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Today’s AI Secret:

• Daily Trending & Featured AI.

• Samsung Launches AI-Phone to Beat Apple.

• Talent War Between Google & OpenAI.

• AI Completely Subverting Public Transport.

• More AI Quick Heats.

Read Time: 3-5 minutes

SECRET AI

Daily Trending AI.

Secret Featured AI.

SECRET HIGHLIGHT

Samsung Launches AI-Phone to Beat Apple.

The Samsung Galaxy S24 series, equipped with Qualcomm's Snapdragon 8 Gen 3 for Galaxy, boasts enhanced AI capabilities due to an advanced NPU, positioning these smartphones as powerful AI devices in the business sector.

Key Features:

• Advanced NPU in Snapdragon 8 Gen 3 for Galaxy: The new chipset by Qualcomm boasts an enhanced NPU, aiming for superior performance in AI-related tasks. This technological improvement is a critical aspect of the Galaxy S24 smartphones, enabling advanced AI functionalities.

• AI-Driven Features in Galaxy S24 Series: Samsung's Galaxy S24 series, powered by the Snapdragon chipset, includes a range of AI tools. These tools encompass capabilities like quick transcription of recordings and automated photo editing suggestions, all supported by the NPU.

• Qualcomm's Specialized Chipset for Galaxy: The Snapdragon 8 Gen 3 for Galaxy is tailored specifically for Samsung's devices, with potential variations in clock speeds compared to the base Snapdragon 8 Gen 3 platform. This customization underlines the importance of specialized hardware in maximizing AI capabilities in specific product lines.

AI technology, including Snapdragon 8 Gen 3 for Galaxy, is pivotal for industry progress, enriching user experience with advanced photo editing, efficient transcription, and nuanced text interactions. Its integration in smartphones elevates product value and sets new standards, influencing the future of business through innovation and enhanced user engagement. AI's growing role symbolizes its fundamental impact on technology evolution and diverse global industries.

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SECRET HIGHLIGHT

Talent War Between Google & OpenAI.

Google and OpenAI are fiercely competing in the artificial intelligence (AI) sector, especially when it comes to hiring and keeping the best AI experts. To hold on to its top AI minds, Google is offering special stock options as part of its compensation, while OpenAI draws talent with generous salaries.

The Talent War:

• Special Equity Compensation by Google: Despite significant layoffs, Google is retaining its top AI researchers at DeepMind by offering them millions of dollars in restricted stock grants. This move is to compete with OpenAI's substantial salary offers.

• Google's AI Project Gemini: Google's top AI researchers are heavily involved in developing Project Gemini, a response to OpenAI's GPT-4 large language model. The considerable growth in Google's unallocated corporate costs, mostly from DeepMind, indicates the importance and resource allocation for this project.

• Talent Acquisition by OpenAI: Since October last year, OpenAI has hired at least six contributors from Google's Gemini project. This aggressive recruitment underlines the talent war between the two companies in the AI field.

The intense competition between Google and OpenAI for AI talent underscores the high value placed on AI expertise in the tech industry. Furthermore, the competition for AI talent highlights the growing need for skilled professionals in this field, which could lead to more investments in education and training for future AI experts.

SECRET HIGHLIGHT

AI Completely Subverting Public Transport.

AI advances boost public transport by learning from data to improve efficiency and reliability, benefiting passengers and operators alike.

Key Elements:

• AI in Bus Timetabling: The UK bus operator First Bus is utilizing AI-powered software to design and automatically update its bus timetables. This approach enables the company to make frequent adjustments to the schedules, improving punctuality and efficiency.

• AI's Impact on Operational Efficiency: The use of AI has led to a 20% increase in punctuality during peak periods for First Bus. This technology enables real-time adjustments based on road congestion, helping to prevent issues like bus bunching.

• AI in Public Transport Beyond the UK: The application of AI in public transport is becoming a global trend. In Japan, for example, a company named Next Mobility uses AI to run an on-demand, shared minibus service.

The use of AI in public transport, as illustrated by companies like First Bus and Next Mobility, is not only transforming the way bus services operate but also setting a precedent for the future of urban mobility and smart city development.

QUICK HEATS

BYD’s AI Plan - Chinese EV company BYD commits $14B to develop AI-powered smart car features, aiming to rival Tesla's innovations. Recently overtaking Tesla in EV production, BYD also plans vehicle-mounted drones and detachable steering wheels for gaming.

OpenAI is Thirsty for Electricity - ChatGPT requires vast energy, prompting CEO Sam Altman to seek a revolutionary power source like nuclear fusion. Despite heavy investments, practical fusion remains elusive.

Amazon Launches a New GenAI - Amazon rolls out a generative AI tool in its mobile app that answers customer questions about products quickly using summaries from reviews and listings, avoiding the need to sift through multiple pages. It's part of Amazon's broader AI integration, including review summaries, seller aid in listings and advertisements, and logistics optimization.

UBS Predicts AI boostS Tech Stocks - Products like Microsoft's Copilot and AI-driven cars from Volkswagen suggest a wider adoption across industries, leading to tech sector growth and higher earnings. UBS forecasts AI industry revenue to jump from $28 billion in 2022 to $420 billion in 2027.

AI Demand is Rapidly Rising - AMD's stock surged over 8% to its highest since 2021, nearing its all-time peak, driven by strong demand for its AI chips. With the AI boom, investors are watching AMD's competition with Nvidia, as both firms bolster their software and hardware for AI applications.

Thank you for reading AI Secret

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