Nvidia Grace, Nuance, AI Utopia & more on this week's newsletter

Top AI stories of the week

Last month we invited nomination from organizations in India for our annual ranking of 50 Best Firms In India For Data Scientists To Work For – 2021.
We received 143 nominations. The ranking of the top 50 companies is now ready and we are publishing it tomorrow at 10 am.

Also, our first annual data science education fair - SKILLUP 2021, is scheduled coming week and we are super excited and all geared up to host more than 4000 data science learners and aspirants to the virtual conference. 


1

Did NVIDIA Bite More Than It Can Chew?

At the 2021 GTC event, chip giant NVIDIA unveiled its first server microprocessors, aiming for rival Intel’s sweet spot — data centre chips. Following this news, Intel’s shares fell about 4%. NVIDIA said Grace would perform 10x better than today’s fastest servers for AI and high-performance computing workloads.

With this launch, Nvidia is eyeing Intel’s data centre market.
Intel commands a huge CPU server market share, accounting for over 90%, followed by AMD, which has been the only company that Intel had to worry about in the data centre segment until now. With NVIDIA’s entry, both Intel and AMD can hear the footsteps closing in.


2

Why Did Microsoft Acquire Nuance?

Microsoft has announced the acquisition of AI-based technology company Nuance Communications for $19.7 billion in an all-cash transaction. This is Microsoft’s second-costliest acquisition after LinkedIn ($26.2 billion in 2016). 

The acquisition of Nuance will expand Microsoft’s capabilities in voice recognition and transcription technology. Nuance’s major clinical speech recognition products include Dragon Ambient eXperience, Dragon Medical One, and PowerScribe One. All these SaaS offerings are built on Microsoft Azure.


3

Path To AI Utopia

Sam Altman, the co-founder of OpenAI, has recently shared his insights and a few warnings about the impending AI tech revolution that will disrupt “everything”. In his blog, Altman, said the tech future will be far more significant than the discovery of fire or the invention of the wheel.

Altman conceptualised a tech-powered system for an equitable distribution of wealth. In a way, he is making a case for a universal basic income(UBI). That said, Universal Basic Income is not a new concept. But, adding AI to the mix can make a big difference.


4

Featured Video | India’s Crypto Dilemma: What’s At Stake and More...


5

In The Google Vs Oracle Fight, API Developers Win

The United States Supreme Court ruled in favour of Google in its decade long, multibillion-dollar battle with Oracle. The apex court threw out a lower court ruling that said Android infringed Oracle’s copyrights on the Java software platform.

Oracle bought Sun Microsystem in 2010 and owns Java now. Oracle accused Google of illegally copying more than 11,000 lines of Java API code to develop Android, the OS that powers over two billion smartphones worldwide. The story dates back to 2005 when Google acquired Android, a fledgeling startup then.


6

Hands-On Guides for ML Developers

Guide to PyTerrier: A Python Framework for Information Retrieval

Make Machine Learning Interpretable with Shapash

Real-time GUI Interactions with OpenCV in Python

Comprehensive Guide To CLARANS Clustering Algorithm

Perform Time Series Analysis And Forecasting Using R Programming Language


7

PEOPLE & STARTUPS

Intelligent Automation Is The Most Adaptable Way To Survive Future Disruptions: Viswanath Ramaswamy, IBM

IoT Adoption Is Growing In The Enterprise Segment: Huzefa Motiwala, Palo Alto Networks

The Inspiring Story Of Ajai Devanathan Who Transitioned From Human Resources To Data Science

We Will Attain Full Autonomy For Small & Slow Vehicles In 5 Years: Manesh Jain, CEO, Flo Mobility


8

Streamlit Lands Big, Proves MLaaS Has Become Mainstream

Recently, ML startup Streamlit raised $35 million in a Series B round led by Sequoia. Streamlit co-founders Amanda Kelly, Thiago Teixeira and Adrien Treuille launched the company in 2019 to make app creation as easy as Python scripting. “We have obsessed over making this alchemy — from scripts to apps — as fast and joyful as possible,” wrote Treuille in a blog post.


9

Gupshup, The Latest AI Unicorn

The latest Unicorn is a 15-year-old AI-based enterprise messaging solutions provider, Gupshup. Recently, the company raised $100 million in a Series F round from Tiger Global Management, taking its total valuation to $1.4 billion.

San-Francisco headquartered Gupshup helps over 100,000 businesses and developers to build messaging platforms. The company helps deliver over 6 billion messages per month across 30+ messaging channels’. The company also claims an annual run rate of $150 million.


10

BOTTOM OF THE NEWS

Here's what all happened last week.

EU Mulls Ban On Using AI For Mass Surveillance & Social Credit Scores

AI & Analytics Firm Tredence Launches MLOps Platform

Roundup Of AI & Supercomputing Products Unveiled At NVIDIA GTC 2021

AI, Supercomputing And More: NVIDIA Kickstarts GTC Spring 2021

IIT Madras Launches Fellowship In AI For Social Good