Apple Eyes Google AI, Nvidia's Chip Triumph
19 March 2024: Apple mulls Google AI for iPhones, Nvidia's redefines chips, AI ethics under microscope, EU & India boost tech, YouTube tackles AI transparency
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1-Minute Roundup
Apple talks to license Google's Gemini AI, potentially boosting iPhone capabilities.
Nvidia unveils the Blackwell B200 GPU, touting 20 petaflops of power and 208 billion transistors.
LilyAI raises $20M in Series B-1 to revolutionise retail with AI.
DraftWise secures $20M in Series A funding, enhancing legal contract AI tools.
Hippocratic announced a $53M Series A round, which values the company at $500M for AI in healthcare staffing.
Urbanic lands $150M in Series C funding to advance AI in fashion design.
Google's VLOGGER AI animates still photos, sparking deepfake concerns.
India's Startup Mahakumbh highlights AI innovation; gen AI startups raise $250M despite funding slump.
EU invests €67.5M in AI, propelling digital and health tech advancements.
YouTube introduces an AI content disclosure tool for creators.
The EU will launch a biotech initiative focusing on AI, eyeing the Biotech Act.
Delphia and Global Predictions settle with SEC for $400,000 over AI embellishments.
Nvidia's Earth-2 aims for precision in climate forecasting with advanced AI modelling.
DHS outlines an AI Roadmap, including pilot projects for immigration and disaster relief.
Qualcomm's Snapdragon 8S Gen 3 chip brings gen AI to affordable smartphones.
AI study identifies anxiety disorders in youth through brain structure analysis.
Nottingham Trent University develops an AI model for early lung cancer detection risk assessment.
Headlines
Apple's AI Ambitions: Gemini May Power Up iPhone Smarts
Apple is reportedly discussing integrating Google's Gemini AI engine into the iPhone's features. These talks aim to license Gemini in upcoming iPhone software updates. This potential partnership could significantly expand Google's AI services to Apple's extensive user base while also addressing Apple's slower AI application rollout concerns.
Negotiation Phase: Apple and Google discuss incorporating a notable increase in the Gemini AI engine to enhance iPhone functionalities.
Market Movement: Following the news, Alphabet's shares increased by 7.4% and Apple's by 2.2%, highlighting investor optimism about the potential collaboration.
Regulatory Eyebrows: The partnership, however, might draw closer to regulatory scrutiny given past concerns over Google's search monopoly and its financial agreements with Apple.
Nvidia Unveils Blackwell B200: A Titan Among Chips for AI Supremacy
Nvidia has introduced the Blackwell B200 GPU, claiming it to be the most potent AI chip on the market. This leap forward is built on Nvidia's success with the H100 AI chip. The B200 promises unprecedented efficiency and performance, setting new standards for AI computations.
Petaflop Powerhouse: The B200 GPU boasts up to 20 petaflops of FP4 computing power, thanks to its 208 billion transistors, doubling efficiency and speed.
Efficiency Evolution: By consolidating two B200 GPUs with a Grace CPU into the GB200 super chip, Nvidia claims to slash energy consumption and costs by 25x compared to its predecessor, the H100.
Connectivity and Capacity: A revolutionary NVLink switch enables 576 Blackwell GPUs to communicate seamlessly, enhancing compute capabilities and reducing idle communication time.
Cloud Colossus: Giants like Amazon and Google are gearing up to integrate Nvidia's groundbreaking tech into their cloud services, promising a significant boost in AI model training and inference capabilities.
AI Deals
LilyAI secured $20M in Series B-1 funding, increasing its total to $62M. LilyAI uses generative AI to improve retail shopping experiences and serves clients like Macy's, Bloomingdale's, and JCrew.
DraftWise, an AI-powered contract and negotiation platform for lawyers based in NYC, has secured $20M in Series A funding led by Index Ventures.
Hippocratic has announced a $53M Series A funding at a $500M valuation, with total funding now at $120M. The company aims to address the healthcare staffing shortage using gen AI to complete patient-facing tasks.
Urbanic, a London-based fashion brand, has raised $150M in its Series C funding round. The funding will enhance Urbanic's AI design capabilities.
Others
Google's VLOGGER: Breathing Life into Still Photos with AI
Google researchers unveil VLOGGER, an AI marvel capable of animating still photos into realistic videos with speech and gestures.
However, this leap in AI capabilities also sparks concerns about the potential for deepfake misuse.
AI and Deep Tech Revolution at Startup Mahakumbh and Policy Frontiers
India’s first-ever Startup event, Mahakumbh, is expected to attract over 1,000 startups and spotlight AI innovations across various sectors.
India plans a deep tech startup policy with a dedicated fund, aiming for national development goals. However, funding for Indian startups dropped 63% to $9.6 billion in 2023. Gen AI startups raised $250M amid this downturn.
EU Accelerates Digital Evolution with AI Funding and Health Data Initiatives
The European Union is fueling the future of tech with a €67.5 million investment in AI, aligning with the impending AI Act and setting the stage for digital transformation across various sectors.
Amidst these advancements, the EUDI Wallet faces scrutiny, with concerns over its potential to dampen competition in the digital identity.
YouTube Boosts Transparency with New AI Content Disclosure Tool
YouTube is stepping up its game by launching a tool that requires creators to label videos with realistic AI-generated content.
It's all about keeping viewers in the loop and building trust.
EU Sets Sights on Biotech Boost with New Initiative and Potential Legislation
By year-end, the EU will launch the Biotech and Biomanufacturing Initiative, including an EU Biotech Hub. This initiative is seen as a precursor to the potential EU Biotech Act.
The initiative aims to simplify regulations and accelerate the market entry of biotech innovations, leveraging generative AI and advanced tech for healthcare solutions.
AI Fairy Tales Cost Investment Advisors Hefty Fines
In a cautionary tale of AI embellishment, Delphia and Global Predictions have settled with the SEC for a combined $400,000 after being accused of overstating their use of AI in financial advising.
This crackdown underscores the SEC's commitment to keeping the fintech magic in check, reminding us that not all glitters are AI gold.
Nvidia's Earth-2: A Digital Twin to Predict Climate Futures
Nvidia's latest innovation, Earth-2, is set to revolutionise climate forecasting with its cloud platform. It aims to make extreme weather predictions more precise and actionable.
DHS Embarks on AI Journey with New Roadmap and Pilot Projects
The US Department of Homeland Security (DHS) is diving headfirst into the AI revolution with an "Artificial Intelligence Roadmap".
This ambitious plan includes three pilot projects to revamp immigration officer training, fortify community resilience, and streamline disaster relief grant applications.
Qualcomm's Snapdragon 8S Gen 3: AI Power in Your Midrange Smartphone
Qualcomm is levelling the playing field by introducing the Snapdragon 8S Gen 3 chip, designed to bring generative AI and premium features to more affordable smartphones.
This chip could make advanced AI applications like enhanced voice assistants and AI-generated imagery more accessible.
AI in Mental Health: Identifying Anxiety in Youth
In a groundbreaking study involving over 3,500 youths worldwide, AI has shown the potential to identify anxiety disorders through brain structure analysis.
Innovating Early Lung Cancer Detection with AI
In collaboration with Nottingham University Hospitals NHS Trust, Nottingham Trent University researchers are on the verge of developing an AI-driven model to detect lung cancer risk early.
This initiative, part of the broader PHASE-IV-AI project, harnesses vast clinical data and AI analytics to identify at-risk individuals preemptively.
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