Whether Facebook goes that route is an open Q still. It's historically done very little commercially with its unbelievably popular deep learning OSS tools. Mark has wanted to be seen as a leader in *something* new for years (lol Metaverse), and he's had it with AI for years.
MARKET TRENDS
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Meta’s Untapped AI Business Opportunity Finally Emerging
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It's built all this internally, but Facebook (sorry, Meta), has been on the hunt for a new business for years. It just happened to be sitting on some of the most popular AI tools in existence and one of the best AI research facilities in the world—and doing nothing with it.
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AI Chip Startups Face Setbacks Amid Market Challenges
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Some of the hottest chip startups are now hitting snags. Graphcore laid off 160 people last year as a deal to supply Microsoft fell through, and SambaNova also went through some layoffs earlier this year. Cerebras has pushed hard into LLMs with its own OSS LLM models.
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Nvidia’s Dominance: Why Startups Failed to Compete
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With Facebook's announcement yesterday, the biggest players in the AI industry have coalesced around Nvidia for training. A pack of startups once sought to beat Nvidia, but the dream of beating Nvidia is a much taller one than imagined in 2016-2017.
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BLOOMChat Achieves 66% Preference Over Open-Source LLMs
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1. BLOOMChat achieved a average win rate of 45.25% compared to GPT-4's 54.75% across 6 languages in a human preference study. 2. BLOOMChat was preferred 66% of the time compared to mainstream open-source chat LLMs across 6 languages in a human preference study. (3/6)
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Cerebras’ James Wang Discusses AI Hardware Innovation on ARK Podcast
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ICYMI – Cerebras' James Wang joined the ARK Investment Management LLC podcast to discuss everything going on with #AI and how Cerebras is pushing the frontier of AI hardware. Listen here: https://
hubs.li/Q01QxyT90 -
Global broadband usage patterns show dramatic shift trends
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‘Dramatic’ shift in global broadband usage trends #Technology #Tech #FutureTech https://
computerweekly.com/news/366537975
/Dramatic-shift-in-global-broadband-usage-trends?utm_source=dlvr.it&utm_medium=twitter
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New US ETF Launches Focused on Generative AI Stocks
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Roundhill Investments has launched the first-ever US exchange-traded fund (ETF) focused on generative AI. $CHAT will track an index of companies that are developing or using generative technologies. Here are it's top weighted stocks:
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Architectural Cleverness Cannot Compensate for Raw Scaling Gap
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http://
incompleteideas.net/IncIdeas/Bitte
rLesson.html
… is about the surprisingly limited impact of architectural cleverness versus raw scaling. I am analogizing to suggest that a radical hardware architecture like https://
en.m.wikipedia.org/wiki/Cerebras probably won’t make up for being back a few stages, but hope springs -
Applied Materials Divests Multi-Billion Investment Amid Stock Decline
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Applied Materials sells off: multi-billion-dollar investment to be announced Monday Keep in mind the stock is eighty-three percent off its 52-week low. https://
thetechnologyletter.com/the-posts/appl
ied-materials-sells-off-multi-billion-dollar-investment-to-be-announced-monday
… $AMAT $KLAC $LRCX $ASML #investing #semiconductors #China