Driven by AI's insatiable energy demands, data centers' electricity consumption is projected to double by 2030, with the US, Europe, and China accounting for 85% of current energy guzzling.
As AI's electricity demands skyrocket with data centers requiring immense power akin to five Hoover Dams, nuclear energy gains traction as a reliable 24/7 source for powering AI's voracious computational needs.
MongoDB Atlas introduces Vector Search, enabling AI and knowledge base integration by storing embeddings and vectors, setting up Galileo for observability, and utilizing MongoDB credentials, vector stores, and Galileo callbacks for hybrid search and AI workloads.
reMarkable embraces Salesforce's unified platform, including Slack and Agentforce, launching a virtual agent 'Mark' that handles over 25,000 customer conversations and resolves 35% of inquiries, while planning to expand its 'agent-first enterprise strategy' for commerce, sales, marketing, and product adoption.
Google is introducing a $13 million AI Opportunity Fund to help prepare over 2 million Canadians for an AI-powered future through training and skills development initiatives across the country, fostering a strong AI workforce.
President Trump's $500 billion Stargate Initiative aims to streamline regulations, promote AI innovation, integrate renewable energy, and maintain global AI leadership and national security, positioning companies aligned with these goals for a competitive advantage.
Nvidia's CEO praises the talent of Chinese AI researchers, warning that overly restrictive US policies like export controls on AI chips could hinder America's ability to lead in AI development amidst healthy global competition.
Nvidia's CEO Jensen Huang asserts China matches the U.S. in AI capabilities, praising Huawei as formidable, and urges the U.S. government to prioritize AI policies to accelerate technological development and maintain competitiveness.
While China has surged ahead in deep tech innovation like AI and semiconductors due to its manufacturing prowess and heavy R&D investment, India is now playing catch-up by increasing funding and policy support for AI and domestic chip manufacturing initiatives.
In a historic shift, SK Hynix has dethroned Samsung as the world's top DRAM vendor, capturing 36% of global sales in Q1 2023, fueled by strong demand for its high-bandwidth AI chips from Nvidia, ending Samsung's 30-year reign.