Insider’s Edit: Nvidia’s Future Defining Hardware, Google’s AI Search Edits, Microsoft’s $18.9 Billion Partnership
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The latest edition of Insider’s Edit is here! Read about Nvidia CEO Jensen Huang’s keynote speech at Computex and find out what’s to come from the hardware company over the next few years.
Also inside, learn how Google refined its AI-powered search feature after a series of viral responses, Microsoft’s latest generative AI partnership and a look at Elon Musk’s xAI raising $6 billion.
Nvidia CEO: Generative AI, Accelerated Computing to Redefine the Future
Nvidia CEO Jensen Huang said he believes that generative AI and accelerated computing will “redefine the future” during a keynote at the annual Computex event in Taiwan.
“Today, we’re at the cusp of a major shift in computing,” Huang said. “Generative AI is reshaping industries and opening new opportunities for innovation and growth.”
Nvidia has positioned itself as a leader in the AI space. Its accelerated computing hardware including its GPUs is sought after by businesses looking to power and scale new generative AI applications and services.
Huang said AI is redefining accelerated computing across consumer-facing AI PCs and enterprise-level computing platforms in data centers.
“The future of computing is accelerated,” Huang said. “With our innovations in AI and accelerated computing, we’re pushing the boundaries of what’s possible and driving the next wave of technological advancement.”
The Nvidia CEO said the company has adopted a “one-year rhythm” with Blackwell’s successor Rubin to be released in 2026 while updated versions of Blackwell and Rubin will drop in 2025 and 2027, respectively.
Google Refines AI Overviews After Bizarre Responses, Limits Content
Google has enhanced its AI Overviews feature with "technical improvements" following a series of viral bizarre responses.
AI Overviews (formerly Search Generative Experience) uses Google’s Gemini model to generate natural-sounding answers to search queries.
Following its recent expansion following Google’s I/O event, users began sharing screenshots of outlandish Overviews responses.
The weird responses included suggesting non-toxic glue be added to pizza, that jumping off the Golden Gate Bridge was a cure for feeling depressed and that eating rocks was a good source of minerals.
Microsoft, Hitachi Sign $18.9B Generative AI Partnership
Hitachi will leverage Microsoft’s AI and cloud services through a multiyear, multibillion-dollar partnership.
Under the three-year deal, Hitachi will integrate Microsoft cloud services, including the Azure OpenAI Service, into its digital solutions business, Lumada.
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Lumada will gain access to OpenAI models through the Azure service, which will aid it in building customers' digital solutions.
Lumada will also have access to GitHub Copilot to assist developers with coding tasks and productivity tools through Copilot for Microsoft 365.
The companies estimate the joint generative AI efforts will generate $18.9 billion in revenues for Lumada in 2024 alone.
AI Predicts Premier League Champion: Was It Accurate?
The English Premier League concluded recently with Manchester City winning the league. Last August, AI predicted the Sky Blues would win the 2023/24 Premier League season — but how accurate were those predictions?
AI Business previously partnered with Kickoff.ai to predict the 2023-24 season, using its machine learning model to predict the probability of each team’s likelihood of winning the title.
AI gave the Manchester City team the highest probability of winning the league. Manchester City did go on to win and became the first English side to win four Premier League titles in a row.
Liverpool, the team with the second highest probability of winning the league finished third, with Arsenal the team that ended up chasing Manchester City for the title until the final day.
Surprise package Aston Villa came in fourth, finishing above top-six regulars like Tottenham and Manchester United, despite the AI giving them only a 13% chance of securing a top-four finish.
Here’s a look back at the 2023/24 Premier League season, examining what the AI got right and where it fell short.?
Elon Musk xAI Raises $6B, Valuing Company at $24B
Elon Musk’s xAI has raised $6 billion in a series B funding round, bringing the company’s valuation to $24 billion.
The company said the funds will be used to bring xAI’s first products to market and build advanced infrastructure, as well as accelerate the research and development of future technologies.
xAI is developing advanced AI systems the company says are “truthful, competent and maximally beneficial for all of humanity. The company said its mission is to “understand the true nature of the universe.”
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