Good morning! Welcome to AI Trends, the newsletter that functions like your favorite mixologist, carefully crafting the perfect blend of AI, tech, and innovation news. We shake it, we stir it, and we serve it, and just like a flawless cocktail, all the elements are perfectly balanced.

Let's raise our glass to this week's news, bottoms up:

Biden Signs Executive Order to Boost and Secure AI 📜🔒

In a move that will undoubtedly redefine the global technological landscape, President Joe Biden has signed an executive order aimed at bolstering the potential of Artificial Intelligence (AI) in the U.S. and making it safer. It seems that the race for AI is not just about who develops it fastest or most powerfully, but who makes it safest.

The presidential action covers several fronts and takes into account the growing relevance of AI in our daily lives. As part of the order, companies developing AI technology will have to report critical information to the government, such as when they train a new model and the cybersecurity protections implemented. The aim is for entities, including those from nations competing with the United States, to report on their activity in order to better understand the distribution of advanced technology and its potential implications for security and economy.

🤖 Who would say that AIs would have more "security checks" than travelers at an airport?

No less interesting is the presidential mandate to assess how AI advancements could contribute to biological, chemical, or cyber attacks against critical infrastructures. Biden has also called on the U.S. Department of Energy to monitor these potential threats and keep national security intact.

In an effort to maintain the U.S.'s technological competitiveness, the order also seeks to foster domestic AI talent and attract international experts through new immigration policies. It seems the federal government has acknowledged that "talent is the biggest bottleneck" and is taking significant steps to address it.

Tesla Victorious in Fatal Autopilot Accident Jury Trial 🚗🏆

Ladies and gentlemen, buckle your seatbelts! Tesla, the leader in the electric car revolution, has emerged victorious in a jury trial in a fateful accident case related to its autopilot function. In a case that was ongoing since 2019, the company was accused of being responsible for an accident that resulted in the death of a driver, concluding with a claimed compensation of 400 million dollars. But the energy-efficient company managed to accelerate with tailwind, scoring another point in the autopilot litigation scoreboard.

To give some background, this showdown took place in the stormy waters of the California Superior Court in Riverside County, where Tesla faced accusations that its innovative Autopilot technology was faulty. During the trial, the company held firm in its argument that the fatal accident was the result of human error rather than a failure in its driver assistance software. Despite the intensity of the case, Tesla managed to flap its wings victoriously, defending its reputation and avoiding a massive hit to its economy.

🔋 Who said electric cars didn't have spark in court?

Despite this accomplishment, Tesla is not entirely on safe grounds. The company still faces similar lawsuits in California, with a pending case involving the family of Walter Huang, an Apple engineer who lost his life when his Tesla Model X with Autopilot collided with a highway barrier. In addition, both federal and state regulatory bodies are still keeping a close eye on the company in relation to Autopilot and its upgraded version, "Full Self-Driving."

But this judicial victory could be a good sign for the electric car giant. While Tesla has mountains yet to climb, it has proven it can push forward in an arena full of obstacles. However, the jury is still out in the grand scheme of things, and it remains to be seen how Tesla will overcome the upcoming challenges on the road to the autonomous driving revolution.

Rent Nvidia GPU with the New AWS Service for AI Projects in an Instant 💻💫

We hope you're ready for a dose of technology, because Amazon has launched an amazing new service. As more and more companies run large language models which require GPUs, selecting a long-term resource from a cloud provider for a single job may not be the most financially effective. That's something that Amazon has taken off its problem list with the new Amazon Web Services (AWS) service.

The new service, named Amazon Elastic Compute Cloud (EC2) Capacity Blocks for ML, allows customers to rent Nvidia GPUs for a given time period, typically to perform some AI-related task such as training a machine learning model or running an experiment with an existing model. Put in simple terms, it's an innovative way to schedule GPU instances, reserving the number of instances needed for a future date and for the required time.

🧠 Taking a dose of AI a day may not keep the doctor away, but it will surely keep your competition out of the game!

Playing with the metaphor of reserving a hotel room, this product gives customers the ability to sign up for the number of instances they need for a defined period of time. From the customer's perspective, they will know exactly how long the job will last, how many GPUs will be used and how much everything will cost from the beginning, providing cost certainty.

For Amazon, this means that they will be able to put these highly-demanded resources to work in an almost auction-type environment, guaranteeing revenue as long as customers turn to them, of course. The prices for these instances will vary dynamically, depending on supply and demand.

AI Bites 🍪

China’s tech vice minister calls for ‘equal rights’ at global AI summit in UK. Despite the ongoing technological decoupling between China and the West, both sides are converging to discuss the threat that runaway artificial intelligence may pose to humanity.

OpenAI considers in-house chip manufacturing amid global shortage. The company behind the renowned ChatGPT, is reportedly delving into the prospect of manufacturing processing chips in-house amidst a worldwide shortage of these in-demand components.

Microsoft and Siemens revolutionise industry with AI-powered Copilot. Microsoft and Siemens are joining forces to usher in a new era of human-machine collaboration.

Watch this, thank me later... 👀

General Motors has had its self-driving license suspended in San Francisco after quite a dystopian moment. A robotaxi was driving along when a pedestrian was hit by a person driving a car, which threw her into the path of the robotaxi.

The driverless car tried to pull over nearby but ended up dragging the person around 20 feet as it did so. The woman was transported to hospital by emergency responders and the human driver has not been caught as yet 👇

^{The content of this newsletter is for educational and informational purposes only and should not be construed as financial advice. Conduct your own research or consult a financial professional before making investment decisions.}