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💰Nvidia’s AI Surge: A $3.4 Trillion Threat to Competitors?

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Welcome back AI Brainiacs!

Did you know that on March 22, 2023, Elon Musk, Steve Wozniak, and thousands of others called for a six-month pause 🛑 on training AI systems more powerful than GPT-4? In their open letter, they even urged governments to step in if researchers don’t comply, emphasizing that this pause should be public, verifiable, and include all key players. 🤖

In Today’s Issue:

  • Nvidia’s AI Surge: A $3.4 Trillion Threat to Competitors?

  • AI-Driven Gmail Scams: How Hackers Are Targeting 2.5 Billion Users

  • Google Unveils AI-Powered Upgrades to Google Shopping

Read time: Under 4 minutes

🍪 WEEKLY ESSENTIAL Ai BITES

NVIDIA

💰Nvidia’s AI Surge: A $3.4 Trillion Threat to Competitors?

CNBC

The Scoop:

Nvidia closed at a record high as its market cap soared to $3.4 trillion, riding the wave of the AI boom and the massive demand for its GPUs.

Key Things to Know:

  • Record-breaking stock: Nvidia shares hit an all-time high, closing at $138.07, with the stock up nearly 180% this year.

  • AI dominance: Nvidia controls 95% of the market for AI chips, powering infrastructure for companies like Microsoft, Meta, and Google.

  • Revenue growth: Nvidia’s revenue has tripled in recent quarters, and demand for its next-gen GPU, Blackwell, is expected to generate billions in Q4.

Why it matters:
Nvidia is at the forefront of the AI revolution, providing the critical hardware for advanced AI models like ChatGPT. As AI spending ramps up across major tech firms, Nvidia’s dominance could pose a significant challenge to competitors in the chip market. Read More

GOOGLE

🔒 AI-Driven Gmail Scams: How Hackers Are Targeting 2.5 Billion Users

Forbes

The Scoop:

Google has issued a new alert for Gmail users as AI-powered phishing attacks become increasingly sophisticated. With over 2.5 billion users, Gmail is a prime target for hackers using advanced AI to create convincing scams.

Key Things to Know:

  • AI-driven phishing scams: Hackers are using AI to create realistic Gmail account recovery scams, tricking users into giving up their credentials.

  • Recent cases: High-profile users, including security experts, have reported nearly falling victim to AI-powered Google support scam calls.

  • Google’s response: Google has partnered with the Global Anti-Scam Alliance to combat scammers and launched the Global Signal Exchange to share scam intelligence.

Why it matters:
As hackers adopt AI to create even more convincing scams, Gmail users are increasingly at risk. These phishing attempts can trick even the most tech-savvy individuals, making it crucial for users to stay vigilant and avoid giving up sensitive information. Read More

TOGETHER WITH ROKU

2025 Prediction: A Surge of Self-Serve CTV Buyers

Roku predicts that 2025 will be a breakthrough year for self-serve CTV advertising. Roku Ads Manager makes it easy to integrate CTV into your 2025 marketing mix. Easily segment your target audience, optimize campaigns in real-time, and drive conversions with interactive ad formats and shoppable ads with a Shopify integration. Roku Ads Manager makes CTV advertising accessible and impactful for businesses of any size.

GOOGLE

🛍️ Google Unveils AI-Powered Upgrades to Google Shopping

Meta has unveiled Movie Gen, a new AI model that generates realistic video and sound, challenging offerings from competitors like OpenAI and ElevenLabs.

Key Things to Know:

  • AI-powered shopping: Google’s new AI feature creates tailored briefs, guiding you to the most relevant products based on searches like “men’s winter jacket for Seattle.”

  • Enhanced filters & AR Try On: Shoppers can now use filters and AR tools to try on products virtually for a more informed buying experience.

  • Personalized feed & deals: Google Shopping will now show personalized product recommendations and offer new price comparison, tracking tools, and a dedicated “Deals” page.

Why it matters:
These updates streamline the shopping process, making it faster and easier to find products that suit individual needs. With over a billion Google Shopping searches daily, these features are set to boost engagement, especially during the holiday season. Read More

👀 IN CASE YOU MISSED THESE…

🤓 Nobel Prize winner warns AI could ‘take control’ and render humans irrelevant.

🎓 Paid for a 90-Minute AI Masterclass and now can’t stop using AI!

 Apple introduces a new iPad mini ahead of AI software launch

⚡Google secures nuclear power for AI datacenters in a groundbreaking deal.

 🤖 ChatGPT Power Hacks

 📈 Trending Ai Tools for Productivity

🔍 KurationAI: Enrich your lead databases with AI-driven agents.

🌐 Gene: Access AI assistance directly in your browser to understand any webpage.

🎯 JobJump: Get AI-powered help to shine in job interviews.

☕️ Nighcafe: Create, share, and discuss AI-generated art.

🛍 Qreates: Generate high-quality product photos with ease.

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 🐝 Ai Buzz Word Spotlight

🔍 Transfer Learning

Transfer learning is like learning a new skill faster by using what you already know. Instead of starting from scratch, the AI takes knowledge from one task and applies it to another.

💡 Example: Imagine you’ve already learned how to ride a bike. When you pick up skateboarding, you don’t start from zero—you use your balance skills from biking to learn faster. Similarly, an AI trained to recognize dogs can quickly learn to recognize cats by transferring what it already knows! This makes the learning process much faster and more efficient.

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Warm regards,
Mick & Rena