The world of artificial intelligence is rapidly evolving, with significant advancements in various sectors. In this news brief, we'll explore the latest developments in AI, from its applications in video creation and cybersecurity to its impact on the sales industry and the concerns surrounding its potential misuse.
Musk's xAI Acquires Video Creation Company Hotshot.co
Elon Musk's AI startup, xAI, has acquired Hotshot.co, a New York-based startup that specializes in creating AI-generated videos. The acquisition aims to enhance the capabilities of xAI's video models, which are seen as an early look into the future of learning, entertainment, communication, and more.
JFrog & Hugging Face Join Forces to Secure AI Models
JFrog has partnered with Hugging Face to integrate its advanced security capabilities into the Hugging Face Hub, enhancing the security of machine learning (ML) models available on the platform. This collaboration aims to improve the security of ML models, which are becoming increasingly important in critical business applications.
Forward Edge-AI's Isidore Quantum Space Encryptor Advances U.S. National Security & Cyber Defense
Forward Edge-AI's Isidore Quantum Space Encryptor has successfully launched on Rogue Space Systems' OTP-2 mission, marking a critical step towards fortifying U.S. national security and advancing government efficiency. The technology is designed to counteract cyber threats and secure satellite communications for government and defense operations.
LinkedIn Study: AI Shortens B2B Sales Cycles By 1 Week
A new report by LinkedIn shows that B2B sales teams increasingly use AI to improve efficiency and close deals. The survey found that 88% of sales professionals use AI weekly, and 56% use it daily. Companies using AI gain a competitive advantage, and sellers exceeding their targets are 2.5 times more likely to use AI daily.
Scale Asia Ventures (SAV) Founding Partner on Silicon Valley AI Investment Trends and Corporate LP Expansion
Wally Wang, Founding Partner of Scale Asia Ventures, spoke at the AVCJ Private Equity Forum 2024, discussing AI investment trends and corporate LP expansion in Asia. He highlighted the rise of AI-native applications and their impact on the industry.
Billions of Dollars Wasted? 76% of AI Researchers Consider AGI 'Unrealistic'
A survey by the Association for the Advancement of Artificial Intelligence (AAAI) found that 76% of AI researchers dismiss as an unrealistic goal with the existing transformer-based AI technologies. Experts argue that recent AI advancements have hit a plateau, and the road to AGI remains murky at best.
Police Say Austin ISD Teacher Allegedly Used AI to Create Child Pornography of Students
A fifth-grade teacher at a south Austin elementary school is facing additional child pornography charges. Police affidavits show that the teacher used an AI generator to alter photos of students, making them sexually explicit.
Turns Out People Are Using AI Like a Personal Shopper
Adobe found that 39% of consumers have turned to AI for online shopping help, while 53% said they intended to do so this year. However, this doesn't mean ChatGPT research typically ends with a purchase. Instead, AI is being utilized during the research and consideration stage.
Nvidia's Stock Slips Ahead of Jensen Huang's GTC Keynote
Nvidia's stock was down by 1.76% at the market close on Monday ahead of chief executive Jensen Huang's keynote at the GPU Technology Conference (GTC). The chipmaker's shares closed at $119.53 each and are down 11% so far this year.
Intel Could Be in for Significant Changes as Lip-Bu Tan Takes on CEO Role
Intel's new CEO, Lip-Bu Tan, is planning for the company's chip manufacturing and AI strategies, including cutting middle management staff and revamping the company's approach to manufacturing chips. Tan reportedly told company employees that he would need to make "tough decisions" to get the company back on track.
Key Takeaways
- AI is rapidly evolving, with significant advancements in various sectors.
- The acquisition of Hotshot.co by xAI aims to enhance the capabilities of xAI's video models.
- JFrog and Hugging Face have partnered to integrate advanced security capabilities into the Hugging Face Hub.
- Forward Edge-AI's Isidore Quantum Space Encryptor has successfully launched on Rogue Space Systems' OTP-2 mission.
- A LinkedIn study found that AI shortens B2B sales cycles by 1 week.
- 76% of AI researchers consider AGI 'unrealistic' with the existing transformer-based AI technologies.
- A teacher allegedly used AI to create child pornography of students.
- People are increasingly using AI like a personal shopper.
- Nvidia's stock slipped ahead of Jensen Huang's GTC keynote.
- Intel's new CEO, Lip-Bu Tan, is planning significant changes to the company's chip manufacturing and AI strategies.
Sources
- Musk’s xAI acquires video creation company Hotshot.co By Investing.com
- JFrog & Hugging Face join forces to secure AI models
- Forward Edge-AI’s Isidore Quantum® Space Encryptor Advances U.S. National Security & Cyber Defense with Successful Launch on Rogue Space Systems’ OTP-2 Mission
- LinkedIn Study: AI Shortens B2B Sales Cycles By 1 Week
- Scale Asia Ventures (SAV) Founding Partner on Silicon Valley AI Investment Trends and Corporate LP Expansion at AVCJ Private Equity Forum 2024
- Billions of Dollars Wasted? 76% of AI Researchers Consider AGI 'Unrealistic'
- Police say Austin ISD teacher allegedly used AI to create child pornography of students
- Turns out people are using AI like a personal shopper
- Nvidia's stock slips ahead of Jensen Huang's GTC keynote
- Intel could be in for significant changes as Lip-Bu Tan takes on CEO role