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Nvidia Doubles Down on AI Supremacy with Blackwell, Rubin Chips!

Nvidia is leaving no doubt that it intends to maintain its edge in the AI chip wars. At Computex 2024, CEO Jensen Huang unveiled the company's roadmap for next-generation GPUs that will power increasingly advanced AI applications through 2026 and beyond.

The Blackwell Ultra is slated for release in 2025 and is what will likely springboard its current success even further. While full specs weren't provided, Nvidia says it will deliver a blistering 5x increase in teraflops performance compared to chips just two years prior. This unprecedented 2-year cadence of performance leaps is even outpacing Moore's Law.

Not resting on its laurels, Nvidia also teased "Rubin" for 2026 and "Rubin Ultra" for 2027 as part of what Huang dubbed "a new industrial revolution" powered by AI acceleration.

The audacious roadmap aims to maintain Nvidia's dominance in the AI training chip market, which has faced intensifying competition from AMD and others. AMD claims its forthcoming MI325X GPU, due in Q4 2024, will outperform Nvidia's current H200 flagship.

But Nvidia isn't just focusing on raw computing power. It also unveiled AI software tools like Project G-Assist for gaming assistance, and ACE for simplified creation of digital avatars across industries.

As AI capabilities rapidly advance, Nvidia is betting big that its full-stack dominance - from chips to software - will be pivotal in shaping the next era of artificial intelligence innovation.

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MORE THAN MEETS THE EYE

Perplexity Launches AI-Powered 'Pages' for Automated Content Creation

Startup Perplexity has unveiled a new tool called Pages that allows users to automatically generate full articles, reports and guides using advanced language models.

With just a few prompts, Pages taps into Perplexity's AI search capabilities to find relevant information and synthesize it into a coherent, structured document complete with citations. Users can specify the target audience level and customize the writing style. But perhaps most impressively, Pages also automatically inserts relevant visuals and allows further editing of the content layout.

The burning question is whether AI-generatedPages will be adopted as legitimate content or dismissed as low-quality spam. Perplexity claims the tool is already getting indexed by Google, with the potential to disrupt search rankings and SEO strategies. It remains to be seen if machine-authored Pages provide true value or simply contribute to an oversaturation of AI word salads online.

Meta Using User Data to Train Its AI Models, Offers Opt-Out for Europeans

Privacy advocates, beware - Meta has confirmed it is using user data from Facebook and Instagram to train its AI models, including the AI systems behind features like chatbots and creative tools. And it's doing so without explicitly asking for consent, except in regions with strict data laws.

In Europe, where GDPR regulations provide robust data privacy protections, Meta must allow users to opt out of having their information utilized for AI training purposes. The company has begun emailing and notifying European users about this "AI at Meta" initiative, disclosing it will rely on a "legitimate interests" legal basis to train AI models on user content.

However, critics argue Meta's opt-out notices are deceptively worded, suggesting users need to justify their objection rather than it being an automatic right. The language states that a request will only be "honored" if the "objection is honored," implying Meta reserves the ability to deny some opt-outs arbitrarily.

Tech Giants Pledge Transparency on AI Safety Measures

In a move aimed at bolstering public trust, major tech companies including Microsoft, Amazon, and IBM have committed to disclosing the safety practices used in developing powerful AI models known as "foundation models."

At the AI Safety Summit in Seoul, 16 firms signed the "Frontier AI Safety Commitments," pledging to publish their processes for identifying and mitigating potential risks posed by large multimodal AI systems before deployment. The companies, including Meta, Samsung, and Anthropic, agreed not to release models if the risks cannot be properly controlled.

The commitments build on last year's "Bletchley Agreement" to classify AI risk categories. Signatories must outline their models' risk levels and safety roadmaps before the next AI Safety Summit in 2025. Government leaders touted the pact as establishing transparency best practices.

While welcomed by experts as a positive step, some argue the disclosures need third-party auditing to be fully credible. There are also concerns that AI companies may still exploit open-ended definitions of "acceptable risk" to their advantage.

ICYMI

MONEY, MONEY, MOOONEY

Funding rounds and acquisitions this week that caught our attention include:

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