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Billionaires Switch from Nvidia to Alternative AI Stocks; China’s Light-Based Chiplet for AGI; NASA’s Deep Space Mission without AI

Two billionaire investors have reduced their positions in Nvidia, a leading technology company known for its graphics processing units (GPUs) and system on a chip (SoC) units, while increasing their holdings in an artificial intelligence (AI) startup. Tiger Global Management and Coatue Management sold a portion of their Nvidia shares in the first quarter of 2024, as per recent filings with the Securities and Exchange Commission (SEC). Meanwhile, they have invested in SambaNova Systems, an AI hardware and software startup.

In healthcare, artificial intelligence is being explored for its potential role in early cancer detection. Two new review articles in AI in Precision Oncology delve into this topic. The first article provides a primer on AI, while the second review examines the promising clinical applications of AI in early cancer detection.

China has developed a new light-based chiplet, Taichi, which could potentially power artificial general intelligence (AGI) – where AI is smarter than humans. The creators claim it’s more energy-efficient and scalable than other photonic components and can be used to train superhuman AI models in the future.

However, not all space missions are embracing AI. NASA’s upcoming deep space mission to Jupiter’s moon Europa will not use artificial intelligence. Despite its significant role in recent space exploration endeavors, this mission will rely on traditional methods for data analysis and decision-making.

In policy news, the U.S. government is planning where to spend next on AI. The Federal Risk and Authorization Management Program (FedRAMP) issued draft guidance on Jan. 26, establishing a framework for prioritizing authorization of emerging technologies. FedRAMP aims to fast-track approvals for AI applications in three areas: chat interfaces, code generators and debugging tools, and image generators.

In the private sector, businesses are increasingly leveraging AI for various purposes. For instance, AI is being used to identify and classify supernovae in real-time, contributing significantly to space exploration. Despite these advancements, there remain concerns about job displacement due to automation and ethical considerations around AI decision-making.

Overall, the field of artificial intelligence continues to evolve rapidly, with applications spanning healthcare, space exploration, policy-making, and business operations. As technology advances, so do the opportunities and challenges associated with AI, necessitating ongoing dialogue and regulation to ensure its safe and beneficial use.

More information, please check below news source:

    2 Billionaire Investors Are Selling Nvidia and Buying This Artificial Intelligence (AI) Stock Instead
    (Yahoo Finanzas)
    Tiger Global Management reduced its position in Nvidia in Q4 by nearly 13%. Nvidia still claims the No. 10 spot in the hedge fund’s portfolio with a stake valued at roughly $480 million at the end of 2023. However, Coleman is taking some of his profits off the table with the stock after making big gains.
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    3 Artificial Intelligence (AI) Stocks to Buy With $1,000 and Hold for Forever
    (The Motley Fool on MSN.com)
    T he artificial intelligence (AI) revolution is sure to produce some very big winners, but it also has the potential to disrupt large incumbents. How to be sure you’re investing in one of the AI beneficiaries, and not the disrupted?
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    AI CEO says people’s obsession with reaching artificial general intelligence is ‘about creating God’
    (Business Insider)
    Arthur Mensch doesn’t feel concerned about AI surpassing human intelligence, but he does worry about American tech giants dominating the field.
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    Axios sees artificial intelligence coming, and shifts its strategy
    (Seattle Times)
    The premium for people who can tell you things you do not know will only grow in importance, and no machine will do that,” says Jim VandeHei, CEO of Axios.
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    China develops new light-based chiplet that could power artificial general intelligence — where AI is smarter than humans
    (Live Science on MSN.com)
    The creators of the Taichi chiplet claim it’s more energy-efficient and scalable than other photonic components and can be used to train superhuman AI models in the future.
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    Exploring the role of artificial intelligence in early cancer detection
    (Medical Xpress on MSN.com)
    Two new review articles in AI in Precision Oncology explore the role of artificial intelligence (AI) in early cancer detection. A primer provides an overview of AI, and the second review examines the promising clinical applications of AI in early cancer detection.
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    NASA’s Next Deep Space Mission Won’t Use Artificial Intelligence
    (decrypt)
    Artificial intelligence (AI) has played a significant role in recent space exploration endeavors. In October, a group of scientists and astronomers from Northwestern University reported using AI to identify and classify supernovae in real-time.
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    Where the Government Plans to Spend Next on Artificial Intelligence
    (https//fedtechmagazine.com)
    FedRAMP issued draft guidance on Jan. 26 establishing a framework for prioritizing authorization of emerging technologies. Specifically, FedRAMP hopes to fast-track approvals for AI applications in three areas: chat interfaces, code generators and debugging tools, and image generators.
    Read More
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