The world of artificial intelligence is rapidly evolving, with significant advancements in AI technology, investment, and regulation. In this news brief, we'll explore the latest developments in AI, from the Paris AI Summit to the rise of AI-native platforms and the concerns surrounding AI's impact on human cognition.
French President Macron Unveils €109B AI Investment Plan
French President Emmanuel Macron has announced a €109 billion investment plan for AI, positioning France as a major player in global AI development. The plan aims to create a European AI champion and accelerate the continent's AI growth. Macron also showcased a deepfake video of himself, highlighting the potential of AI in entertainment and other industries.
Tourism AI Network Partners with TIABC for AI Training
The Tourism AI Network has partnered with the Tourism Industry Association of BC (TIABC) to deliver AI workshops for BC tourism professionals. The collaboration aims to equip industry members with practical AI tools and insights to enhance their services and competitiveness.
OpenAI Develops Custom AI Chip
OpenAI is working on its first custom AI chip, which will be used to run AI models with a limited role. The chip is expected to be produced by TSMC and will reduce OpenAI's reliance on Nvidia. This development marks a significant step in OpenAI's efforts to control its AI processing and improve efficiency.
Nebius Group Thrives in AI Infrastructure
Nebius Group's stock has surged over 100% in the past year, driven by its AI-native cloud platform and cost-effective solutions for SMBs and AI startups. The company's diversified ecosystem and partnership with NVIDIA enhance its value proposition and competitive edge.
Europe Mounts the AI Barricades
European leaders have convened in Paris to catalyze the continent's AI industry, which risks being left behind by Chinese and Silicon Valley companies. French President Macron has touted a total of €109 billion in AI investment, and the European path toward AI is distinct due to its open-source approach.
Archbishop Paglia Calls for European Humanism
Archbishop Paglia has emphasized the need for European humanism in the face of the AI revolution. He advocates for ethical and legal regulations, established through international agreements, particularly concerning the management of big data. Paglia also calls for the awakening of humanist Europe before the speed of technology surpasses it.
Microsoft Study Finds AI Makes Human Cognition "Atrophied and Unprepared"
A study by Microsoft and Carnegie Mellon University finds that the more people use AI at their job, the less critical thinking they use. The researchers suggest developing AI tools that motivate users to use critical thinking and design them to facilitate user learning.
OpenAI Boss Suggests Equivalent of Moore's Law for AI
OpenAI boss Sam Altman has suggested that there's an equivalent of Moore's Law for AI, where the cost to use a given level of AI falls about 10x every 12 months. Altman proposes that this metric could define AI development in a similar way to Moore's Law.
What is the Point of the AI Action Summit?
The AI Action Summit, hosted by French President Macron, aims to facilitate the convergence of AI governance and generate debate on the impact of AI on societies. Critics argue that, in a world where governments are struggling to keep up with private companies, "continuous dialogue" may not solve much.
Alibaba Group Holding Limited Rallies 13% as Investors Weigh AI and Cloud Growth Potential
Alibaba Group Holding Limited has rallied 13% as investors weigh its AI and cloud growth potential. The company is heavily leveraging AI, NLP, and ML to improve customer services and text analysis, and its Alibaba Cloud offerings enable developers to create and optimize foundation models and GenAI applications.
Key Takeaways
- France is positioning itself as a major player in global AI development with a €109 billion investment plan.
- The Tourism AI Network has partnered with TIABC to deliver AI workshops for BC tourism professionals.
- OpenAI is developing its first custom AI chip to reduce its reliance on Nvidia.
- Nebius Group's stock has surged over 100% in the past year, driven by its AI-native cloud platform and cost-effective solutions.
- European leaders are convening in Paris to catalyze the continent's AI industry.
- Archbishop Paglia calls for European humanism in the face of the AI revolution.
- A Microsoft study finds that the more people use AI at their job, the less critical thinking they use.
- OpenAI boss Sam Altman suggests that there's an equivalent of Moore's Law for AI.
- The AI Action Summit aims to facilitate the convergence of AI governance and generate debate on the impact of AI on societies.
- Alibaba Group Holding Limited has rallied 13% as investors weigh its AI and cloud growth potential.
Sources
- French PM Emmanuel Macron Laughs at Deepfake Video, Promotes AI Summit and €109B AI Investment
- Tourism AI Network Partners with TIABC to Empower BC Tourism Professionals with AI Training
- OpenAI expects to have its first custom AI chip soon
- Nebius Group Stock: The Hidden Gem Of AI Infrastructure (NASDAQ:NBIS)
- Europe Mounts the Artificial-Intelligence Barricades
- Archbishop Paglia: 'AI revolution calls for the awakening of European humanism'
- Microsoft Study Finds AI Makes Human Cognition “Atrophied and Unprepared”
- OpenAI boss suggests there's the equivalent of Moore's law for AI and it's 'unbelievably stronger'
- What exactly is the point of the AI Action Summit?
- Alibaba Group Holding Limited (BABA) Rallies 13% as Investors Weigh AI and Cloud Growth Potential