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Nvidia introduces AI supercomputer to create ChatGPT successors

PLUS: EU Commission expects first bloc-wide AI law to be adopted this year

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AI Snippets
May 29, 2023

Hey AI Snippets Readers, Nvidia introduced a new AI supercomputer to create a ChatGPT successors 💻. Moreover, the EU Commission expects first bloc-wide AI law to be adopted later this year 🧑‍⚖️. Lastly, Amex is planning to use AI for approving cards and lines of credit 🏧. Let’s get right into it 🏃‍♂️👇

1) Nvidia introduces AI supercomputer to create ChatGPT successors

Nvidia revealed plans for the DGX GH200 AI supercomputer to aid in developing advanced chatbots like ChatGPT, with Microsoft, Meta, and Alphabet expected as early users. They also introduced Nvidia ACE for Games, an AI service for character development in video games, and partnered with WPP to integrate AI and metaverse tech for cost-effective advertising.

As AI expands, companies are engaging with policymakers, as seen in a White House meeting with tech executives and VP Kamala Harris, to establish innovation-friendly regulations.

2) EU Commission expects first bloc-wide AI law to be adopted this year

The EU Commission aims to reach an agreement on the first AI law in the European Union this year, with enforcement expected by 2025, according to Digital Commissioner Margrethe Vestager. The European Commission hopes to have the first trilogue on the AI law before summer and aims for a result by year-end.

The proposed regulation seeks to ensure the reliability and safety of high-risk AI systems and may include additional requirements such as human supervision and clear information obligations.

3) Amex planning to use AI for ‘approving cards and lines of credit

American Express (Amex) plans to leverage AI services for transaction validation, credit approval, customer sentiment analysis, and financial predictions. However, the company currently has no plans to develop its own large language model (LLM) and instead intends to utilize partnerships for LLM capabilities.

Amex has previously collaborated with Microsoft in cloud-based AI technologies and may seek similar partnerships in the future, as it cautiously integrates AI into its products and services.

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