👊 Intel beating Nvidia with faster AI chip?

JOB BOARD | PRO | PODCAST | TOOLS | ACCREDITATIONS

Welcome to AI Tool Report!

Wednesday’s top story: Intel is threatening to knock NVIDIA off its spot at the top of the AI chip manufacturing ladder, with the arrival of its new chip—Gaudi 3—which is reportedly 50% faster than NVIDIAs landmark AI chip.

🌤️ This Morning on AI Tool Report

👊 Has Intel beaten NVIDIA with 50% faster AI chip?
👠 eBay launches AI fashion tool
👂 Google’s Gemini Pro 1.5 can hear!
🗣️ Gmail gets voice prompts

Read Time: 5 minutes

FINANCE

AI CHIPS

👊 Has Intel beaten NVIDIA with 50% faster AI chip?

Our Report: Intel has unveiled its latest AI chip—Gaudi 3—which is a direct rival to NVIDIA’s most popular AI chip (the H100) which currently powers AI applications for some of the biggest tech companies, including Google and Microsoft.

🔑 Key Points:

Having tested Gaudi 3 on models like Meta’s open-source Llama, Intel claims it’s 40% more power-efficient, 50% faster, and uses less power than NVIDIA’s H100 chips.
Gaudi 3 will be available in the third quarter of this year, with several companies—including Dell—already confirming that they will use them to build AI systems.
Gaudi 3 will give hyper-scalers—like Microsoft, Google, and Meta—an alternative option to reduce their reliance on one, single source to power their AI systems.

🤨 Why you should care: The launch of Gaudi 3 comes at a critical time for Intel as it announced a $7B operating loss in 2023 and its stock is currently down by 25%, whereas its rivals NVIDIA and AMD are up by 15% and 74%, retrospectively.

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RETAIL

👠 eBay launches AI fashion tool

eBay has launched a fashion AI feature called “Shop the Look” which shows ideas and personalized shopping suggestions based on a customer's purchasing history.
The recommendations will continue to evolve the more the customer shops and they will reveal similar items and outfit inspirations that match the customer's style.
Initially, “Shop the Look” will only be available on iOS devices for US and UK shoppers who have viewed 10+ fashion items over the past 6 months, with Android support coming soon.

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LARGE LANGUAGE MODELS

👂 Google’s Gemini Pro 1.5 can hear!

Google has announced that Gemini 1.5 Pro can listen to uploaded audio files from calls and videos and turn information into summaries, reports, or other written formats.
Reports claim that Gemini 1.5 Pro can process 1 hour of video, 11 hours of audio, and over 700,000 words, making it 87% more powerful than its predecessor, Gemini 1.0 Pro.
Gemini 1.5 Pro—which already surpasses Gemini Ultra (its biggest model) in performance—is available for public preview through its AI application builder platform, Vertex AI.

VOICE-TO-TEXT

🗣️ Gmail gets voice prompts

Google has announced that its Gmail’s ‘Help Me Write’ feature (which drafts emails from text prompts) is getting voice prompts so users can dictate rather than type their prompts.
‘Help Me Write’ is also getting a feature that will auto-refine draft emails—completing sentences, correcting spellings, and fixing errors—creating structured, sendable emails.
Although these features are only available to Google Workspace users, it’s expected that Google will integrate them into the regular version of Gmail within the next year.

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