The intersection of artificial intelligence (AI) and various industries is a hot topic in today's tech landscape. From AI services providers going public to the hidden costs of AI trading long-term resilience for short-term efficiency, the implications are far-reaching. In this news brief, we'll delve into the latest developments in AI, exploring its impact on manufacturing, education, and more.
AI Services Provider CoreWeave Files for IPO
CoreWeave, an AI services provider, has filed to go public. The company offers software and cloud services to manage complex AI infrastructure at scale, working with Nvidia to deploy GPU technologies and having relationships with Microsoft and Meta. In 2024, CoreWeave made $1.9 billion in revenue and logged a loss of about $863 million.
The Hidden Cost of AI: Trading Long-term Resilience for Short-term Efficiency
A recent article highlights the hidden cost of AI, where long-term resilience is traded for short-term efficiency. This concept is particularly relevant in the civic space, where efficiency is only a meaningful goal if it enables higher effectiveness. However, the development and use of AI for tasks have externalities, including environmental and economic costs.
Digital Transformation: Children Growing Up with Artificial Intelligence
Young children are at the forefront of a digital transformation, with nearly 30% of parents reporting their kids under eight are using AI for educational purposes. This trend is expected to continue, with school districts across the nation investing in updated trade programs to counter the threat of AI.
Morgan Stanley Sees Tesla Stock Reaching $430, Reinstates as Top Pick Over AI, Robotics Play
Morgan Stanley analyst Adam Jonas predicts Tesla stock will reach $430, reinstating the company as a top pick over AI and robotics play. Jonas believes Tesla's softer auto deliveries are emblematic of a company in transition from an automotive 'pure play' to a highly diversified play on AI and robotics.
Google Co-Founder Pushes DeepMind Team to Work 60-Hour Weeks as AGI Race Heats Up
Google co-founder Sergey Brin has recommended that employees at the tech giant's DeepMind AI division put in 12-hour workdays as the race to artificial general intelligence (AGI) intensifies. Brin's internal memo stressed the importance of physically being together in the office and working efficiently to win the AGI race.
Generative AI and Civic Institutions
A recent discussion highlights the challenges of applying generative AI to the civic space. While AI can increase productivity, it also has externalities, including environmental and economic costs. The purpose and core meaning of civic institutions are completely different from those of private companies, making it difficult to decide when and how to apply generative AI.
Hands-on Skills, Trade Schools Being Revived; Threat of AI Intensifies
Hands-on skills are making a comeback as artificial intelligence tries to move in. School districts across the nation are investing in updated trade programs, which are often getting pushed aside as new AI emerges. The threat of AI is intensifying, with thousands of students attending career expos to learn hands-on skills.
Alibaba Launches RISC-V-Based XuanTie C930 Server CPU — AI/HPC Chip Ships This Month, More Designs to Follow
Alibaba has announced its newest CPU release, the XuanTie C930, a RISC-V processor built for AI-HPC workloads. The company describes it as its 'first server-grade processor.' Alibaba has a solid reputation for CPU performance, and the C930 is expected to perform beyond expectations.
Billionaire Investor Ray Dalio Warns the U.S. Won't 'Be Competitive in Manufacturing with China in Our Lifetime'
Billionaire investor Ray Dalio warns the U.S. won't 'be competitive in manufacturing with China in our lifetime.' China will continue to have the manufacturing edge over the U.S., according to Dalio.
People Are Using Super Mario to Benchmark AI Now
Researchers are using Super Mario Bros. to benchmark AI, with Anthropic's model performing the best, followed by Claude 3.5. Google's and OpenAI's models struggled, highlighting the challenges of applying AI to real-time games.
Key Takeaways
- AI services providers are going public, with CoreWeave filing for an IPO.
- The hidden cost of AI trading long-term resilience for short-term efficiency is a growing concern.
- Children are growing up with AI, with nearly 30% of parents reporting their kids under eight using AI for educational purposes.
- Tesla stock is expected to reach $430, reinstating the company as a top pick over AI and robotics play.
- Google's DeepMind team is working 60-hour weeks as the AGI race heats up.
- Generative AI is being applied to the civic space, but its externalities and challenges are significant.
- Hands-on skills are making a comeback as AI tries to move in.
- Alibaba has launched a RISC-V-based XuanTie C930 server CPU, built for AI-HPC workloads.
- The U.S. won't be competitive in manufacturing with China in our lifetime, according to Ray Dalio.
- Super Mario Bros. is being used to benchmark AI, highlighting the challenges of applying AI to real-time games.
Sources
- AI Services Provider CoreWeave Files for IPO
- The hidden cost of AI: Trading long-term resilience for short-term efficiency
- Digital Transformation: children growing up with artificial intelligence
- Morgan Stanley sees Tesla stock reaching $430, reinstates as top pick over AI, robotics play
- Google co-founder pushes DeepMind team to work 60-hour weeks as AGI race heats up
- Generative AI and Civic Institutions
- Hands-on skills, trade schools being revived; threat of AI intensifies
- Alibaba launches RISC-V-based XuanTie C930 server CPU — AI/HPC chip ships this month, more designs to follow
- Billionaire investor Ray Dalio warns the U.S. won't 'be competitive in manufacturing with China in our lifetime'
- People are using Super Mario to benchmark AI now