- CO/AI
- Posts
- Banks Rush to Integrate AI 🟢
Banks Rush to Integrate AI 🟢
JPMorgan Chase, Morgan Stanley, and Royal Bank of Canada have announced rollouts of AI tools for their employees
Today in AI
News roundup
Today’s big story
AI research changing the world
Tool spotlight
This week on the podcast
News roundup
The top stories in AI today.
NEW LAUNCHES
The latest features & products in AI innovation.
FUTURE OF WORK
Jobs are changing — are you?
MODELS
Deployment, research, training, infrastructure
GOVERNMENT
Press releases, regulation, defense & politics.
ENERGY & INFRASTRUCTURE
Power usage, data centers & innovation
AI Data Centers Fuel Surprising Revival of US Fossil Fuel Infrastructure
AI’s Surging Energy Demand is Prompting a Revival in Nuclear Power Interest
Three Mile Island Nuclear Plant Re-Opens to Power Microsoft AI
How NVIDIA is Enabling Customers to Achieve Significant Energy Savings
California Government Makes Big Push for Gen AI Public-Private Partnerships
THE MONEY FLOWS
Economics, Wall Street, investing & fundraising
What’s happening in AI right now
AI's energy demand sparks nuclear renaissance
The insatiable energy demands of artificial intelligence are reshaping America's power landscape, breathing new life into both fossil fuels and nuclear energy. This week, a series of developments highlighted the complex interplay between technological progress and environmental concerns, as the tech industry grapples with powering its AI ambitions while striving for sustainability.
Nuclear power: from Three Mile Island to AI's new frontier
In a move that signals a dramatic shift in the energy sector, Microsoft and Constellation Energy announced plans to reopen the Three Mile Island nuclear plant in Pennsylvania. The plant, infamous for its 1979 partial meltdown, will be renamed the Crane Clean Energy Center and dedicated to powering AI data centers. This 20-year, 835-megawatt deal is more than just a single transaction; it represents a broader trend of tech giants turning to nuclear power as a reliable, carbon-free energy source for their burgeoning AI operations.
The revival of Three Mile Island is not an isolated incident. Across the tech industry, companies are investing in nuclear power and fusion start-ups, recognizing the potential of atomic energy to meet their growing electricity needs while aligning with environmental goals. This resurgence of interest in nuclear power could accelerate the transition to carbon-free electricity generation, potentially reshaping America's energy infrastructure.
The fossil fuel paradox
While the tech industry's pivot towards nuclear energy is promising from a climate perspective, the AI boom is simultaneously fueling a surprising revival of fossil fuel infrastructure. Power companies are announcing plans to construct new natural gas facilities at twice the rate seen in 2020, with more than 200 gas projects currently in development across the country.
This expansion of gas infrastructure presents a paradox: while it meets immediate energy demands, it potentially undermines long-term efforts to achieve a carbon-neutral future. The energy industry argues that natural gas serves as a necessary bridge fuel, providing reliability to the grid. However, environmental advocates warn that this resurgence could lock in polluting energy sources for decades to come, jeopardizing climate goals.
Nvidia's green computing revolution
Amidst these conflicting trends, some tech companies are doubling down on energy efficiency. NVIDIA, a leader in AI chip technology, is spearheading efforts to make computing more sustainable. The company's platform has become 45,000 times more energy efficient for AI processing over the past eight years, demonstrating the potential for technological innovation to mitigate energy consumption.
NVIDIA's initiatives extend beyond its own operations, with the company fostering an ecosystem focused on sustainability. From manufacturing to healthcare, NVIDIA's AI and accelerated computing technologies are enabling significant energy savings across various industries. Foxconn, for instance, estimates 30% annual energy savings using AI and digital twin technology.
We publish daily research, playbooks, and deep industry data breakdowns. Learn More Here
🦾 Master AI & ChatGPT for FREE in just 3 hours 🤯
1 Million+ people have attended, and are RAVING about this AI Workshop.
Don’t believe us? Attend it for free and see it for yourself.
Highly Recommended: 🚀
Join this 3-hour Power-Packed Masterclass worth $399 for absolutely free and learn 20+ AI tools to become 10x better & faster at what you do
🗓️ Tomorrow | ⏱️ 10 AM EST
In this Masterclass, you’ll learn how to:
🚀 Do quick excel analysis & make AI-powered PPTs
🚀 Build your own personal AI assistant to save 10+ hours
🚀 Become an expert at prompting & learn 20+ AI tools
🚀 Research faster & make your life a lot simpler & more…
AI research changing the world
The latest breakthroughs and most pivotal papers — broken down in language anyone can understand.
Unlocking the potential of AI using language agent tree search
In the digital age, the quest for AI that can autonomously solve complex problems has taken a significant leap forward. The University of Illinois Urbana-Champaign and Lapis Labs have unveiled a pioneering framework, Language Agent Tree Search (LATS), that empowers language models to not only reason but also act and plan with unprecedented effectiveness. This innovation could redefine how businesses leverage AI, transforming everything from customer service to strategic planning. Imagine a world where AI can navigate a website to find the perfect product, or craft code to solve a programming challenge. LATS brings this vision closer to reality by integrating reasoning, acting, and planning into a cohesive system. It's a breakthrough that could streamline decision-making processes in various industries, from e-commerce to software development.
The research reveals that LATS significantly outperforms existing methods. In the complex environment of online shopping, LATS achieved an average score of 75.9, comparable to human experts, and surpassed traditional reinforcement learning techniques. In programming tasks, it set a new benchmark with a 92.7% pass rate on the HumanEval dataset using GPT-4. These results underscore the framework's ability to enhance decision-making while maintaining competitive reasoning performance. LATS represents a paradigm shift by incorporating external feedback and self-reflection, enabling language models to learn from experience. This adaptability is crucial for tackling multifaceted problems and adapting to dynamic environments. For instance, in web navigation, LATS can iteratively refine its strategy based on feedback, navigating a website to complete a purchase that meets specific user requirements.
The AI tool we’re loving right now
The best way to get AI literate? Try the tools!
BigVu
There’s no way around it — being a content creator, influencer or business leader these days requires publishing high-quality video content. That’s why BigVu is such a powerful tool. BigVu uses the power of AI to allow you traverse the entire lifecycle of video creation and publishing with some very cool features:
Eye contact correction
Subtitle & caption generation
Video-to-text transcription
Script generation
Teleprompter
AI voice changing & cloning
Background music generator
Post Scheduler
Landing page generator
And much more
The best part? CO/AI subscribers get access to a special discount when they sign up using the link below. Use our promo code MEHFIN63 at checkout to receive $20 off when you subscribe.
Want to learn how to use BigVu? Check out our tutorial here.
This week on the podcast
Can’t get enough of our newsletter? Check out our podcast Future-Proof.
In this episode Anthony, Shane, and Elizabeth discuss the transformative impact of AI on sales processes and e-commerce. The conversation highlights the competitive edge that AI-native companies have over traditional businesses, the evolving landscape of customer interactions, and the potential for AI to streamline workflows and enhance personalization at the same time.
How'd you like today's issue?Have any feedback to help us improve? We'd love to hear it! |
Reply