Nvidia needs to watch out: AMD's $5B acquisition of ZT Systems

In today’s newsletter:

• ABA Podcast EP2 teaser: Interview with Chief Google Gemini and Vertex AI Product Manager,

• Tutorial: 9 Prompt Engineering Frameworks for Tech Professionals

• War on all fronts against Nvidia:

  • AMD is going after Nvidia with a $5B acquisition of ZT Systems

  • South Korean chip companies Sapeon and Rebellions merged to create a $740M company to challenge Nvidia

• 4 AI tools in the spotlight

Read time: 4-5 mins

🎙️ Episode 2 Teaser: Google Gemini Group Product Manager on “how close are we to building an enterprise-ready AI experience?”

In this upcoming episode, Leo interviews Lewis Liu, Group Product Manager at Google, Gemini and Vertex AI, about the impact of generative AI models on user experience and enterprise AI readiness. Some key questions addressed:

• How to ground AI so that it works for us, instead of working for itself 

• What does the enterprise-ready AI experience look like? 

• Should we be chasing quality benchmarks/leaderboards? 

• What actually matters for optimising model capabilities? 

This episode is essential for tech professionals, founders, and business executives aiming to leverage AI for competitive advantage

The full episode drops next Wednesday, 28th August.

Make sure you’re subscribed to get notifications → Youtube | Spotify | Apple  | RSS 

📝 Episode 1 Review: The Decay of Cognitive Intelligence in the Age of Generative AI

We recapped the key points discussed in the 1st episode of the AI Business Asia Podcast with Dr. Ashley Fernandez, Chief AI & Data Officer of HUAWEI.

The discussion highlights a concerning trend: as AI tools become more accessible, there is a risk of diminishing creativity and problem-solving capabilities among developers. While the efficiency gained from AI tools is undeniable, Dr. Fernandez warns that organizations must not sacrifice depth for speed.

The conversation underscores the necessity for a balanced approach to AI implementation, and the insights shared by Dr. Ashley Fernandez in this podcast episode serve as a crucial reminder for tech professionals and business leaders: while AI tools can enhance productivity, they must not replace the foundational knowledge that drives innovation.

Check out the recap → here

We’ve partnered with an expert guest author, Stig Korsholm, to bring you more in-depth tutorials on prompt engineering. He shares 9 more prompt engineering frameworks for tech professionals.

By tailoring these frameworks to specific IT concepts, tech professionals can not only streamline their interactions with ChatGPT but also gain deeper insights into complex topics. Whether it's understanding a design pattern in Domain-Driven Design or planning a major system migration, these frameworks provide a structured approach to eliciting detailed and relevant responses from AI.

Check out this tutorial → here.

News from Asia:

• South Korean chip makers Sapeon and Rebellions have merged to create a $740 million company to challenge Nvidia

• SoftBank’s talks with Intel on AI chip tie-up falls through, now focusing on TSMC as a potential partner to meet chip demand and speed

• Singapore unicorn Patsnap to expand AI-powered patent search

• Singaporean telco SingTel teams up with Bridge Alliance industry group to bring GPU-as-a-Service (GPUaaS) across Southeast Asia.

• Ola Electric announces plans to develop India’s first homegrown AI chip, slated for a 2026 release via its own AI arm, Krutrim AI.

News from the West:

• AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play.

• Radical Ventures, an AI focused VC, has secured $800 million in new fund commitments, raised from Fei-Fei Li, Temasek, CPP Investments and others.

• GM cuts 1,000 software jobs to prioritize quality and AI, following a management level shuffle.

• Garden, an AI patent search tool, closed a $6.8 million seed round.

• Google invests $1 billion to power cloud and AI growth in Texas in the form of a new data centre.

Trending Tools & Apps

1. Supergrow can help help with post ideas, craft engaging content and carousels, and effectively engage with your network to build your personal brand on LinkedIn, all in one simple platform

2. Felo is a multilingual answer engine. Ask in your own language, get authoritative answers from global sources. Going beyond traditional searches, Felo scans multiple platforms for up-to-date, relevant info, forecasts, engaging pitch decks, and strategic plans.

3. Brainybear can build AI chatbots in 3 Steps and train in 3 Clicks. Scans your website or uploaded files to deliver quick, accurate AI answers to customer queries.

4. Hoory AI is a customer support automation platform driven by conversational AI that helps businesses streamline their support operations.