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šŸ¤” Tiktok Dodges US Rules to Snap Up Nvidia Chips

PLUS: NVIDIA Seals $700M Deal to Acquire Run:ai šŸ’°

Welcome, AI Enthusiasts!

2024 is logging offā€¦ and so am I (after this email).

Another year of AI breakthroughs, questionable diets, and ā€œNew Year, New Meā€ promises is officially in the books.

If 2024 taught us anything, itā€™s that AI might write our resumes, but it still canā€™t fold our laundry.

Hereā€™s to 2025: a year where we let the robots work smarter, so we can nap harder.

Happy New Year, legends! šŸŽ‰

Let's get into it:

Todayā€™s AI Insights:

  • TikTokā€™s Parent ByteDance Dodges US Rules for Nvidia Chips

  • NVIDIA Seals $700M Deal to Acquire Run:ai

  • How to Enhance Learning with NoteGPT

  • AI tool of the day

  • Latest AI and tech news

  • Top AI tools

  • AI Meme of the day

Read Time: 3 mintue

LATEST AI NEWS

BYTEDANCE

Image Source: Getty Images

TikTokā€™s parent company, ByteDance, is reportedly planning to spend $7 billion on Nvidia AI chips in 2025, despite U.S. export restrictions. By leveraging a legal loophole, ByteDance aims to become one of the largest owners of Nvidia chips globally.

The Details:

  • Avoiding U.S. Restrictions: To comply with U.S. regulations, ByteDance plans to store the chips in data centers outside China, particularly in Southeast Asia, thereby not directly importing them into China.

  • Massive Investment: ByteDanceā€™s planned $7 billion purchase would position it as a top global owner of Nvidia chips, which are critical for AI development.

  • AI Expansion: ByteDance operates Doubao, a leading Chinese AI chatbot with 51 million active users, highlighting its growing investment in AI technologies.

  • Rising Restrictions: The U.S. has tightened export controls on AI chips multiple times since 2022, aiming to limit Chinese companiesā€™ access to advanced AI technology.

Why It Matters: ByteDanceā€™s strategy reveals how global companies navigate restrictions in the high-stakes AI race. As AI chip demand grows, loopholes in regulations may allow companies like ByteDance to continue expanding their capabilities, potentially reshaping the geopolitical tech landscape.

AI TOOL OF THE DAY

Create stunning marketing content with AKOOLā€™s Generative AI tools. From Face Swap and Streaming Avatars to Video Translation and Image Generation, AKOOL helps businesses produce high-quality visuals effortlessly.

āœØ Join over 5 million users and 50,000 companies worldwide who trust AKOOL to elevate their visual content creation.

šŸ‘‰ Transform your marketing strategyā€”try AKOOL today!

AI & TECH NEWS

NVIDIA has completed its $700M acquisition of Run:ai, a GPU orchestration software firm. By planning to open-source Run:aiā€™s platform, NVIDIA aims to boost accessibility and innovation in AI across diverse hardware. This move aligns with efforts by tech giants to address antitrust concerns while cementing NVIDIAā€™s AI market leadership.

Elon Muskā€™s xAI has raised $6 billion in a Series C round, nearly doubling its valuation to $45 billion. Backed by Andreessen Horowitz, Blackrock, and Kingdom Holdings, xAI plans to expand its infrastructure and launch new products, positioning itself against competitors like OpenAI and Anthropic in the AI race.

The Guardian has exposed a flaw in OpenAIā€™s ChatGPT Search, showing it can be tricked into generating misleading summaries. By embedding hidden text in websites, users can manipulate the tool to ignore negative reviews and create overly positive ones. This raises concerns about the robustness of AI in practical, real-world use cases.

The latest Files by Google app now lets Gemini Advanced users ask questions about PDFs directly. Tapping ā€œAsk about this PDFā€ while viewing a file activates the feature, similar to ChatGPTā€™s PDF interactions. Announced at Google I/O, Gemini also works with web pages, YouTube videos, and screenshots for other apps.

Arm Holdings sued Qualcomm over a licensing dispute following Qualcommā€™s $1.4B acquisition of Nuvia. A U.S. jury ruled Qualcommā€™s CPUs were properly licensed, allowing chip sales to continue. However, the jury couldnā€™t decide if Nuvia breached its license, prompting Arm to push for a retrial. Qualcomm hailed the outcome, while Arm vowed to defend its IP.

AI TUTORIAL

NoteGPT is an AI-powered tool that streamlines learning by summarizing content from various sources, including YouTube videos, PDFs, and articles. 

Steps to follow:

  1. Visit NoteGPT and create a free account.

  2. Add your desired content, such as YouTube links, PDFs, or text documents.

  3. Use NoteGPTā€™s AI to produce concise summaries, mind maps, or flashcards from the uploaded material.

  4. Engage in Q&A sessions with the AI assistant to deepen your understanding of the content.

  5. Save and manage your notes using folders and tags for easy access and review.

TOP AI TOOLS

šŸ’” Floatz AI - Supercharge your research with the power of AI.

šŸ–¼ļø Erase BG - Free HD tool for removing image backgrounds effortlessly.

āœļø editGPT - Proofread, edit, and enhance your writing with ease.

šŸ” Accio - The worldā€™s first AI-powered B2B sourcing engine for smarter procurement.

šŸŽ™ļø Screenpipe - AI screen and voice recording software to boost productivity.

šŸ–ļø Prodhiiv - AI tool for visual notes, task management, and seamless collaboration.

AI MEME OF THE DAY

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