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Hey Edge Family, good morning! SoftBank’s founder is looking to take Nvidia off their AI chip pedestal, will they succeed?
The Breakdown
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Otio: AI research and writing partner
Scalescout: An AI sourcer for every engineer
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🚨 Latest Developments
Source: Bloomberg
Big Takeaway: SoftBank Group's founder, Masayoshi Son, is reportedly seeking $100 billion for a new AI chip venture, Project Izanagi.
Project Izanagi would work alongside Arm, a chip design company SoftBank took public but still owns approximately 90% of.
Project Izanagi aims to rival the chipmaking monopoly NVIDIA and compliment Son's semiconductor design company, Arm Holdings.
The funding strategy mirrors SoftBank's Vision Fund approach, with plans to secure $70 billion from Middle Eastern investors and the remaining $30 billion from SoftBank itself.
Source: Reuters
Big Takeaway: Groq, an AI startup (not Elon Musk's Grok), is gaining popularity for its hardware breakthroughs, which include specialized processing units that run LLMs that give almost instant answers.
Public benchmark tests showed Groq outperforming ChatGPT in computation and response speed.
Groq developed a custom ASIC chip, enabling it to generate about 500 tokens per second, compared to ChatGPT-3.5's 40 tokens per second.
Groq Inc. claims to have created the first language processing unit (LPU), running its model without the need for GPUs.
This is a side-by-side demo comparison of GPT-4 and Groq.
Are LPUs the future of AI?
🔎 Extra Insights
Engineers at the University of Pennsylvania have developed a new photonic chip that performs AI math using light waves, enabling potential speed and energy improvements over traditional silicon chips.
UK-based AI chipmaker Graphcore is exploring a sale or investment deal with major tech firms like Arm, SoftBank, and OpenAI as it faces financial losses. Despite raising over $700 million at a $2.8 billion valuation, Graphcore has struggled to compete against Nvidia's dominant GPUs
French AI startup Mistral recently began quietly testing a new generative AI model called Mistral Next. Early testers found Mistral Next to be on par or better than OpenAI's GPT-4 at logical reasoning and coding. This comes after Mistral raised a massive $415 million funding round in December, valuing the startup at $2 billion.
💻 Real Life Use Cases
Chat GPT Prompt: YouTube Review
Use this ChatGPT prompt to generate a script for a YouTube product review.
Copy and paste the prompt below:
Write a script for a YouTube video reviewing (Insert product, book, movie, etc.). Provide an honest assessment, covering pros and cons, and your personal recommendation.Here’s a link to the results:
💼 Who’s Hiring in AI
Job Title | Company | Salary Range | Location |
|---|---|---|---|
Sun West | N/A | On-site | |
Accenture | $131k-$336k | On-site | |
Anyscale | $193k-$251k | On-site |
🎲 AI Game
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