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🇺🇸 US bans export of NVIDIA chips to China & Middle East
PLUS: The Twitter Optimization Prompt
Martin Crowley & Arturo Ferreira
August 31, 2023
Premium // Sponsorship // Consulting
Welcome to AI Tool Report!
Today: Huge legislative moves from the US, China & Middle East
Plus:
📈 Trending: Quick list of today’s most popular tools
💡Training: The Twitter Optimization Prompt
🧠 News: US bans export of NVIDIA chips to China & Middle East
Read Time: 4 minutes
Our Report: The US has expanded export restrictions of Nvidia chips to regions beyond China amid militaristic concerns, now including some countries in the Middle East.
🔑 Key Points:
These curbs specifically affect Nvidia's A100 and H100 chips, designed for AI/ML tasks, and have recently received praise for being some of the most powerful chips on the market.
It remains unspecified which countries in the Middle East are affected. Luckily, most of Nvidia's sales are from the US, China, and Taiwan, with only 13.9% of sales coming from other countries.
US officials informed Nvidia that such regulations would address concerns about the products used for military purposes in the Middle East.
Nvidia's competitors—Advanced Micro Devices (AMD) and Intel—have revealed plans to create less potent AI chips for export to the Chinese/Middle Eastern markets following similar restrictions.
🤨 Why you should care: These export restrictions highlight the ongoing technological tug-of-war between the US and other global players, with all nations currently vying for tech supremacy through AI.
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📈Tech Basics
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"Select a current technology trend (for instance, '5G Networking' or 'Quantum Computing').
Craft a 2-month study plan utilizing platforms such as (a specific online platform like 'Udemy' or 'Coursera') to understand its basic principles."
🐥 Twitter Optimization
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“Analyse this tweet and suggest changes for optimization: INSERT TWEET LINK”.
Samsung just launched Samsung Food: a meal planning and recipe platform available in 104 countries, offering over 160,000 recipes in 8 languages.
Users can discover recipes, create shopping lists, and discover nutritional insights through camera recognition powered by Samsung Food AI.
US Senate Majority Leader Chuck Schumer will convene an AI forum on Sept. 13, addressing potential technology risks to confirm guidelines for responsible AI.
The attendee list is insane—including CEOs of OpenAI, Meta, Tesla, Alphabet, Microsoft, Nvidia, IBM, Bill Gates, and former Google CEO Eric Schmidt.
Baidu just received approval to launch its AI bot, Ernie, to the public—establishing them as the first company to obtain such permission after new regulations were introduced requiring every AI company operating in China to first receive approval from the government.
This move gives Baidu a considerable head start on the competition and could lead to a monopolistic hold on the Chinese market.
The AI Tool Report just became the fastest-growing AI newsletter in the world, with 300,000+ readers working at companies like Apple, Meta, Google, Microsoft, and many more. We are now taking limited bookings for products that are a good fit. Book your ad spot by clicking here.
✈️ AI-powered drone beats world champion pilots at drone racing
📊 Google illustrates seven ways businesses are using Google Cloud
💸 A121 Labs raises $155M in funding at a $1.4B valuation
⚔️ Betaworks goes all in on AI boot camps
🧱 OpenAI acquires Minecraft clone
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Until next time, Martin & Arturo.
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