Bytes & Bots: AI's Exciting Journey This Week 🌟

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AI NEWS OF THE WEEK

🤖Main AI Updates

1. OpenAI in Talks with Broadcom to Develop Custom AI Chip

This collaboration aims to enhance AI computing power and reduce reliance on expensive GPUs for advanced AI model development

2. Nvidia to Launch AI Chip for China Amid U.S. Export Controls

Nvidia is working with Chinese tech firm Inspur on the launch and distribution of the B20 chip.

3. Meta Unveils Llama 3.1: The Most Advanced Open-Source AI Models

Meta introduces Llama 3.1, a suite of open-source AI models revolutionizing natural language processing with state-of-the-art capabilities in general knowledge, steerability, and multilingual translation.

4. Cohere Raises $500M in Series D, Valuing AI Startup at $5.5B

The company's enterprise-focused language models attract global clients across industries.

5. Grok 2 AI Model by xAI Coming in August 2024

Elon Musk's Grok AI: A new AI model rivaling ChatGPT, developed by X (formerly Twitter), aiming to provide more accurate and informative responses, potentially revolutionizing the AI landscape.

6. OpenAI assigns new project to AI safety leader Madry in revamp

OpenAI reassigns AI safety leader Aleksander Madry to a larger research role amid growing concerns about advanced AI chatbots and their potential risks.

7. Tesla to have humanoid robots for internal use next year, Musk says

Tesla aims to introduce humanoid robots for internal use by next year, according to Elon Musk, marking a significant step in the company's automation and AI efforts.

8. Meta to give its Quest VR headsets AI powers in bid to one-up Apple

Meta is integrating AI capabilities into its Quest VR headsets to enhance user experience and surpass Apple's offerings, marking a significant advancement in virtual reality technology.

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Artificial Intelligence: Ethics & Societal Challenges

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Brain teaser 🤯

“I'm often calm, yet sometimes strong,

In the mountains, I don't belong.

I can be a home, or a force so free,

A reflection of nature, for you and me.”

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