OpenAI may develop its own AI chips

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📚 OpenAI may develop its own AI chips

💵 Enterprises Plan To Continue Spending on AI

📍 10 Exciting Canva updates

⚡ 15 Super AI Tools

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📚 OpenAI may develop its own AI chips

OpenAI plans to make its own AI chips because there aren't enough chips available for training AI models.

OpenAI is thinking about different options like buying a chip manufacturer or making the chips themselves.

Right now, OpenAI uses GPU-based hardware, but there's a shortage of GPUs. Making their own AI chips would need a lot of money and time.

Other companies like Google and Amazon have made their own AI chips, but it's not easy to succeed in the hardware business.

(Read more…)

💵 Enterprises Plan To Continue Spending on AI

The MIT Technology Review Insights conducted a survey of 600 companies globally, which found that all of the companies' executives plan to increase spending in the coming year on modernizing data infrastructure and adopting AI.

Over 80% of enterprises are investing in AI tools and technologies to gain a competitive edge and improve operational efficiency.

The global AI software market is projected to reach $126 billion by 2025, indicating the rapid growth and widespread adoption of AI tools across industries.

OpenAI, one of the best-funded AI startups, is exploring making its own AI chips due to the shortage of chips to train AI models. This move could potentially help address the strain on the GPU supply chain caused by the generative AI boom.

(Read more..)

10 EXCITING Canva UPDATES

Canva has added AI-powered tools to its platform, including Magic Write, an AI copywriting assistant available in all Canva projects.

Magic Write can suggest graphics and styles that match your design.

Canva also has a new tool called Magic Design, where users can upload an image and choose a style to get personalized templates.

Canva has launched other AI features like Magic Edit, which lets users add or replace elements in an image, and Magic Eraser, which helps remove unwanted details.

Canva has also introduced Brand Hub, a set of tools to help teams stay on brand, including features like Magic Replace for updating brand assets quickly and creating brand templates.

(Read more…)

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