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Midweek Update: A Packed Agenda Ahead. Nvidia is set to release its earnings today, potentially reaffirming its role as the S&P 500's stabilizer in recent months. Additionally, we share the growing AI talent demand with detailed insights and analyze differing perspectives among AI tech executives on regulating this transformative technology.

• 📰 News and Trends.

• Can Nvidia Sustain Its Rapid Growth? Upcoming Earnings to Set the Tone.

• How BIG is The Demand for AI Talent?

• Predicting a Lifetime of Technology Interaction for Today's Newborns.

• 🧰 AI Tools (Sales III)

• Are All AI Behemoths into Regulating this Tech?

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📰 AI News and Trends

• Meet the 10 AI chipmakers pulling in the most VC cash (Pitchbook)

• OpenAI to Enhance ChatGPT and GPT-4 with 'Strawberry' Update Featuring Advanced Math and Programming Capabilities (AA)

• Klarna to halve workforce. “AI lets us cut thousands of jobs - but pay more.” (BBC)

• Police officers are starting to use AI chatbots to write crime reports. Will they hold up in court? (AP)

• Anthropic has made Artifacts generally available, including on mobile (Claude)

🌐 Other Tech news

• Cellular Starlink Will Offer Free Emergency Service to All Phones (PCMag)

• The Summer Is So Hot, Workers Are Wearing High-Tech Ice Packs (WSJ)

• Boom Supersonic's Airplane XB-1 Demonstrator Advances with Successful Landing Gear Test and Roll Damping (TheRegister)

• X is testing a video conferencing tool to compete with Zoom (TC)

• Telegram’s Loudest Defender: The Global Crypto Industry (NYT)

• Chinese government hackers penetrate U.S. internet providers to spy (WP)

• Britain unlike America or Europe, is welcoming cheap EV cars (Economist)

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Can Nvidia Sustain Its Rapid Growth? Upcoming Earnings to Set the Tone.

Nvidia's upcoming earnings report, which will be today Wednesday, August 28th at 5 PM EDT is highly anticipated as it follows a significant rally in its stock, which contributed to the S&P 500's $4 trillion recovery. The chipmaker, pivotal in the AI sector, holds substantial influence in major equity indexes, including a 6.7% stake in the S&P 500. With its shares expected to fluctuate by nearly 10% post-earnings, investors are keenly watching for updates, especially regarding the next-generation Blackwell chip amid concerns about potential delays and design flaws. Nvidia's revenue for the quarter is expected to hit around $29 billion, doubling year-over-year figures, with a keen focus on guidance for future sales amidst the broader context of AI spending sustainability and economic implications.

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How BIG is The Demand for AI Talent?

Great share by Altiam Kabir.

Predicting a Lifetime of Technology Interaction for Today's Newborns.

In a fascinating exploration of technological integration into everyday life, a recent article delves into how children born today will grow alongside intelligent digital agents.

These agents, evolving from mere tools to intimate companions, are predicted to profoundly impact various aspects of life—from education and driving to personal interactions and domestic living. The future envisions AI not only enhancing learning through augmented reality and personalized instruction but also transforming homes into responsive environments that adapt to individual needs without explicit commands.

The relationship with technology is poised to deepen, with AI systems potentially becoming lifelong companions that shape personal, professional, and social experiences. As these children mature, their interactions with technology will likely redefine the human experience, blurring the lines between digital and physical realities.

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Are All AI Behemoths into Regulating this Tech?

OpenAI, Adobe, and Microsoft have endorsed a California bill, AB 3211, which mandates that AI-generated content like photos, videos, and audio must have watermarks in their metadata for identification. The bill also requires prominent labeling of such content on major platforms, ensuring clarity for average users. The support from these companies, members of the Coalition for Content Provenance and Authenticity, marks a shift from their previous stance when a trade group representing them had labeled the bill as "unworkable."

In related news, Elon Musk has expressed support for another California bill, SB 1047, which aims to enforce safety measures on large AI models to prevent potential harm. Musk's backing is notable given his previous warnings about AI risks and despite his company, xAI, being affected by this regulation. This comes as OpenAI opposes SB 1047, favoring a different legislative approach.