Don’t believe the AI hype: Needham downgrades Applied, ACLS, etc. Even if Nvidia’s incremental chip demand for AI doubled, it would’t drive a lot more wafers to be manufactured at Taiwan Semi. https://
thetechnologyletter.com/the-posts/dont
-believe-the-ai-hype-needham-downgrades-applied-acls-etc
… $AMAT $ACLS $AEIS $NVDA $TSM $KLAC $ONTO $NVMI #investing
BIG TECH
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Needham Downgrades Chip Stocks Amid AI Hype Skepticism
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Foundation AI Funding Boom Mirrors Failed Delivery Startup Bubble
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Massive funding of foundation AI model companies eerily reminds me of massive funding of 10 min grocery delivery companies. Particularly because the firms that did the latter are doing the former. Honestly don’t think it’ll end well.
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EU Parliament Approves AI Act Regulating Tech Giants
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Europe moves ahead on #AI regulation, challenging tech giants’ power https://
washingtonpost.com/technology/202
3/06/14/eu-parliament-approves-ai-act/
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Major AI Funding Rounds and Breakthroughs Shape 2026
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Stories featured from @StevenLevy (interview w/ Satya Nadella), @ingridlunden (Mistral's monster seed round), @Ryan_Browne_ (Synesthesia round backed by Nvidia), @mrdiscopop (AI assisting in surfacing a new Beatles song!!), and @BrodyFord_
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@EdLudlow (Databricks hits $1B revenue). -
OpenAI’s Pricing Strategy: Cost, Lock-in, and Market Implications
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It of courses raises a ton of questions. How can OpenAI do this in the first place, and why now? Do they sell it at cost (or at a small loss) to keep people locked into the OpenAI ecosystem? Etc. etc. etc.
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AI Pricing Wars: Major Price Cuts Strategy Explained
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So, if you can't win on quality, you do the next best thing: win on price. It's one of the most aggressive price cuts we've seen as far as AI products go so far. And a devs I've spoke with have hoped for big price cut like this—from OpenAI or someone else.
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OpenAI Cuts Ada Embedding Model Price by 75%
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Today's issue is about what seems to be a grand tradition in AI announcements now. OpenAI, talking about a slew of product updates, said in a throwaway line it was cutting the price of its embedding model ada-002 by a whopping 75%.
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Azure AI versions availability versus general cloud API access
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You can get versions that are on Azure but I don’t think the general cloud API is!
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Salesforce BLIP Used for AI Training Captioning
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During our training run, we were first using BLIP for captioning, ans I noticed that the company who made BLIP was…Salesforce. SALESFORCE!
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CEO Discusses AI Computing for Autonomous Vehicle Vision Systems
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Our CEO, Arun Iyengar, joins @BNNBloomberg to share more on our cutting-edge #AI #computing technology for autonomous vehicle vision systems and our partnership with @GM to help accelerate the development of self-driving cars. #AVs Watch now: https://
tinyurl.com/4hwnb4mt