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SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture

Pivot 5: 5 stories. 5 minutes a day. 5 days a week.

1. SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture

SoftBank founder Masayoshi Son is seeking $100 billion to build a new AI chip venture, code-named Izanagi, to compete with Nvidia in the AI chip market. The new venture would collaborate with Arm, the chip design company that SoftBank spun out as a public company last year.

The company plans to tap Middle East-based institutional investors for about $70 billion of the $100 billion sum, with SoftBank footing the remaining $30 billion itself. The Izanagi project aligns with SoftBank's new focus on AI, shifting from its early investment in Alibaba to AI.

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2. Scientists propose hacking viruses to fight climate change

Scientists are using AI modeling and genome sequencing to identify viruses that can help mitigate climate change by trapping carbon in seawater and stopping methane from leaking from melting permafrost.

The team is looking for viruses that can either "dial up" or "dial down" the release of pollutants. The goal is to engineer microbiomes towards useful solutions, potentially impacting burn injuries and babies born to HIV-positive mothers.

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3. Google Open Sources Magika: AI-Powered File Identification Tool

Google is open-sourcing Magika, an AI-powered tool for identifying file types, to help defenders accurately detect binary and textual file types. Magika outperforms conventional methods, providing a 30% accuracy boost and up to 95% higher precision on problematic content like VBA, JavaScript, and Powershell.

The software uses a custom, highly optimized deep-learning model and implements inference functions using the Open Neural Network Exchange. Google internally uses Magika at scale to improve user safety by routing Gmail, Drive, and Safe Browsing files to the appropriate security and content policy scanners.

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4. Nvidia provides the first public view of its fastest AI supercomputer

Nvidia has released a video revealing the architecture of its latest enterprise-oriented supercomputer, Eos, which is designed for advanced AI development at the datacenter scale. Eos is currently used by Nvidia and ranks as the world's 9th highest-performing supercomputer in the latest Top 500 list.

It is equipped with 576 DGX H100 systems, each containing eight Nvidia H100 GPUs for AI and high-performance computing workloads. The system also features powerful software for AI development and deployment, addressing various applications.

Read the full story here 

5. AI-generated Putin asks Putin about his rumoured body doubles

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