Matthias Bastian

Feb 11, 2024

Volkswagen has established a dedicated "AI Lab" to accelerate the development and integration of artificial intelligence (AI) into its vehicles. The AI Lab will act as a global competence center and incubator, identifying new product ideas and collaborating with technology companies as needed. The aim is to quickly develop digital prototypes and hand them over to the Group's brands for implementation. Volkswagen sees significant potential in high-performance voice recognition, services that connect the user's digital environment with the vehicle, and enhanced vehicle functions, including AI-optimized charging cycles for electric vehicles and predictive maintenance.

Comment Source: Volkswagen

Matthias Bastian

Feb 10, 2024

AI in practice

IBM cybersecurity researchers demonstrate how generative AI can twist our words in real-time

An editorial-style, hand-drawn illustration in 16:9 aspect ratio, depicting a cybersecurity audio threat. The illustration is sophisticated and thought-provoking, with the cybersecurity audio threat portrayed in a realistic yet subtly altered manner to suggest duplication and artificiality. The background is elegant and minimalistic, focusing the viewer's attention on the cybersecurity audio threat. The style is refined and professional, suitable for an editorial context.

Matthias Bastian

Feb 9, 2024

AI in practice

Nvidia is setting up a new business unit to develop custom AI chips for cloud computing companies and other customers. This was reported by Reuters, citing nine (!) sources. The company wants to grab a share of the growing market for custom AI chips while protecting itself from competitors developing alternatives to its products. Currently, Nvidia controls about 80 percent of the market for high-end AI chips and counts OpenAI, Microsoft, Alphabet and Meta Platforms among its customers. However, these tech giants are developing their own chips for specific needs. OpenAI in particular is reportedly planning a major chip initiative. It appears that Nvidia is now launching a counteroffensive. According to 650 Group researcher Alan Weckel, the market for custom AI chips in data centers will grow to $20 billion by 2025.

Comment Source: Reuters

Matthias Bastian

Feb 9, 2024

AI in practice

OpenAI reached a projected annual revenue of more than $2 billion in December, the Financial Times reports. This makes OpenAI one of the fastest-growing technology companies in history, alongside Google and Meta. OpenAI plans to more than double its revenue by 2025 as companies look to deploy generative AI tools. 92 percent of Fortune 500 companies use OpenAI products, according to Altman. ChatGPT is estimated to be used by 100 million people every week. OpenAI is currently negotiating with investors to buy shares at a valuation of $86 billion. Considering the current annual revenue, this is still a high valuation (x43) and reportedly too high for some existing investors. Due to the high cost of developing and operating its models, OpenAI is not yet profitable.

Comment Source: Financial Times

Matthias Bastian

Feb 9, 2024

AI in practice

OpenAI CEO Sam Altman aims to build trillion-dollar AI chip infrastructure

Matthias Bastian

Feb 8, 2024

AI and society

The Biden Administration has announced the US AI Safety Institute Consortium (AISIC), a group of more than 200 companies, including leading AI companies such as OpenAI, Google, Microsoft, and Amazon. The consortium will focus on the safe development and use of generative AI, addressing the priority actions of President Biden's October AI Executive Order. This includes developing guidelines for red-teaming, risk management, security, and watermarking synthetic content. AISIC will be housed under the umbrella of the U.S. AI Safety Institute (USAISI) and will be the largest gathering of testing and evaluation teams. The goal is to "focus on establishing the foundations for a new measurement science in AI safety," according to the Department of Commerce. The full list of participants can be found here.

Comment Source: US Department of Commerce