Breaking AI Boundaries: Intel's Meteor Lake Processors, Asus' Nvidia AI Servers, and AmEx's Generative AI in Fintech

Today:

Intel's Meteor Lake processors will go all-in on AI, feature Intel Arc graphics

Intel's up to something new with its upcoming Meteor Lake platform, and let me tell ya, it's aiming for the stars. This platform is all about artificial intelligence, or AI. Intel's playing to bring more of that AI magic to your devices so you don't have to depend on the cloud as much.

Meteor Lake is the new kid on the block in Intel's CPU family. This guy's the first to use Intel's 4 process and Foveros packaging technology, all bundled up in a chiplet-style design. Imagine a puzzle where each piece can handle its own job, from power management to specific workloads.

Speaking of workloads, one of these puzzle pieces is a brand-new, built-in vision processing unit (VPU) for AI workloads. Think of it like a high-powered calculator, but instead of crunching numbers, it's handling all that AI stuff.

Now, if you're wondering what this AI stuff is, you're not alone. Imagine your computer talking back to you, making predictions, generating images - that's AI. Right now, most of this action happens in the cloud, which can get pricey and bring up privacy worries.

Intel's VPU aims to bring this AI work right to your computer. One example Intel gave was generating a complex image based on a description, and it took just about 20 seconds.

As for when you'll get your hands on these Meteor Lake processors, Intel's playing it close to the vest. No specifics on availability or specs yet, but it's pretty clear they're going all-in on AI. And if you ask me, that's a smart move.

READ THE ARTICLE ON XDA.

Asus to Sell Nvidia AI Servers You Can Install in Your Office

ASUS, those folks from Taiwan who make your fancy laptops, have got a shiny new idea. They're going to start selling NVIDIA AI servers you can just plop down in your office. Yep, you heard that right.

It's called the AFS Appliance. Not only does it keep your secret sauce (data, not BBQ) secure on your own turf, it's also fully maintained by ASUS. What's the big deal, you ask? Well, think of it like having your own personal muscle man. He's there to do the heavy lifting but doesn't blab your secrets to the neighborhood. Unlike some AI services (cough OpenAI cough) which use online data centers, posing the risk of spilling your beans everywhere. Samsung even had to stop their peeps from using OpenAI after some bozos uploaded sensitive code. Talk about an "oopsie" moment!

This ASUS kit comes loaded with a smart cookie named Formosa. This brainiac AI can chat like a champ, apparently as good as ChatGPT 3.5, but with an affinity for traditional Chinese. The price tag? A cool $6,000 a month, says ASUS Cloud and TWS head honcho Peter Wu. If you're feeling fancy, you can splurge on the top-tier option with a NVIDIA DGX AI supercomputer for a mere $10,000 monthly.

Wu's aiming for 30 to 50 business customers by year's end, mainly because they want to keep their AI "smart brain" close to home and under control. It's like having a genius roommate that won't steal your leftovers.

He's also seeing interest from banks and hospitals. For docs, this AI could scribble down patient visits and treatments quicker than a teenager's text message, and translate medical jargon into everyday language. Sounds handy, right?

Nvidia’s been on a roll with their AI-training chips, but ASUS is ready to roll up its sleeves and get a piece of the AI action. There’s no shortage of Nvidia’s A100 chips, the juice behind the AFS Appliance. So, buckle up folks, ASUS is ready to bring AI right to your doorstep.

READ THE ARTICLE ON YAHOO! FINANCE.

AmEx is experimenting cautiously with generative AI for fintech

American Express (aka AmEx) is dabbling with generative AI to jazz up its customer experience, but it ain't jumping on the bandwagon just yet. They've got their whizzkids in AmEx Digital Labs, a sort of "bat-cave" for tech geeks, cooking up AI solutions. Don't get it twisted, though – they've been riding this AI train way before it became the "in thing". Remember Mezi? That AI travel buddy you could chat up on their app? Yeah, that's them.

Now, these bigwig AI models like ChatGPT and Google’s Bard are making waves, and AmEx wants a piece of the action. They're eyeballing AI for everything from helping you buy that shiny new thingamajig with your credit card to predicting if you'll be swimming in money or ramen next month.

Here's the funny bit: while everyone's trying to roll out their AI models, AmEx is more like, "Nah, we're good". They're thinking of buddying up with other AI models instead of creating their own. 'Cause why do the work when someone else can, right?

And before you start losing sleep over your bank info going on a world tour, they've got this thing called "ring-fencing" to keep everything on the down-low. So, only the folks who've passed the secret handshake and decoder ring test get to play with these AI toys. All this is just baby steps though, with AmEx – and most other big companies, if we're honest – still trying to figure out this whole generative AI shebang.

So, if you're biting your nails waiting for AmEx's big AI reveal, take a chill pill. They're taking the scenic route and enjoying the ride.

READ THE ARTICLE ON VENTUREBEAT.

ChatGPT takes center stage as students ditch tutors in favor of AI-powered learning

Folks are giving human tutors the old heave-ho for ChatGPT. Think of it as swapping the old gas-guzzler for a slick, electric car – not just because it's shiny and new, but 'cause it gets you from point A to B real efficiently. According to Intelligent.com, 85% of students who've tasted both flavors - tutors and ChatGPT - say ChatGPT takes the cake.

And parents? They're singing from the same hymn sheet - 96% think their kiddos do better with ChatGPT. Turns out, 39% of students and 30% of parents have waved goodbye to tutors, trading them in for this fancy AI helper.

What's the big sell? Well, this AI fella doesn’t snooze, it’s free, and answers faster than you can say Jack Robinson. Plus, it’s got a knack for explaining stuff like algebra and geography.

However, some experts reckon ChatGPT ain't gonna kick tutors outta the game just yet. Sure, it can offer clear, straight-up answers for tough subjects, but the catch is – you gotta ask the right questions. It ain't a mind-reader, after all.

As much as students and parents say their grades shot up after bringing ChatGPT onboard, the consensus is that nothing beats a good old human tutor for the hard stuff – understanding what teachers want, predicting exam questions, or giving a kid the push they need when they're dragging their feet.

So, yeah, while folks are pretty jazzed about this new AI, it ain't replacing the human touch just yet. It's more like a sidekick, helping to crack the books open when you can't find a human tutor at 2 AM.

READ THE ARTICLE ON VENTUREBEAT.

Nvidia's CEO Has an Urgent Warning for Anyone Resisting AI

OpenAI's chatbot, ChatGPT, is turning heads and flippin' burgers. People didn't know they needed a side of AI with their tech, but now they can't get enough of it. It's making life online easier than pie. Bing's even got it answering questions directly instead of playing a game of "hunt the link."

The bigwigs at Google and Meta are feeling the heat and throwing their own AI shindigs. It's a stampede with everyone trying to get a piece of this AI action. You got AI cropping up everywhere like dandelions on a summer's day.

These large-language-model gizmos are shaking things up, promising to save big bucks, make new jobs, and yeah, snuff out a few old ones too.

Jensen Huang, the big kahuna at Nvidia, shot straight from the hip in a recent talk. He says if you're not on the AI bandwagon, you're about to be roadkill. "Get with the program or get left in the dust," he pretty much told the grads.

Nvidia, Huang's baby, is running like a greyhound after a rabbit. They saw a 27.5% stock jump after some good financial news, putting them just a hop, skip, and a jump away from the "Trillion Dollar Club."

Bottom line? AI's hotter than a jalapeno and Nvidia's right in the thick of it, selling the gear to keep the AI show on the road. The game's afoot, and it's AI or bust.

READ THE ARTICLE ON THE STREET.

Nvidia and A.I. are hot — and BofA says these 3 global stocks are also worth the buzz

Nvidia, a big tech company, is doing fantastic, and that's got everyone jazzed about AI. This stock shot up by over 29% after their earnings report. Think of it like hitting a homerun in the ninth inning.

Now, Bank of America (BofA) noticed this and they're pretty excited too. They say Nvidia's success paints a pretty picture for the whole AI server game, especially in Greater China. The idea is, the more powerful and custom these AI servers get, the more dough the hardware suppliers can ask for, starting around 2024.

BofA's so hyped, they're doubling down on their "buy" recommendations for three tech stocks out of Taiwan. First up, Delta Electronics. They're saying there's room for growth if servers or data centers pick up, or if electric vehicle-related stuff comes out faster than folks think. BofA's pegging Delta's price target at 365 Taiwanese dollars (about $11.90), a solid 15% bump.

Next is Lite-On Tech. They make electronic components, including some for semiconductors. BofA's betting on them because of the rise in AI server demand and their strong sales mix from cloud tech and AI trends. Lite-On's got a healthy balance sheet and they're consistent with their cash dividends, so BofA's giving them a price target of 95 Taiwanese dollars - a potential 10% gain.

Finally, we got Quanta Computer. They started out making hardware but have branched out into AI and cloud computing. Their product mix is looking sharp and they're making more profit. Plus, they've got a hefty 7% cash yield. BofA's putting a price target on them at 125 Taiwanese dollars, which is another possible 10% hike.

So, in a nutshell, Nvidia's on a hot streak, and that's got BofA seeing dollar signs for these three Taiwanese stocks. Ain't that a hoot?

READ THE ATICLE ON CNBC.

AI means everyone can now be a programmer, Nvidia chief says

In a fascinating assertion, Nvidia CEO Jensen Huang suggested that everyone can now be a computer programmer, thanks to artificial intelligence (AI). He believes that all it takes is to speak to a computer, signaling the end of the "digital divide."

Nvidia has made a name for itself as a leading supplier of chips and computing systems for AI, becoming the world's most valuable listed semiconductor company. Just last week, the company projected a second-quarter revenue that exceeded Wall Street's estimates by more than 50%. It also stated that it is increasing supply to meet the rising demand for its AI chips, which power ChatGPT and many similar services.

In a speech at the Computex forum in Taipei, Huang pointed to AI as the driver of a new computing revolution. "Every single computing era you could do different things that weren't possible before, and artificial intelligence certainly qualifies," he noted. Huang believes that the low programming barrier is a huge contributor to the rapid growth of AI.

The company's AI chips have been instrumental in enabling human-like chat features in search engines like Microsoft's Bing. Huang showcased what AI can do by demonstrating a program that wrote a short pop song in praise of Nvidia with just a few instructions.

He also revealed new applications, including a partnership with the world's largest advertising group, WPP, to create AI-enabled content for digital advertising.

Nvidia's AI chips are in high demand, so much so that Tesla CEO Elon Musk mentioned that the graphics processing units (GPUs) are "considerably harder to get than drugs". This surge in demand demonstrates the significant role AI plays in current technology developments.

READ THE ARTICLE ON REUTERS.