Compute is the New Oil

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AIM DAILY XO  WED, 10 APR 24 Your daily update on artificial intelligence frameworks and leadership strategies, enriched with knowledge from India's forefront AI innovators and leaders. Happy Ugadi and Gudi Padwa, everyone; it’s your friendly AI Human, Amit Raja Naik, again, back with some amazing new AI updates.   Everybody is talking about it: the generative AI startup founders, the VCs, and even big tech companies and Indian conglomerates. How do you scale generative AI applications to millions and billions of users? Read on to find out more.  Happy reading. 🤗  “Compute is the new oil,” said Groq founder Jonathan Ross, in a recent interview with Forward Futur founder Matthew Burman, echoing OpenAI’s Sam Altman’s thoughts.   Altman is one of the luminaries in the field, besides Jensen Huang, Elon Musk, and others, who are trying to solve the energy and computing issues associated with building and providing generative AI services to a large customer base.  “Compute is going to be the currency of the future. It will maybe be the most precious commodity in the world. And we should be investing heavily to make a lot more compute,” said Altman in a recent interview with Lex Fridman. He also knows that this is one of the hardest problems to solve. The challenges include computing, energy supply, data centre construction, and the supply chain (particularly in chip fabrication).  To solve this, Microsoft and OpenAI reportedly plan to build a $100 billion data centre called ‘Stargate.’ This will require several gigawatts of power—equivalent to running multiple large data centres today, possibly reaching 5 gigawatts by then.   Adani invests: Terravista Developers, an Adani Group company, recently acquired a 25-acre lease in Pune for INR 471 crore ($60 million) to build a large data centre. Reliance Industries, on the other hand, is in talks with Meta to set up its first data centre in the country.   Helion is most likely to power ‘Stargate’   In 2021, Altman invested $375 million in Helion Energy, which is working on Project Polaris, which will generate electricity from nuclear fusion by 2024.   Last year, Microsoft agreed to purchase electricity from Helion’s first fusion power plant, scheduled for deployment in 2028. Helion plans to produce 50 megawatts of energy for Microsoft.  “Helion’s doing the best work, but I’m happy there’s a race for fusion right now. Nuclear fusion is also quite amazing,” said Altman, hopeful and optimistic.   Oklo is another nuclear startup backed by Altman. Oklo is developing commercial applications for nuclear fission, which is the fundamental reaction powering existing nuclear power plants, albeit with a focus on smaller-scale reactors.  Altman is omnipresent.   It’s funny how no AI conversations go without Altman's mention. From building AI models and devices to hardware and computing, he has left no aspect of AI untouched.   “Sam Altman’s new venture fund is called AI, Devices, Hardware, and Deuterium (ADHD),” said computer scientist Pedro Domingos.   Recently, Altman was in talks with Emerson Collective and Thrive Capital, both major investors in OpenAI, to partner on an AI device project led by former Apple designer Jony Ive. Ive, known for designing the iPhone at Apple, is seeking to secure up to $1 billion in funding for this venture. Notably, this will not be Altman’s first investment in an AI device company. Earlier, he invested in Humane, led by former Apple executives and the creators of the ambient computing device Ai Pin.  South Korean Tech company, VTouch, recently launched WIZPR, an OpenAI’s ChatGPT and Gemini-powered ring. Ironically, this ring echoes the ‘One Ring’ from Tolkien’s Middle-earth, as featured in the ‘Lord of the Rings’ series. Read the full story here.  As days fly by, it’s becoming clearer that Altman’s plans are bigger than those of AI devices. The chief of OpenAI is of the opinion that an energy breakthrough is necessary for future artificial intelligence, which will consume vastly more power than expected.  Today, OpenAI launched GPT-4 Turbo with Vision, which is generally available in the API, a cost-effective and powerful AI model with advanced text and image processing capabilities, alongside hints at the upcoming GPT-5 with enhanced reasoning skills.  Changing the world one compute at a time: While Altman is aiming for the stars, former OpenAI researcher Andrej Karpathy is keeping his feet on the ground by launching llm.c, a minimalist C-based project for GPT-2 training on Apple Macbook, offering efficient memory use and potential for CUDA expansion. Learn more here.   AI to Generate $1 Million on Its Own in 3-5 Years   Tamang Ventures founder and GenAI expert Nina Schickechoed, during her keynote speech at evokeAG 2024 a few days ago, recently said, that AI would be able to generate millions of dollars in the coming years.   She said that the new Turing test should be to instruct AI to make a million dollars. “Here’s a $100,000 investment. Can you convert this into a million dollars over six months?” she pondered, adding that this would be possible in 3 to 5 years.  This is similar to what Microsoft’s AI chief, Mustafa Suleyman, stated last year when he said that a new Turing test should be less about figuring out how much AI can emulate human intelligence and more about how it can change the real world. Check out the full story here.   INDIA  Ola Krutrim, Infosys, and Bharti Airtel are leveraging Intel Gaudi 2 to unleash AI innovations in the country. Read more here.  Genpact recently expanded CHRO Piyush Mehta’s role to include Country Manager for India, highlighting its commitment to growth, talent development, and AI-first strategy in the region. Tata Advanced Systems Ltd (TASL) and Satellogic recently collaborated to launch the TSAT-1A, marking its entry into satellite technology and strengthening India's self-reliance in space capabilities. CognitiveLab, founded by Adithya S Kolavi, a 20-year-old AI researcher, recently launched the Indic LLM Leaderboard to evaluate growing Indic Language Models.  Indian AI startup Neysa secured $20 million in funding to enhance generative AI adoption, focusing on cloud platforms and data control for businesses in India and worldwide.  Workshop Wonders  Join us for an exclusive webinar on “Automating Data Pipelines with Snowflake: Accelerating Data Integration and ETL Workflows” on April 25, 2024. This insightful session is tailored for those keen on streamlining their data pipelines and accelerating time-to-insight.   What are you waiting for? Register now to secure your spot in this enriching journey towards advanced data handling! Click here >>   Enjoying AIM Daily XO? Share it with colleagues or friends – they can sign up here.   We love hearing from our readers! Have thoughts on our new format? Questions, comments, or ideas are always welcome. If there’s a specific topic in AI or analytics that you're curious about, tell us! Reach out to us at info@analyticsindiamag.com.  Stay tuned for more insights in our next edition!  Cheers! Amit Raja Naik  Follow Us. AIM Daily XO is published by AIM Media House, a global Media and Analyst Firm dedicated to Artificial Intelligence Contact us info@aimresearch.co

                                                           

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