Monday’s top story: NVIDIA has signed a deal with Qatari telecoms group Ooredoo to deploy its AI technology in data centers across five Middle Eastern countries
🚀 Nvidia expands to the Middle East
☑ How to simplify & delegate complex tasks with AI
🤝 Apple, Meta discuss AI deal
🏋 How to get back in shape with ChatGPT
🔌 AI boom strains power grid
🔬 SoftBank bets on super-AI
Read Time: 5 minutes
🚨 Potential class action lawsuit against Apple — click here to learn more
Our Report: Nvidia has signed a deal with Qatari telecoms group Ooredoo to deploy its AI technology in data centers across five Middle Eastern countries, marking Nvidia's first large-scale launch in the region despite U.S. export restrictions.
🔑 Key Points:
The agreement will make Ooredoo the first company in the region to allow direct access to Nvidia's AI and graphics processing technology in data centers located in Qatar, Algeria, Tunisia, Oman, Kuwait, and the Maldives.
Ooredoo CEO Aziz Aluthman Fakhroo stated that their "B2B clients... will have access to services that probably their competitors (won't) for another 18 to 24 months."
The deal was signed on June 19, 2024, at the TM Forum in Copenhagen, though the exact value and specific Nvidia technology to be installed were not disclosed.
Ooredoo is investing $1B to boost its regional data centre capacity by 20-25 additional megawatts, with plans to nearly triple capacity by the decade's end.
🤔 Why you should care: This deal highlights the continuous spread of AI, with the technology being integrated into new contexts, allowing for new, unique innovations. As AI continues to make its way around the globe, you should expect international politics to play an increasingly important role in its trajectory.
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Our Report: Apple and Meta are in talks to integrate Meta's generative AI technology into Apple's recently announced AI system for iPhones, as Apple looks to partner with multiple AI companies to enhance its offerings and diversify risk.
🔑 Key Points:
Apple is exploring partnerships with multiple AI companies, including Meta, Anthropic, and Perplexity, to enhance its "Apple Intelligence" system announced earlier this month.
The talks involve AI companies potentially selling premium subscriptions to their services through Apple Intelligence, though the details remain unclear.
Apple has already announced a partnership with OpenAI to bring ChatGPT into a revamped version of Siri, signaling its openness to external AI collaborations.
🤔 Why you should care: Apple is crafting an AI jambalaya, partnering with multiple companies to pull from various AI providers rather than rely solely on in-house development. This strategy could lead to more diverse and powerful AI features for users while diversifying Apple’s risk from any partner.
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Our Report: AI’s exponential growth is causing a surge in electricity demand, leading to concerns about grid stability, increased fossil fuel use, and potential conflicts with tech companies' sustainability commitments.
🔑 Key Points:
According to a Goldman Sachs analysis, data centers are projected to account for 8% of total U.S. electricity use by 2030, nearly tripling their current share.
A ChatGPT-powered search consumes almost 10 times the electricity of a standard Google search, as reported by the International Energy Agency.
Tech giants like Microsoft are investing in experimental clean energy projects, including atomic fusion and small nuclear reactors, to meet their growing power needs.
The AI boom is causing some utilities to delay the retirement of coal plants and expand natural gas usage to meet increased demand.
🤔 Why you should care: AI is unlike previous digital technologies, requiring industrial-scale energy and infrastructure—meaning the future of AI depends entirely on the future of the energy that supports it.
Our Report: SoftBank CEO Masayoshi Son has boldly predicted that artificial superintelligence (ASI), which is 10,000 times smarter than humans, will emerge within the next decade.
🔑 Key Points:
Son introduced the concept of "artificial superintelligence" (ASI), which he believes will be 10,000 times smarter than any human genius within 10 years.
He predicts that "artificial general intelligence" (AGI), 1-10 times smarter than humans, will arrive earlier than anticipated in the next 3-5 years.
Son envisions a future with multiple ASI models interacting like neurons in a human brain, leading to unprecedented cognitive capabilities.
🤔 Why you should care: Son's predictions are part of the global tech industry's continuous alignment behind the production of not only human-level but superhuman AIs. His timeline, if accurate, would see society fundamentally change within the decade.
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Until next time, Martin & Liam.
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