☕️ The Bitcoin Halving & The Effects on AI

As the Bitcoin halving event hits the cryptocurrency world, many Bitcoin miners are feeling the turmoil as some turn to AI to survive the occasion. While the crypto world gets shaken up, Nvidia remains steadfast in Asia as it collaborates with Japan to help build an AI supercomputer for quantum research, Profluent brings AI to gene editing with OpenCRISPR-1, and Intel looks to boost the Olympics with AI of its own. Join us at AI Tangle as we untangle this week's happenings in AI.

Bitcoin cryptocurrency miners turn to AI amid Bitcoin halving fallout

Every four years, the Bitcoin halving hits miners, an event that halves the payout for creating new blocks in the blockchain, with the April 20th halving of this year being the latest. To survive the aftermath, many miners have turned their attention (and rigs) to AI instead to diversify their portfolios and income, opening up many avenues by leveraging their heavyweight cryptocurrency mining equipment to power AI during the lead period.

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What's the impact of this?

Many cryptocurrency miners and firms have braced for this event preemptively, with some diversifying their operations and dipping into supporting the underlying infrastructure behind artificial intelligence. This move helps both the miners stay afloat and gives the AI industry a boost by providing much-needed computational power, thus playing a crucial role in advancing AI research and development.

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Profluent debuts the world's first AI-powered gene editor, OpenCRISPR-1

Berkeley-based startup Profluent recently started using generative AI to create blueprints for microscopic biological mechanisms that can edit DNA, which the startup has dubbed OpenCRISPR-1. The technology has already been used to edit human DNA, and the company has open-sourced the technology to allow more medical professionals to utilize this groundbreaking tool. With CRISPR being a Nobel prize-winning discovery, OpenCRISPR-1 by Profluent will accelerate research in gene editing, potentially leading to significant advancements in treatments and therapies.

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Nvidia to aid in building Japan's ABCI-Q supercomputer for quantum research

In a ​blog post from Nvidia​, the AI chip poster child Nvidia announced that it would be aiding Japan's National Institute of Advanced Industrial and Technology (AIST) in building the country's ABCI-Q supercomputer for quantum research as part of its technological innovation phase. The article mentions that Nvidia will integrate its CUDA-Q platform into the ABCI-Q supercomputer, powered by 2,000 of Nvidia's H100 Tensor Core GPUs.

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Olympics organizers will introduce AI to The Olympic Games Paris 2024 with Intel at the helm

The International Olympic Committee (IOC) has unveiled an "AI agenda" for the Paris 2024 Olympic Games, introducing AI-powered services and tools to enhance efficiency, with Intel being a big supporter. The AI applications, powered by Intel's Gaudi accelerators and Xeon processors, will support athletes and provide immersive experiences for fans. Intel's hardware will also aid in broadcasting efforts to enable high-quality 8K/60FPS/HDR live streaming.

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Microsoft warns about North Korean hacker groups starting to leverage AI for cyberterrorism

Microsoft has recently reported that North Korea-linked cyber groups have started using AI and large language models (LLMs) to boost their operations. For example, a group called Emerald Sleet uses LLMs for spear-phishing, troubleshooting, scripting, and spying, with the majority of their attention focused on the United States, Japan, and South Korea. At the same time, North Korean hacking groups continue to engage in cryptocurrency heists and supply chain attacks, involving similarly named NK cyber groups Jade Sleet and Diamond Sleet.

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Microsoft boosts its AI supercomputing team with former Meta executive Jason Tayler

As posted on LinkedIn by the CTO of Microsoft, Kevin Scott, announced that former Meta executive Jason Taylor will join Microsoft's AI supercomputing team. Jason Taylor will take on the role of corporate vice president and deputy CTO as the team strives to "build the next set of systems that will push the frontier of AI forward," bolstering the team's talent lineup further after hiring ex-Google DeepMind co-founder Mustafa Suleyman just a month prior.

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Solar energy company Exowatt comes out of seed funding round with $20 million

Exowatt, a renewable energy company, recently bagged $20 million in funding to tackle the problem of rising power consumption in data centers and AI, with key backers including venture firms a16z, Atomic, and Sam Altman, who is also an advocate for finding solutions to AI's energy problems. The company's latest product, the Exowatt P3, is a modular energy platform with a unique approach to energy storage, the deployment of which and expansion of its team is where most of the recent funds will go.

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AI & The Airline Industry (7-min read)

Dive in on how United Airlines is putting AI to use in streamlining its operations and enhancing customer experience, from real-time coordination to AI-driven customer service chatbots.

The Power of AI in Military Aviation (6-min watch)

AI has been creeping up in military programs more and more, and recently, it struck the U.S. Air Force. In this video, a human fighter jet pilot in an F-16 dogfights an AI-piloted jet in what might be the next generation of aerial combat.