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| Hey Insiders! Welcome to today's AI newsletter. Here are the top stories: - Time published its inaugural list of the 100 most influential people in AI.
- Survey shows U.S. AI experts prefer a federal "Department of AI" over private sector for regulation.
- Suspected Chinese influence operations are using AI-generated imagery.
If you find this newsletter useful, please share it with your friends and colleagues. Thank you! Beth
p/beth-duckett | |
| 1 | | Time published its first-ever list of the 100 most influential people in artificial intelligence. The TIME100 AI issue covers the "leaders, pioneers, innovators, and thinkers who are shaping today's AI landscape." More: - To create the list, Time's editors and reporters gathered nominations and recommendations from industry leaders and experts.
- The list spotlights 43 CEOs, founders, and co-founders, such as Elon Musk of xAI, Sam Altman of OpenAI, and Kate Kallot of Amini.
- It features 41 women and nonbinary individuals, including the COO of Google DeepMind, Lila Ibrahim, and artist Kelly McKernan.
- The magazine will also host a TIME100 Talks series on Sept. 12-14 focused on female leadership in AI innovation.
Zoom out: - The issue's cover features illustrations by Neil Jamieson of 28 influential figures, including Anthropic's Dario and Daniela Amodei, pop star Grimes, and Google DeepMind's Demis Hassabis.
- In addition to the TIME100 AI, there are in-depth profiles and interviews with figures like musician Holly Herndon, character.ai co-founder Noam Shazeer, researcher Geoffrey Hinton, and Signal president Meredith Whittaker.
Q: Which individuals from the TIME100 AI list do you admire the most and why? Join the conversation here. |     | |
| 2 | | A survey of U.S. AI experts showed many favor creating a federal "Department of AI" for AI regulation over other options like Congress or the private sector. The Axios-Generation Lab-Syracuse University AI Experts Survey surveyed 213 computer science and engineering professors from leading U.S. research universities. 
What the numbers show: Most experts support a "Department of AI" federal agency (37%) or global organization (22%) to regulate AI, as opposed to Congress (16%), the White House (4%), or the private sector (3%). While opinions vary on who should oversee AI rules, most of the experts agree it should be regulated. When asked how the U.S. should govern AI, 16% said creating agencies to oversee the technology, followed by 15% who support transparency and explainability mandates for AI systems. Highlight: A majority of respondents (58%) didn't trust the world's top political and business leaders to deliver AI with positive impacts. President Biden led with 9% support from experts, narrowly ahead of Google's Sundar Pichai, Tesla's Elon Musk, and OpenAI's Sam Altman. 
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| 3 | | China is suspected of using AI imagery to influence U.S. voters, according to Microsoft. The company found that Chinese government-aligned influence campaigns are increasingly using AI-generated images to target U.S. political candidates and impersonate voters. More: - Microsoft's threat analysis report focused on the rise in "digital threats from East Asia."
- According to the report, a suspected Chinese Communist Party-affiliated operation is controlling a network of fake accounts on Western social media platforms.
- Some suspected Chinese assets began using generative AI technology earlier this year.
- The technology has been used to create AI-generated visuals that attempt to mimic and influence U.S. voters.
Zoom out: - The content, which has included the Statute of Liberty and the Black Lives Matter movement, has targeted divisive issues like gun violence and disparaging U.S. political figures and symbols.
- The AI-generated images are more "eye-catching" than digital drawings and stock photos, drawing higher levels of engagement.
- Microsoft identified Chinese influence campaign content on Meta's Facebook and Instagram, Microsoft's LinkedIn, and X, formerly Twitter.
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| 4 | | D-Matrix, a startup specializing in chips and platforms for AI at the inference stage, raised $110M in an oversubscribed Series B funding round. The backing came from investors including Microsoft's venture fund and Singapore's sovereign wealth fund. More: - Silicon Valley-based d-Matrix develops high-efficiency silicon and AI compute platforms for data centers.
- While many players focus on training AI models, d-Matrix differentiates itself by specializing in AI inferencing workloads.
- The startup developed the Jayhawk II chip, featuring 256 compute engines integrated with shared static random-access memory (SRAM), offering high memory bandwidth and cost-effectiveness.
- SRAM's limited capacity compared to HBM means d-Matrix is targeting smaller AI models, ranging from 3 to 60 billion parameters.
Funding: - The round was led by Temasek, the investment company owned by the Singapore government.
- D-Matrix will use the funding to advance the commercialization of its Corsair platform, designed to reduce inference costs using DIMC (digital in-memory) architecture and chiplets.
- Corsair, set for a 2024 release, could significantly reduce inference costs for smaller models.
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| 5 | | 🍋 MORE FRESH FUNDING 🍋 - Generative AI startup AI21 Labs raised a $155M Series C funding round at a $1.4B valuation. Samsung, Google, and Nvidia were among the investors backing the company.
- Elemental Cognition nabbed a $60M Series B funding round to create advanced AI software for investment research, travel planning, and other complex issues. Bridgewater Associates was one of the lead investors.
- AI-powered financial fraud, money laundering, and international financial crimes detection startup ThetaRay secured $57M in capital from investors. Portage Capital Solutions led the funding round.
- Sapeon secured a $45M Series A funding round to develop advanced processors that power complex AI. The company is now valued at $378M.
- Speak, a platform that aims to help users learn languages through an AI tutor, has raised a $16M Series B extension round led by Lachy Group. The OpenAI Startup Fund, Drew Houston, and Arash Ferdowsi also participated.
- California-based AI startup Speak closed a $16M funding round. The round was led by Lachy Groom.
For the latest on AI startup funding and more in the VC community, subscribe to our Inside Venture Capital newsletter. | | | |
| 6 | | Quick Hits: - Launch your MVP with AWS. The Build Accelerator offers access to on-demand content, technical support, and $2K in AWS Activate credits. Apply today!*
- Tencent is launching its AI model "Hunyuan" for businesses. The Chinese tech giant plans to integrate it into various products, including its video conferencing platform and WeChat, its messaging and payments app.
- Falcon 180B, a new 180 billion-parameter open-source language model, was released on Hugging Face Hub.
- Zapata, an AI startup headquartered in Boston, is poised to enter the public market through a merger with Andretti Acquisition Corp, a Special Purpose Acquisition Company (SPAC) led by former IndyCar driver Michael Andretti. The merger has propelled Zapata's valuation to $200M.
- ARM targets $60B IPO valuation, Instacart at $24B. Get access to the Top 25 pre-IPO deals like Stripe, OpenAI, Databricks and Anduril.*
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Term of the Day Gross rent multiplier (GRM): Gross rent multiplier (GRM) is the ratio between a property’s current market value and its annual gross rental income before factoring in expenses. Question of the Week Do you share details about your salary with your coworkers? Join the conversation |
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 | AI and technology writer | | Beth is the curator and writer of the AI and Tech newsletters at Inside. With a career in journalism and editing that began in 2007, she has written for publications including USA Today, The Arizona Republic, Arizona Business Gazette, and more. You can reach her at Beth.Duckett@yahoo.com. | | This newsletter was edited by Aaron Crutchfield | |
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