🇳🇴 Norway is printing BILLIONS from AI

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🧠 AI and Machine Learning

Norwegian wealth fund warns of AI risks while reeling in billions from the tech (2 minute read)
Norway's Sovereign Wealth Fund has been on a mind-boggling winning streak lately, raking in a jaw-dropping €131.1 billion in the first half of 2023. A significant chunk of this windfall is thanks to the AI frenzy that's taken the world by storm. You see, the fund has positions in the like of Apple, Alphabet, Microsoft, and Nvidia – all of which have been riding high on the AI wave. However, while reveling in these lucrative returns, the fund is also taking on a more serious role by urging these very companies to adopt responsible practices in the realm of artificial intelligence. In a letter released this week, the €1.28 trillion fund highlighted the imminent challenges tied to the widespread integration of AI throughout the economy.

MIT researchers combine deep learning and physics to fix motion-corrupted MRI scans (2 minute read)
In comparison to imaging methods such as X-rays or CT scans, MRI scans offer exceptional soft tissue contrast. However, the downside is that MRI is remarkably sensitive to even the slightest movement, leading to unwanted image distortions. These distortions can place patients at risk of inaccurate diagnoses or unsuitable treatment due to obscured details. Yet, a potential solution may be on the horizon, thanks to researchers at MIT who have developed a deep learning model capable of correcting motion issues in brain MRI scans. The groundbreaking approach constructs motion-free images from data affected by motion, all without altering the scanning process itself.

White House launches AI-based contest to secure government systems from hacks (3 minute read)
In a move to stay one step ahead in the ever-evolving realm of cybersecurity, the White House has kicked off a cyber competition with a multimillion-dollar prize. Their aim? To rally the power of artificial intelligence (AI) for the noble cause of locating and patching up security gaps in the intricate tapestry of U.S. government infrastructure. Anne Neuberger, the deputy national security advisor, aptly described the cybersecurity landscape as a showdown between the speedsters of offense and defense. She pinpointed the increasingly crafty use of AI by cyber rogues. In a candid chat with Reuters, she emphasized that this move aims to be a game-changer, countering the malicious AI momentum with the good kind

💼 Business

Nvidia Makes 1,000% Profit on H100 GPUs (3 minute read)
Nvidia is riding high on a profit wave, reportedly reaping profits of up to a remarkable 1,000% for each sale of its H100 GPU accelerator, as indicated in a recent social media update by Barron's senior writer Tae Kim. In terms of dollars, Nvidia's pricing strategy, ranging from approximately $25,000 to $30,000 for each High-Performance Computing (HPC) accelerator, notably eclipses the estimated cost of around $3,320 per chip along with its in-board components. This financial revelation draws from a $3,320 cost projection per H100 chip attributed to financial consultancy Raymond James, yet the precise depth of the analysis remains somewhat veiled.

AMD: Almost half of enterprises risk ‘falling behind’ on AI (2 minute read)
AMD has shared intriguing findings from a wide-ranging survey involving 2,500 IT leaders across the US, UK, Germany, France, and Japan, revealing that almost half of the surveyed enterprises—about 50 percent—are teetering on the edge of falling behind in the race to embrace AI. This global snapshot spotlights a mix of excitement about AI's promising perks and the sizeable hurdles organizations face when it comes to integrating AI technologies. Impressively, a strong 67 percent of respondents are upping their AI investments to seize these potential advantages. However, the survey's candid insights also brought to light cautious hesitation stemming from uncertainties tied to implementation, the compatibility of existing hardware, and the complexity of technology stacks. Interestingly, among the cohort that's charging ahead with AI implementation, a whopping 90 percent reported a noticeable boost in workplace efficiency. This underscores a compelling narrative—early AI adopters could be in for a good boost in productivity and performance.

❓ Misc

Amazon Bestselling Book Published 2 Days Into Maui Wildfires Raises Red Flags From Publishers (2 minute read)
A self-published book recounting the harrowing tale of Maui's wildfires surged to the forefront of various Amazon Kindle bestseller charts shortly after the fires ignited, sparking curiosity and suspicion in equal measure. The enigmatic author of "Fire And Fury: The Story of the 2023 Maui Fire And Its Implications For Climate Change" has left many scratching their heads, given the dearth of identifiable information and the baffling swiftness with which the book came into being. Sarah Bean, marketing manager at self-publishing book service BookLaunchers, raised multiple concerns, underscoring that the book's listing page is practically waving red flags for those versed in the world of self-publishing. Bean noted the absence of an author biography, the presence of unfavorable reviews, the brevity of the book, and the remarkably quick turnaround time, all setting off alarm bells. Beyond these issues, the opacity surrounding the source of the book's information and the cover photo – a generic image of a blazing house framed by a palm tree, with no credit attributed on the copyright page – adds yet another layer of intrigue.

Spotify expands its AI-powered DJ feature globally (2 minute read)
Spotify is bringing its AI-driven "DJ" to the global stage, spreading the musical magic to numerous markets worldwide, half a year after its debut in North America. Accessible via the "music" feed on the Spotify mobile app, this DJ feature puts a personalized twist on users' listening experience with a tailor-made music selection accompanied by a touch of synthetic-voiced charm. This enchanting commentary includes witty banter and tidbits of context that cleverly nod to songs and artists users have previously grooved to. Think of it as having your own radio DJ who curates a show exclusively for you. Introduced earlier this year in the U.S. and Canada, the DJ spotlight extended to the U.K. and Ireland a few months later. While it's hanging out in the beta zone for now, premium subscribers across approximately 50 markets are set to enjoy this sonic journey.

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