Ep 290: Apple’s new AI, NVIDIA breaks records and more – AI News That Matters

Apple’s AI Innovations

The future of AI is being written today. The highly anticipated WWDC event is on the horizon with Apple expected to unfold new AI features. These features might be a combination of on-device and cloud-based AI, akin to Google's AI. Rumours point towards a potential partnership with OpenAI's GPT-4 technology, which harbors an aim to bring large language models and generative AI to millions of devices, elevating user experience to a whole new level.

Elon Musk, NVIDIA, and Big AI Moves

In other news, Elon Musk has been making strategic allocations of NVIDIA chips from Tesla to other projects, causing certain delays and raising concerns among shareholders. This move aligns with his plans of creating the world’s largest supercomputer, the Gigafactory of Compute, in Memphis, Tennessee.

A noteworthy milestone was NVIDIA momentarily surpassing Apple in market cap. The 10 to 1 stock split by NVIDIA has further made the investment in the company affordable for new investors. In light of successful financial performance, NVIDIA disclosed plans for a new AI chip platform named Rubin, anticipated to be unveiled in 2026.

Rapid Market Cap Growth and Potential Market Dominance

Market capitalization is the barometer of a company's worth, and adding a trillion dollars to it is a formidable milestone. Companies like Amazon, Microsoft, Alphabet, and especially NVIDIA have achieved this feat within a surprisingly short period, stirring industry conversations.

Against this backdrop, antitrust violations by tech giants like Microsoft, OpenAI, NVIDIA are under scrutiny. Federal regulators are observing their market dominance, data collection practices, and potential unfair advantages in the AI domain.

Investments and Advancements in AI

Cisco, dedicated to staying at the forefront of AI advancements, has announced a $1 billion AI investment and a partnership with NVIDIA for developing new AI clusters. These efforts are significant but face skepticism about their impact on the company's core business.

Apple and OpenAI Partnership

Apple has lagged in the generative AI field, grappling with its own large language model. However, a potential partnership with OpenAI for GPT 4.0 could be the game-changer Apple needs. This partnership is said to bring interactive natural language and low latency features into Apple's devices, employing a hybrid approach between edge AI and on-device computing.

Kuaishou vs OpenAI: The AI Tool Competition

China's Kuaishou has launched an AI tool, Cling, to compete with OpenAI's Sora in creating high-quality videos from text prompts. The generated videos demonstrate the impressive realism and efficiency of the Cling AI tool in content creation. Initial feedback from users in China has been positive, positioning Cling as a strong competitor to established players like OpenAI.

AI Concerns: Misuse and Disinformation

Despite these technological advancements, the potential misuse and disinformation of advanced AI models loom ominously. The realism of AI-generated content can potentially be misused for propagating false information and creating credibility issues. Therefore, awareness and readiness become paramount for societal adoption and safe use of these advanced technologies.

Across the board, AI is transforming and laying the groundwork for the future. But this journey also poses a quintessential question: Are we ready to handle the repercussions ushered in by these transformational technologies? As we continue to progress in AI, ethical considerations must be at the forefront. After all, the best way to predict the future is to shape it responsibly.

Topics Covered in This Episode

1. Apple's upcoming AI developments
2. NVIDIA mnarket cap
3. New AI text-to-video tool
4. Elon Musk reallocating NVIDIA AI chips
5. Cisco's $1 billion investment into AI
6. U.S. Antitrust Big Tech Investigation

Podcast Transcript

Jordan Wilson [00:00:21]:
This week could be one of the most monumental or consequential weeks in AI in a long time. So we're expecting some potentially huge news from Apple in regards to its AI plans. We have federal regulations into some of the largest, companies in the world. And then we also have a potential Soarer competitor from OpenAI that is better than OpenAI's Soarer, and it's publicly available to some. Alright. We're gonna be talking about those things and a lot more today on everyday AI. This is your AI news that matters for the week of June 10th. So what's going on y'all? My name is Jordan Wilson, and I'm the host in Everyday AI.

Jordan Wilson [00:01:12]:
It's for you. This is your daily livestream podcast and free daily newsletter, helping us all keep up with what's going on in the world of generative AI. And it's actually more than just generative AI right now. It's actually how we all do business. AI is impacting us literally everywhere. So if you can't spend hours each and every day trying to scramble to see what's going on, this is the show for you, especially Mondays when we recap everything that's going on. So, as a reminder, if you're listening live, thank you for joining us. If you're on the podcast, as always, make sure to check out your show notes.

Jordan Wilson [00:01:47]:
So, we'll have a way to subscribe to our free daily newsletter in there as well as a little welcome gift for when you do subscribe. But, also, reach out to me. My LinkedIn's in there. Our email's in there. All that good stuff. So let's just get straight into it. Let's talk about all of these things that are going on in the world of AI news. So let's start at the top.

Jordan Wilson [00:02:08]:
Elon Musk is apparently diverting NVIDIA chips away from Tesla into some of his other companies. So Elon Musk confirmed that he is reallocating thousands of NVIDIA's very powerful GPU AI chips from Tesla to his other ventures such as XAI and X Corp. So, Musk did state that Tesla lacked the infrastructure to utilize the chips, which would have otherwise, he said, remained idle in a warehouse. So this diversion has caused a lot of delays in setting up Tesla's supercomputers, potentially impacting its AI projects and also rekindling some share shareholders' concerns about Musk's focus. So the diverted ships are reportedly part of Musk's plan to build the world's largest supercomputer in Memphis, Tennessee dubbed the Gigafactory of Compute. So this Memphis supercomputer project is expected to be the largest multibillion dollar investment ever in Memphis' history, pending some local improvement there, approval there. And the supercomputer is projected to open by the fall of 2025. Seems kind of aggressive to go from 0 to opening, in less than a year, but the initial phase phases of development are apparently going to be starting soon.

Jordan Wilson [00:03:29]:
So more about these chips. So Musk plans to acquire a 100,000 total h 100 GPUs from NVIDIA 4x AI by the end of 2024 with some, capacity coming online in June. Wild. Right? So this project is seen as a significant economic catalyst, for the region with details on job creation and total capital investments still pending. So let's cut through all the, the news bullet points here. Here's what's happening. Well, reportedly, Elon Musk wants a little bit more board control at Tesla. And if you haven't listened, to the Everyday AI Show before, we kinda took you into, a couple weeks ago, a little bit more on Elon Musk and Tesla in general.

Jordan Wilson [00:04:18]:
Right? So, yes, Elon Musk did take Tesla from a relatively unknown to a global auto and AI superpower. However, no other US company has lost as much market value in the last, two and a half, three years as Tesla has. So reportedly, Elon Musk wants more board control at Tesla, and it seems like maybe this, kind of yanking, GPU chips away from Tesla and sending it to XAI might be kind of this backhanded signal to Tesla and say, hey. I need more control here or else you're not gonna see these GPUs. So pretty interesting move here. Reportedly, Elon Musk kinda borrowing, some compute from one of his companies, which is the public company in Tesla, and handing it over to the private kind of more start up side, of his, kind of global empire in the XAI platform. So, pretty interesting. Alright.

Jordan Wilson [00:05:16]:
Next, speaking of interesting, NVIDIA briefly passed Apple and, became the fastest company ever to add $1,000,000,000,000 to its market cap. So let's let's talk. Yeah. We're getting stocks here, y'all. We're getting stocks here for Monday because this is this is pretty significant. So, NVIDIA briefly surpassed Apple, reaching a market cap of more than $3,000,000 on Friday, becoming the sec second most valuable public company. However, Apple, they they've been jostling back and forth since the market here opened Monday. But this, milestone achieved by NVIDIA, which I literally haven't heard anyone else talk about.

Jordan Wilson [00:06:03]:
This was some original, reporting by, ourselves here at Everyday AI. But, NVIDIA actually added $1,000,000,000,000 in market capitalization faster than any US company ever has. So let's talk a little bit more about NVIDIA, its stock, and kind of what's going on because there's a lot. So NVIDIA's stock price surged last week, and it did close Friday at about a $120 after a 10 for 1 stock split. So here's what that means because, yes, NVIDIA's stock was actually of more than $1200, come Friday, but they did a 10 for 1 stock split. So, essentially, what that means is it makes, buying in shares for new investors much more affordable. So let's say, as an example, last week or, you know, last year, you had 10 stocks of NVIDIA. So now if you purchase them before the stock split, you will have a 100.

Jordan Wilson [00:07:00]:
So each stock, technically, you know, is only worth 10% of its value previously. However, now if you were a shareholder before this stock split, you have 10 times the amount. So, generally, what this is made to do, it's it's to make, you know, investing in the stock much more affordable. So as NVIDIA's stock has more than tripled. Yes. That is not an exaggeration. It has more than tripled in the past year. So a lot of this came and I mean, just Nvidia's been crushing it, obviously.

Jordan Wilson [00:07:30]:
But, so Nvidia reported about $15,000,000,000 in net income on $26,000,000,000 in revenue last quarter. Jeez. Talk about the margins on that thing, highlighting some crazy strong profit margins. Also CEO, NVIDIA CEO, Jensen Huang, announced plans for a new AI chip platform called Rubin to be, unveiled in 2026, replacing the current Blackwell pro platform, which Blackwell is only, like, 3 months old, y'all. I was literally at the NVIDIA GTC sitting on the floor when they announced the Blackwell platform, and now that's apparently, you know, old news with this new Rubin, kind of GPU system coming out. So let's talk a little bit no more about this record breaking piece that no one's talking about. Literally, I haven't seen anyone else reporting on this. We did a little bit of original research here at Everyday AI.

Jordan Wilson [00:08:24]:
Hey. My background's a journalist, so I said, let's dig into this. Let's see this rate of growth from NVIDIA. So NVIDIA is like we talked about, it is just the 3rd American company to reach a $3,000,000,000,000 market cap following Apple and Microsoft who boast both accomplished, the feat. And like I said, especially Apple and NVIDIA, for the next week, they're gonna be going up and down, fighting back and forth for that number 2 position. Who knows? Maybe one of them will pass Microsoft at number 1. So very crazy kind of, pedestal of, you know, bronze, silver, and gold that we're probably gonna see this week and maybe next as well, with the top three most valuable companies here in the US. But I wanna talk about this.

Jordan Wilson [00:09:08]:
Adding $1,000,000,000,000 to a company's market capitalization or their market value is straight up nutty. This is more nutty than a bodybuilders cupboard when he's on keto. Right? So let's let's look at this here. Adding 1,000,000,000,000. So either going from 0 to 1,000,000,000,000, 1,000,000,000,000 to 2, or 2,000,000,000,000 to 3. Here's how long it took all of these companies that have done this before. So every single company that has added a $1,000,000,000,000 to its market cap, and here's how long it took. Ready? Apple, it took about 15 months.

Jordan Wilson [00:09:41]:
Amazon, took about 10 months. Microsoft, just under 2 years. And then Google or parent company, Alphabet, same thing, about 22 months. NVIDIA, 37 days. Why is no one talking about this? Nvidia literally added a $1,000,000,000,000 of market cap. So about, this was Friday, so, you know, you know, now it's been about 40 days. But in that 37 day period, they, were at a 2,000 or sorry, a $2,000,000,000,000 market cap. 37 to 37 days later, 3,000,000,000,000.

Jordan Wilson [00:10:21]:
Y'all, this is straight astronomical, literally never seen before out of NVIDIA. So some pretty impressive. When we talk about AI news, that matters. I mean, you can't go anywhere without talking about NVIDIA. Alright. Speaking of things that really matter, let's talk about this. It seems like OpenAI's Sora has a legit competitor before Sora has even been released to the public. So, Chinese company, Kuaishou, has launched a text to video AI tool named Cling, and it is aimed at competing with OpenAI's Sora.

Jordan Wilson [00:11:05]:
So Cling can generate 10 10 80p HD video with realistic motions and physical properties. So the tool is designed for content creators, marketers, and businesses looking to produce high quality video content pretty quickly. So Cling leverages advanced AI algorithms to create videos from just text prompts similar to how generative AI models produce text or images. So, Kuaishou aims to position Cling as a leading tool in the AI video generation marketing market challenging established players like OpenAI. So early feedback from Chinese users has been generally positive with many praising the tool's ease of use and output quality. So let's put this into perspective, y'all. So let's just talk about AI video in general. So when we saw about 6 months ago, OpenAI previewed its new text to video AI generation platform, SoRA.

Jordan Wilson [00:12:04]:
However, this has not been publicly available. So they've kind of restricted use, for Sora to, you know, some red teamers who are, you know, putting it through safety checks to some, very, high profile content creators, to some, filmmakers, etcetera. We've reported on the show last week. Ashton Kutcher, got early access to Soarer. So, presumably, OpenAI over the last 6 months has have been, improving the model, hopefully making it safer for public use. Also, the cost of compute is going down. Right? Like, literally, OpenAI is getting hand delivered, GPU chips, from NVIDIA. Right? So OpenAI has kind of been not sitting on this, SOAR technology, but they've kind of been sitting on it, which I actually think is a good thing, because unlike, you you know, text to photo and and some other, pieces, Text to video, if it's done very well, people might not know it's fake, which is actually extremely problematic.

Jordan Wilson [00:13:09]:
So we talked about this on the show last week, kind of this the concept of society in general understanding Photoshopping. Right? And, you you know, kind of how Photoshop just became a verb. Right? Or, you know, oh, that was photoshopped or you're gonna Photoshop this. Right? So that means adding things that weren't there into an image. So I think as society kind of got used to this over 10, 20 years. Right? And people can understand that something is photoshopped. Right? It comes up all the time in court cases. Right? Like, oh, this is photoshopped.

Jordan Wilson [00:13:40]:
Right? And then people have to investigate if it was photoshopped. So now we are going to see something similar with AI video. However, if I'm being honest, I know this isn't hot take Tuesday. This is the news that matters this week, but I don't think society is ready for AI technology that is this good, this advanced when we talk about OpenAI, Soera, and reportedly now, this Cling. Alright? So let's let's go ahead and take a look at Cling. Alright? And, hey, if you are joining us, on the live stream double dipping today, let's go ahead and take a look. Alright. So this is a prompt.

Jordan Wilson [00:14:20]:
And, again, let me put this out there. I do not have access to Cling. People in the US do not have access to Cling. Right now, reportedly, it is only people who have a Chinese phone number. They have to verify that, and then they can access the Cling app. Alright. So I'm putting that out there. And everything that I'm sharing, other people are sharing generations on Twitter and other platforms.

Jordan Wilson [00:14:42]:
So can't individually verify any of these. Right? But these are they do have the kind of Cling watermark. So, presumably, these are probably from, this this new AI, you know, video generator, which I think is gonna be a competitor to Sora. So, I'm gonna go ahead and, read these for our livestream audience. And if you are joining on the podcast, make sure to check out your show notes, so you can go take, take a look at these as well. So this is from the user, angry Tom tweets. So thanks, angry Tom, for, collecting some of these better cling, these cling generations. So let's read the prompt.

Jordan Wilson [00:15:22]:
So the prompt here on this one is a Chinese man sits at a table and eats noodles with chopsticks. Alright. So let's just go ahead and play that and take a look at this. So there's no audio on this, but, you know, here, this man is using chopsticks and eating noodles. Alright. So let me just go ahead and say this. If you're if you're on the podcast, this is freaking unbelievable. This if this is if this is real, right, again, we haven't been able to verify this, this is extremely impressive.

Jordan Wilson [00:15:56]:
And I know this might be kinda gross to watch if you are watching this, you know, on LinkedIn or YouTube or Twitter. But, I mean, I'm I'm kind of scrubbing through, and I'm slowing this down because the details on this are unbelievable. As in, I don't even know if I can believe this is real. I think it is, but I'm not sure. So, again, you have this man, details impeccable. Right? So he has his kind of sleeves rolled up. He's holding the chopsticks. I I can't use chopsticks to save my life, but, apparently, this is looks like great chopstick form.

Jordan Wilson [00:16:30]:
And then you have these noodles, individual noodles moving in their own direction, twirling as he puts them in his mouth. Wild. Puts them in his mouth, kind of slurps them up. I know. Kinda kinda gross if you're watching this live to you know, it's like, hey. Chew with your mouth closed, AI generated video from Cling. And then he just kinda slurps up the noodle. It looks so real.

Jordan Wilson [00:16:55]:
I don't know if this is real. Apparently, it is. Alright. Let's look at, 2 other quick ones. So, this next generation here, the prompt is traveling by train viewing all sorts of landscapes you you know, a prompt engineering expert, apparently. Very simple natural language prompt. And let's look at some of these generations. So this does look more of something that might come from an iPhone.

Jordan Wilson [00:17:26]:
I think on this one, as I'm looking at it frame by frame, I can tell this one is AI generated, probably because there's a lot going on, and it's almost like we're changing seasons. So there's a lot of, like, you know, very colorful foliage. It looks like some fall, you know, colors. You have some bright oranges, and then we're going through it looks like a maybe a cornfield. I'm not sure. But this one, I think you can tell if you look at it slowly enough. There's some artifacts, and, obviously, it's changing seasons in real time. Right? So we kind of go from fall here straight to a winter scene.

Jordan Wilson [00:18:01]:
But this one, if I'm being honest, I mean, unless you're looking at it very detailed, aside from the fact that it's changing, you know, from fall to, to winter, and then I think later here, it kind of changes more to a a summer vibe here, at the beach. I mean, aside from the changing of seasons and some slight artifacts, this also looks fairly real. Right? It looks like something that someone took with their iPhone. It looks extremely impressive. Alright? Let's just look at one last generation because it seemed like a lot of the, the previews that were being shared online had to do with animals. Right? It's like, oh, you know, here's animal Grand Prix. Right? When I look at these AI videos or even AI images, all of these things, I'm not looking at, like, fun, cute use cases. I'm looking at the potential for misuse.

Jordan Wilson [00:19:00]:
Right? That's ultimately what I think is important. Right? All of these, you know, AI software, AI tools, companies, you know, these unicorns raising 1,000,000,000 of dollars, they kinda hook you in with this cutesy marketing and, like, oh, look at what this animal can do. But it's like, okay. What about potential for misuse, potential for disinformation? Which I think is probably one of the reasons that OpenAI and Sora did not release their model before the election here in the US that we have coming up here in about 5 months. I'm hoping they don't release this, both Cling in the US or Saurabh in the US until after the election because I think most people, this is gonna fool, if I'm being honest. Right? Which it's crazy to think about. Yeah. I'm gonna go on a little side rant here.

Jordan Wilson [00:19:44]:
I know this is the AI news that matters, but this matters to talk about this. So, you know, even if you think of, like, Midjourney. Right? And think of, you know, or DALL E 2 or the first versions of of all these AI image generators. Right? So mid mid journey v 2, v 3, v 4. Right? They didn't look real. The text to image did not look real. Now with, you know, 6.2, I think is what we're on, looks incredibly real. So to me, it's mind boggling that the video technology is so quick.

Jordan Wilson [00:20:12]:
And right now, at least what we're seeing with Sora and what we're seeing with Cling is light years ahead of what's available to everyone else commercially in, you know, outside of China, right, which is Runway and Pika Labs. So if we're looking at these examples from Cling and the examples that we've seen shared from OpenAI Soarra, they're light years ahead. Right? So if we're talking about what's available to every single person in the world aside from China, you can tell. It doesn't look super real. This does. Alright. So we're gonna show this one last generation. Again, if you're on the podcast, make sure, number 1, subscribe to our newsletter.

Jordan Wilson [00:20:51]:
But number 2, we're gonna be leaving, the link so you can go check this out. So the prompt here, I'm just reading this verbatim, it is, a Chinese boy wearing glasses enjoys a delicious cheeseburger with his eyes closed in a fast food restaurant. Alright. So let's go ahead and watch this one. Alright. So again, I know. Sorry, livestream audience. This is kinda gross.

Jordan Wilson [00:21:15]:
Right? Because we're just seeing food flying in and out of people's mouths. But I wanna call out the details here. So, again, here's here's this little boy, you know, eating a a cheeseburger in a fast food restaurant. So a couple things I wanna call out. Because when we talk about AI, it is so important that we know what's real and what's not in its societal impacts. Right? And as someone that talks about AI every single day, as someone that interviews people, as someone that reads about it, as someone that's used 100, of AI tools just in this year alone, This to me is concerning because of how good it is. Right? So we see this boy eating this, this cheeseburger, and it is wild. Right? It's it's it's these, you know, these sesame seeds on top of the bun.

Jordan Wilson [00:22:05]:
They all move in unison. Nothing's wrong here. I'm scrubbing. You know, this boy has a clean face. He he jumps into this burger. The the indent of the burger is exactly the shape and size of his mouth as he moves it away. Right? His cheeks get full from presumably pushing the food into his cheeks. You you know, spill some condiments on the side of his mouth.

Jordan Wilson [00:22:29]:
This is wild. Is the I I don't know y'all. Is this is this real? Right? People are sharing these generations. This is one of those things. And this is why I'm going on a little bit of a of a side tangent here on our AI news that matters episode because this matters. We have to think about it. We have to say, what are the implications when the rest of the world has this? Or is maybe this, cling, software going to only live and stay, to for, residents who live in China and can verify with the Chinese phone number. So we'll see.

Jordan Wilson [00:23:04]:
But regardless, it is equally exciting and extremely concerning at how good that is. So, again, to recap, OpenAI, OpenAI's Sora, which is not publicly released yet, and, this this new one here from Kuaishou called Cling are leaps and bounds ahead of everyone else. Cling is, reportedly not available to anyone unless you have a Chinese phone number. It can verify that, but then it does appear to be publicly available. So, again, this is just a couple days old. So we'll be hearing, I'm sure, more and more, stories probably about how people are gonna get fooled, you know, as people start using this. Because we gotta talk about disinformation and misinformation, with these tools because I don't think 99.5 percent of society is going to be able to tell the difference. Again, I was looking at the details.

Jordan Wilson [00:23:58]:
You can always talk about, like, the fingers. Right? The fingers here are impeccable. Right? This this kid eating the cheeseburger, all his fingers are there. Right? So sometimes, you know, in the early days, it's it's it's kind of funny. You had the Will Smith eating spaghetti, the infamous, kind of like, oh, AI is not gonna take our jobs. Look. You know, Will Smith has 9 fingers and 3 arms, and the spaghetti is turning into his hair. This is not it.

Jordan Wilson [00:24:24]:
This kid, you know, his fingers, there's, jeez, is is wrinkles around the knuckles. Like, it is concerning how good this is, if I'm being honest. Alright? So let's let's keep going, with more AI news that matters. So our next piece of AI news, some big tech AI companies are reportedly in some big trouble or maybe potential trouble. We'll see if it amounts to anything. So, the DOJ and the FTC, so the Department of Justice and the Federal Trade Commission here in the US, are investigating potential antitrust violations by Microsoft OpenAI and NVIDIA. Again, this is according to reports, and these are just potential violations. However, let's talk about what's going on here.

Jordan Wilson [00:25:15]:
So the DOJ will lead the inquiry into NVIDIA while the FTC will scrutinize Microsoft and OpenAI's practices. So investigations are going to focus on market dominance, data collection practices, and potential unfair advantages in the AI sector. So the FTC is particularly interested in Microsoft's $13,000,000,000 investment in OpenAI and its implications for competition. On top of that OpenAI partnership, for Microsoft, you also have the FTC pretty, looking into Microsoft's $650,000,000 deal with Inflexion AI for potential antitrust violations as Microsoft's kind of, acqui hire or acquisition, whatever you wanna say, included hiring key inflection AI personnel and gaining technology rights. So, reportedly, it was kind of a way to sideskirt, you know, Microsoft essentially just created a new branch, of its company and brought in just some of the key players and key technology from Inflection AI, which was probably a, top 5, maybe top 7, kind of player in the, large language model in generative AI game before they acquihired them. I'm not even sure if it was an acquisition, a hiring, you know, not sure. I guess that's why the, you know, the the federal regulators are investigating. So, the FTC's Microsoft investigation on that end will focus on whether the deal was structured to avoid mandatory antitrust reviews.

Jordan Wilson [00:26:52]:
So, yeah, at a certain level, you know, the government has to get involved to make sure that everything is, on the up and up. And then on the other side with NVIDIA, well, NVIDIA's dominant position in the AI chip manufacturing, has caught the attention of the Department of Justice with NVIDIA reportedly controlling more than 80% of the market share, which is wild when you have so many companies investing 1,000,000,000 and 1,000,000,000 of dollars and no one can catch or touch or even get close to NVIDIA. So, regulators are concerned about the potential monopolization of the AI industry by a few dominant firms. The FTC has been investigating OpenAI's data collection practices since 2023, aiming to determine if the company has caused harm and disseminated false information. Hey. My 2¢, this isn't hot take Tuesday. This is the news recap, but I don't know. Is it Microsoft and OpenAI and NVIDIA's fault that they were so far ahead of everyone else and their competitors aren't doing the best job? I don't know.

Jordan Wilson [00:27:56]:
I mean, the amount of money that anthropic has raised and the cloud the anthropic cloud, it's good. Right? It's not great. It's the same thing. Google. Google you know, Google's original technology led to the transformers, which which led to GPT technology. And Google is so far behind with its Gemini large language model, if I'm being honest. Right? So I don't know. And and and with NVIDIA, right, you literally have their competitors teaming up against them, joining forces for different initiatives to try to catch NVIDIA.

Jordan Wilson [00:28:29]:
So, you know, there's there's been some famous stories from NVIDIA CEO Jensen Huang about he was just literally a half decade ahead of everyone else when it came to recognizing and prioritizing, the generative AI technology boom. Sure. Some of it, you know, people will point to, you know, NVIDIA was already a leader, you know, in the gaming, so their GPUs. Some people point to, you know, Bitcoin mining. So NVIDIA kind of already had a a lead in GPUs. But, you know, as generative AI came along, NVIDIA had just so much head start, and they had so much early investment into the generative AI technology, through their GPU chips that it's like, I don't know. Hey. As a casual outside, I wouldn't say I'm not well informed.

Jordan Wilson [00:29:18]:
I'm fairly well informed, but I don't know. Is it their fault? Is it Microsoft's fault that they were smart and invested in OpenAI early on? I don't know. I personally don't see anything really coming out of this aside from maybe some some large fines, but I don't really see anything, you know, in terms of official, you know, sanctions? I don't see anything. I don't see anything. I I see, you know, some fines, maybe, at most. But, hey, we'll see. That's why I don't, you know, make the news. I just report on it afterwards.

Jordan Wilson [00:29:54]:
Alright. Our next piece of AI news that matters. Cisco has a $1,000,000,000 investment in AI during their conference, and they're aiming to enhance their AI capabilities and infrastructure. So Cisco introduced its new Cisco Nexus Hybrid. Oh, gosh. This is a mouthful. Let's try it again. Cisco Nexus Hyperfabric AI clusters developed in collaboration with NVIDIA.

Jordan Wilson [00:30:20]:
That's a lot of words there. So despite these significant investments from Cisco and their new public, product announcements, they're stuck to not see significant gains. Right? That's what people are always looking at. Big announcement. What happens to their stock? So, analysts, have cited some skepticism about Cisco's AI strategy and its impact on the company's core business as the reasons for the market's lukewarm reaction. So Cisco is, though, aiming to position itself as an AI leader in networking solutions, targeting training, sorry, targeting data centers and enterprise customers. So we'll see if that pays off in the logon. Obviously, smart to partner up with NVIDIA.

Jordan Wilson [00:31:02]:
Right? If you can't beat them, join them, and, hit your wagon to the leading horse, the one that are almost like creating the generative AI technology, creating the software for it, and everything. Right? Yeah. NVIDIA's got a stranglehold on the industry. Alright. Speaking of companies that don't have a stranglehold on the industry, Apple. We're gonna be hearing some announcements. So we saved maybe our biggest piece of news for last and, you know, kind of how we started off the show. This, in theory, could be one of the biggest announcements in decades.

Jordan Wilson [00:31:41]:
So Apple is set to unveil its new AI features here in hours, with its, what it's calling Apple Intelligence. So they have their worldwide developer conference, so WWDC, starting here in a couple potential partnership between OpenAI and their new GPT 4 o model and Apple to bring smarter AI to Apple's hardware and software. Primarily, we're talking about, hopefully, a smarter Siri and smarter, kind of different applications within, Apple's OS ecosystem. So yeah. Y'all, I don't know if, if, if maybe it's just me, whenever I use like an Alexa or a Siri or something like that, I end up just banging my head. I am literally, I literally turn into that face palm emoji every single time. Like, my like, I was in the car with my wife last night. She had to try, like, 5 or 6 times to get Siri to do set, like, an alarm for something something simple.

Jordan Wilson [00:32:55]:
So, I think a lot of just the public at large is really waiting. Right? And the tech industry has also been sitting around and waiting at Apple like y'all. Y'all been sitting on the sidelines here for years, and let's let's call it for what it is. Apple's behind, which has always been part of their strategy. Right? Apple's never the first. You know, there's always a joke that, you know, Apple features that they announce are just whatever ends up working for, you know, Android or Microsoft or, you know, Google features, etcetera. So, hey, Apple is more than a year behind for many of their competitors. If if, if I'm being honest, I think a lot of people were probably expecting Apple last year at their WWDC conference to announce something on the generative AI side, but we haven't heard anything.

Jordan Wilson [00:33:42]:
So all we've heard in the past year is just different reporting on what Apple's actually working on. So there were some early reports that Apple was spending 1,000,000, this is last year, 1,000,000 of dollars a day developing its own internal large language model that some people were calling Ajax, some people were calling, you know, Apple GPT. But Apple did release via a research paper some finding on its own model, and it actually looked pretty good, right, for those, dorks like myself who read all of these large language model research papers. Yet in the coming months, it looked like Apple wasn't even going to be using, its own large language model that it previewed. So, apparently, it wasn't ready for the big time. So, you know, over the last kind of 6 months or at least up until May of 2024, You heard all these back and forth reports. You know? So it started with, oh, Apple's gonna be using its own model that they've spent, 1,000,000 of dollars a day to develop to oh, nope. They're gonna be with OpenAI, and then they said, nope.

Jordan Wilson [00:34:42]:
They're gonna be working with Google's Gemini model, and then they said, nope. It's gonna be Anthropic Squad. So the reporting has been, you know, flip flopping more than a bunch of frat boys at the beach in the summer. However, what it looks like now is and what it's looked like for a month is we will undoubtedly be seeing an OpenAI partnership announced in mere hours. So, yeah, even if you're listening to this on podcast, sorry, we try to bring this live to you every single day, but there is a chance that could already be announced. So we'll be updating our website. Don't worry. And our newsletter today will actually focus on the announcement.

Jordan Wilson [00:35:15]:
So we're gonna wait a little bit, but, presumably, we are going to see an OpenAI partnership. So what OpenAI announced last month at their spring event with the GPT 4 0 for Omni model that, really just it's seemingly some incredibly interactive natural language, low latency. So what we really wanted from Siri and Alexa many years ago, but to really be able to actually understand what you're saying, to respond back quickly, but to use your data. Right? So that's the key here and what Apple is shooting for. Again, Google has already announced this, with their, Project Astra, but it is not live. So we'll see what the actual timeline is. But if Apple follows their normal schedule, it will likely be released in September, in their new iOS or macOS update. So we'll see if this is just coming out to iPhones.

Jordan Wilson [00:36:11]:
We'll see if this is just, coming out to, you know, MacBook Computers. But presumably, it's gonna be coming out to 100 of millions of devices. So it should be interesting to see how Apple handles this. Maybe this is why they were waiting so long, because to go from 0 generative AI features built in, right, on, you know, MacBooks, iPhones, iPads, etcetera, to potentially rolling it out to 100 of millions of devices. That's a lot. So who knows? Maybe they've been doing a lot of, kind of resource allocation work on the back end preparing for this. But, you know, presumably, we're gonna see hundreds of millions of devices get generative AI, features and functionality. So, initial reporting has said that Apple is gonna use kind of a hybrid approach between edge AI, which is kind of on device edge, on device computing.

Jordan Wilson [00:37:03]:
So, I don't believe that all of these features are gonna be available. So if you have an older, you know, iPhone, like, I don't know, an iPhone 7 or 10 or 12, you might not have capabilities to all of these features. It seems like, kind of the ability to run edge AI or on device, AI is going to, you know, require a certain kind of, chip. Right? So Apple has their own silicone chips, the m 1, m 2, m 3, etcetera. So it's probably gonna require a certain level of chip to do some of this on device, but, reports are saying that Apple is gonna do, like, this hybrid approach. So some of the AI is going to happen on device on some of the newer models, and some of it's gonna happen in the cloud. So some of the new AI features that people are talking about is kind of, you know, it might be a slimmed down version of maybe what we've seen in Copilot and, kind of, Android operating systems and the Google phone. So, some AI generative AI and large language model integrations across different apps, which I think is gonna be something probably noteworthy.

Jordan Wilson [00:38:03]:
Right? So if you can talk to Siri and, you know, she might be able to grab information from both your, you know, your mail and your Safari and your text messages and be able to interact with it. So, other reporting is showing that you will be able to interact with this new smart Siri, inside of apps, which should be, pretty noteworthy, as well as, you know, just kind of these generative AI features that we've had in so many other, systems. So being able to use large language models, to create content inside of, you know, Pages, which is their Word doc, inside of Keynote, which is their PowerPoint, Xcode, their coding platform. So really just bringing these generative AI large language models features that the world has been using for the last 2 years. So Apple finally reportedly catching up again. We're gonna have more in our newsletter with the updates. In tomorrow's show, we're gonna be reflecting on all of that. So some pretty exciting announcements expected in mere hours from Apple at WWDC.

Jordan Wilson [00:39:06]:
And, again, make sure to go to your everydayai.com to sign up for that free daily newsletter. We will be recapping. Yeah. You might be listening to this on the podcast. It might be old news, but we're gonna have the update in our newsletter. So real quick, let's do a recap of the AI news that matters for June 10th, for the week of June 10th. So Elon Musk reportedly in, diverting NVIDIA chips meant for Tesla, to his other, kind of companies, x AI, for this new Gigafactory of compute. Also, Elon reportedly flexing his muscles and wanting a little more control, reportedly at Tesla.

Jordan Wilson [00:39:45]:
So saying, yep. Nope. These GPU chips are not going to Tesla. They're, going away from the public company, and they're gonna go to the private XAI. Then we have Nvidia, Nvidia briefly passing Apple to become the 2nd most valuable company by market cap. That's gonna be changing literally on probably an hourly basis, especially with Apple's announcement. And, also, they became the fastest company ever to add $1,000,000,000,000 in additional market cap here in the United States. Some original reporting, from everyday AI here.

Jordan Wilson [00:40:14]:
Then we saw a new AI video model in, Kuaishou Kuaishou's Cling. So the Chinese company, Kuaishou, released their Cling AI video generator, which is really going to, it looks like, be a direct competitor to OpenAI Sora, which is not publicly available. So this new Cling, we showed some examples. Make sure to check out the newsletter. We'll link to them. But so just light years, ahead of all the publicly available AI video tools such as Pika Labs and Runway. Next, we have the DoG investing, in the FTC here in the US, investigating Microsoft OpenAI and NVIDIA. Basically saying, do you have too much power? Do we have monopolies going on here? So federal regulators investigating there.

Jordan Wilson [00:40:56]:
Then we have Cisco's $1,000,000,000 AI investments at their conference that they announced, as well as a new partnership with NVIDIA. However, for whatever reason, analysts were not super impressed and their stock did not shoot up. Speaking of stock shooting up, our last piece of AI news, you gotta keep an eye on Apple today. In a matter of hours, we're gonna be hearing on this new, quote, unquote, Apple Intelligence. Yes. Apple is trying to change what AI even means. Artificial intelligence? No. Apple is saying it's Apple Intelligence.

Jordan Wilson [00:41:25]:
So we've been waiting for years to see what Apple, is announcing in terms of its AI. So we will hear today, June 20, sorry, June 10, 2024 at their WWDC conference, which goes for the next 4 days. But what is largely expected to grab all the headlines is Apple's partnership announcement with OpenAI's GPT 4 o technology and how they're going to integrate this large language model, generative AI, on device, Edge AI, across its potentially 100 of millions of devices that might get access to that. Alright. That is it, y'all. I hope this was helpful. If so, let someone know. Repost this.

Jordan Wilson [00:42:02]:
If you're listening on social media, we appreciate your support. If you're on the podcast, make sure to check out the show notes. We'd appreciate super appreciate you leaving us a review on Spotify or Apple if you find this helpful. We do this every single Monday, bringing you the AI news that matters, and then we have shows the rest of the week. So if you are brand new here, great to have you along. Check your show notes. Reach out. Always put, my personal LinkedIn and the email.

Jordan Wilson [00:42:26]:
Please reach out. Let us know what you're working on or if you need help on the generative AI side. And please go to your everydayai.com. Sign up for that free daily newsletter, and we'll see you back tomorrow and every day for more everyday AI. Thanks, y'all.

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