?? Meta’s Open Source GPT-4 Competitor will be available soon

The AI world is heating up! Meta has just announced that they will soon be releasing their flagship open-source AI model, Llama 3, and they're not holding back. They're aiming to directly compete with OpenAI's GPT-4.

Also, Intel's latest Gaudi 3 chip is going head-to-head with Nvidia in the race for AI supremacy. And that's not all - Microsoft is making a big move by heavily investing in Japan's AI initiative, signalling strong ties between the U.S. and Japan. Buckle up and let's dive into this exciting world of AI competition!

During an event in London, Meta, formerly known as Facebook, announced that they will be launching the latest version of their generative AI model, Llama 3, very soon. Llama is an open-source large language model that can be used for both research and commercial purposes. According to Nick Clegg, Meta’s president of global affairs, there will be multiple models with varying capabilities and versatilities that will be released throughout the year. Chris Cox, the Chief Product Officer, added that Llama 3 will be integrated into many of Meta's products, making it a significant part of their technology. With 140 billion parameters, Llama 3 is expected to be much stronger than its predecessor, enabling it to handle a broader range of inquiries.

Our Thoughts:

Meta's decision to make their AI technology open-source is a forward-thinking and significant move that has the potential to revolutionize the AI industry. By allowing others to utilize and improve upon their top-notch AI models for free, Meta is encouraging healthy competition and faster advancements in technology. It is widely believed that open-source AI, which is available for anyone to contribute to and use, will eventually surpass private AI systems like those offered by OpenAI and Anthropic. The more people that utilize Llama 3, the more data Meta will receive to enhance their models, and this approach could prove to be a winning strategy for Meta.

Intel unveils latest AI chip as Nvidia competition heats up

The AI chip market is about to experience a major shake-up with the arrival of Intel's groundbreaking Gaudi 3 chip. Its energy efficiency and lightning-fast speed are setting it apart from Nvidia's H100 GPU, putting it in the running as a top contender in the field. The Gaudi 3 chip promises to revolutionize the market, offering configurations such as an eight-chip bundle or a single card for existing systems. It's already been tested on a variety of cutting-edge AI models, including Llama 2 and Abu Dhabi-backed Falcon, and can help train or deploy models, including Stable Diffusion or OpenAI’s Whisper model for speech recognition. With Nvidia currently holding an 80% market share, Intel's new chip and its partnerships with other tech giants look set to ignite fierce competition and change the game forever. Get ready for a wild ride!

Our Thoughts:

The field of AI is rapidly expanding and companies are investing heavily in AI technology. Intel has recently made an aggressive move in this space with the launch of Gaudi 3, a new AI chip. This move is likely to bring more choices to the market and drive down prices for companies that are looking to integrate AI at scale. Furthermore, the launch of Gaudi 3 could be the start of increased competition in the AI chip industry, which would ultimately benefit consumers and businesses alike.

Microsoft to invest $2.9B in Japan AI push

Microsoft intensifies its AI strategy in Japan with a massive $2.9 billion investment.

Japan's AI sector is about to get a massive boost from Microsoft's latest investment, which is the largest in the region to date! Brace yourself for a groundbreaking $2.9 billion investment, which includes upgrading two existing data centres with advanced AI semiconductors, enhancing their processing capabilities. But that's not all - Microsoft is also planning to announce an exciting AI-related reskilling program in Japan over the next three years, aiming to train a whopping 3 million workers! And if that's not enough to get you jumping with excitement, the tech giant plans to establish a brand-new research lab in Tokyo, focusing on robotics and AI innovations. This move is a clear indication of the deepening technological ties between the U.S. and Japan. Get ready for an exciting time in Japan's AI sector!

Why It Matters:

Microsoft's recent investment in Japan not only cements its foothold in the country but also exemplifies the growing trend of tech giants vying to establish dominance in the field of artificial intelligence. This move is expected to have significant implications for the global tech industry, particularly in the Asian region. It remains to be seen how this development will shape the future of the industry, but it certainly underscores the increasing importance of AI in the tech landscape.

That's a wrap.

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