired text length and choose the "Card-by-card" layout.
Click "Continue" to generate your presentation, then refine and customize it as needed.
đź’ˇ Pro Tip: Use the "Write for" field to adjust the tone and complexity based on your audience.
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Ai GLOSSARY
“Emergent Behaviors”
 | Definition: Emergent behaviors in AI are surprising actions or skills that AI systems develop on their own, even though they weren’t specifically programmed to do so. Example: Imagine you teach an AI to play chess. Suddenly, it starts coming up with clever strategies that no one taught it. These new strategies are emergent behaviors—the AI figured them out by learning on its own! |
WHO’S HIRING?
Must-Apply AI Jobs Right Now
Ai PROMPT ON THIS WEEK’S MENU
To Answer “Tell Me About Yourself” Question
Prompt: Act as an HR expert assistant, tasked with crafting common scenario-based questions tailored for interviews related to [job title]. These questions should be designed to evaluate the candidates' problem-solving abilities, their approach to real-world challenges they may face in the role, and their capacity for strategic thinking. Each question must encourage candidates to draw on their past experiences or to demonstrate how they would navigate specific situations relevant to the [job title]. Ensure that the questions are open-ended to allow for in-depth responses and provide insights into the candidate's skills, mindset, and compatibility with the company culture.BONUS Ai BITS AND BYTES
Scrolled this far? Here are a few bonus bits to check out.
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