The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis A Mysterious GPU Startup Sets Up In The Middle East
Jul 28, 2023
A mysterious GPU startup with a powerhouse team from Meta, AWS, and Azure is emerging in the Middle East, sparking intrigue about its royal connections. Regulatory figures discuss the challenges AI poses in finance and social media, while Meta's Reels are gaining ground on TikTok. Meanwhile, AI is making waves in art attribution, potentially linking a famous painting to Raphael. Companies like Intel, Spotify, and DoorDash are leveraging AI for new tools and enhanced user experiences, highlighting the technology's transformative role in various industries.
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Mysterious AI Startup in Middle East
- A mysterious AI data center startup is forming in the Middle East, potentially challenging NVIDIA's dominance.
- The startup is attracting talent from major tech companies like AWS, Azure, and Meta.
Government Scrutiny of AI
- SEC Chair Gary Gensler proposes new rules for Wall Street's use of AI in client interactions.
- FTC Chair Lina Khan voices concerns about AI's potential to exacerbate fraud and scams.
Meta Reels vs. TikTok
- Meta's Reels feature is rapidly catching up to TikTok in both user engagement and ad revenue.
- AI-powered content recommendations and ads have significantly boosted Reels' performance.