☕️ Elon's & xAI's Plans to Build The "Gigafactory of Compute"

Elon Musk and xAI make waves in the AI world as the company CEO redirects Tesla-reserved AI chips from Nvidia to xAI instead to build "the world's largest supercomputer." Meanwhile, news of Apple's soon-to-arrive WWDC 2024 circulates through the internet, Nvidia overtakes the latter in market cap, becoming a $3 trillion company spearheading AI hardware, and Humane warns users that their Ai Pin's batteries might catch fire. Join us at AI Tangle as we untangle this week's happenings in AI.

Elon Musk asks Nvidia to redirect its AI chips reserved for Tesla to xAI instead

CEO of Tesla and xAI, Elon Musk, recently reportedly told Nvidia staff to send Tesla's order of H100 chips over to xAI, which will likely cause months of delays for the automaker's own Tesla's Texas Gigafactory to develop autonomous vehicles and humanoid robots. After writing a post on X/Twitter about how Tesla would $10 billion this year "in combined training and inference AI," many Tesla shareholders question whether Musk is capable of fulfilling his obligations to Tesla while running so many other companies. But what's the meaning behind doing this?

​

​It might be going towards building xAI's latest supercomputer​

Soon after, it was revealed that Musk intended for xAI to build its "gigafactory of compute, the world's largest supercomputer," as said by the president of the Greater Memphis Chamber. The purpose of this supercomputer, which will be built in Memphis, Tennesse, is expected to be for training the next Grok version, xAI's standout chatbot, according to an ​investor meeting in May by Musk​. All of those chips need to come from somewhere, and many believe Elon's move to redirect Tesla's batch of Nvidia H100 chips to xAI could be the answer, albeit a controversial one.

Alternative assets are notoriously complex and illiquid to invest in, which in turn makes funding them challenging. That’s where Hedonova comes in, making it easy to invest in alternative assets.

Since late 2019, Hedonova has achieved a remarkable feat, outperforming the S&P 500 by more than 200%.

​Hedonova offers a simple yet powerful proposition by serving as a single point of entry to a diverse portfolio of alternative assets, from media royalties to pre-IPO startups to wine and even fine art.

This SEC-regulated fund has captured the spotlight, securing the best multi-strategy hedge fund award at the 2023 Hedgeweek European Awards. Investing in alternative assets at Hedonova requires a low minimum of $10k to get started, making it easy and accessible.

What to keep an eye out for going into Apple's WWDC 2024

Apple's World Developer Conference (WWDC) 2024 is fast approaching, and there are a lot of expectations on the company's shoulders. The four-day conference, which will last from June 10th to June 14th, is expected to sprinkle AI onto everything following company CEO Tim Cook's ​​May comments about "breaking new ground" on generative AI​​. The centerpiece is expected to be the iOS 18 update, with rumors of a potential Google Gemini or OpenAI ChatGPT partnership. Many of those updates will likely also get added to macOS 15, including those related to Siri, Notes, Safari, and some office apps.

​

Nvidia becomes the second most valuable company in the world at over $3 trillion and overtaking Apple

The poster child of AI hardware, Nvidia, recently overtook Apple to become the second most valuable company in the world, sitting at a market cap of slightly over $3 trillion. Nvidia has been at the helm of powering AI globally, dominating with its H100 GPU, with the company planning to release the coveted Blackwell B200 chip later this year. The company's share price sits at $1,230 as of writing, though Nvidia has announced a 10-to-1 stock split on June 7th after market close.

​

Humane advises Ai Pin users to stop using its charging case due to potential battery fires

Humane, the makers of the not-so-successful Ai Pin, has recently asked customers to stop using its Ai Pin egg-shaped charging case due to it potentially bursting into flames. Humane states that this concern stems from the subpar battery quality from its suppliers and is offering two months of its $24 subscription service on the house as a consolation. At a time when Humane's founders are ​reportedly seeking potential buyers for the company​, just months after launching its first product, it's not a good look.

​

ChatGPT, Perplexity, and Claude chatbots simultaneously suffer major outages

Earlier this week, users of OpenAI's ChatGPT, Anthropic's Claude, and Perplexity experienced outages lasting varying amounts of time. ChatGPT went from facing ​a multi-hour outage​ to another one not long afterward, which, this time, included Claude and Perplexity, though their outages were more swiftly resolved. As of writing, there is no explanation from any of the mentioned AI providers about the unusual situation, as investigations are ongoing.

​

Salesforce's $4 billion UK investment will see an AI center built in London

Salesforce is officially opening its first flagship AI center in London's Blue Fin building on the 18th of June as part of a $4 billion investment in the UK. Salesforce plans to use the center for AI training, aiming to create up to 500,000 AI-related jobs. The company also revealed that its venture capital arm, Salesforce Ventures, has invested over $200 million in UK startups, including AutoGen AI and Eleven Labs.

​

Samsungs latest OLED gaming monitor gets an AI upscaling touch-up

Announced back in January at CES 2024, Samsung has given its 32-inch Odyssey OLED G8 gaming monitor AI-powered resolution upscaling and safeguards against OLED burn-in. The monitor comes in at $1,299.99 and features an NQ8 AI Gen3 processor for upscaling content to near-4K quality at a 240Hz refresh rate. It also includes a new cooling system to prevent OLED burn-in and supports FreeSync Premium Pro for reduced screen lag and tearing for a smoother and more responsive experience.

​​DryMerge - Let DryFlow's AI turn your repetitive tasks into an easy-to-understand automatic workflow - sales lead notifications, meeting summaries, and personalized reports, just from a simple description.

​Roundtable - Roundtable cleans your survey responses with an easy-to-integrate API, behavioral tracking, and more to cut down on time spent analyzing survey data.

​Copyleaks - Detect plagiarism throughout multiple languages with Copyleaks, the all-in-one intuitive and easy-to-use platform to help create and protect original content.

​Prototyper - Prototyper is designed to let you create and test production-ready UI components with a simple visual theme editor that allows you to describe an idea and prototype your next idea in minutes.

Running Out of Data (3-min read)

AI's hunger for data may soon hit a wall, with a looming shortage of public text data threatening the pace of AI development as companies turn to licensing private data and potentially garbage synthetic data created by other AI's.

The Future is Robotic (15-min watch)

Nvidia's recent robotic demos have people questioning the future of employment, while Jensen Huang states that his ultimate ambition is to automate Nvidia entirely. AI Explained, a prominent YouTube channel covering AI and tech news, explains why things might not be so simple to predict.