🔍 Discover the Latest in AI: White House R&D Boost, AMD's Q2 Success, iOS 18.1 Insights

Are AI Degrees the Key to Standing Out in a Tough Job Market?

Welcome, AI enthusiasts.

In today’s Generative AI Newsletter:  

  • White House Calls for Increased AI R&D Funding🔍

  • AMD Beats Q2 Earnings Expectations, Highlights Significant AI Chip Growth

  • What You Need to Know About iOS 18.1’s AI Capabilities & Compatibility

  • AI, Deepfakes, and Campaign Ads: Newsom’s New Proposal

  • Are AI Degrees the Key to Standing Out in a Tough Job Market?

  • ✍️ 5 AI Writing Tools

White House Calls for Increased AI R&D Funding🔍

Arati Prabhakar, head of the White House’s science office, urges a significant boost in federal AI R&D spending, which currently stands at a modest $3-4 billion out of $200 billion annual R&D budget.

Highlighting national security concerns and the tech race with China, she stressed the need for substantial investment to stay competitive.

The National Security Commission on AI recommends raising AI R&D spending to $32 billion annually.

While private sector investment has been strong, Prabhakar emphasized federal support for long-term, high-risk research.

Despite budget constraints, the Biden administration is integrating AI across federal agencies and aims to build public trust in AI's potential.

Getty Images

AMD Beats Q2 Earnings Expectations, Highlights Significant AI Chip Growth

AMD surpassed Q2 earnings forecasts with adjusted EPS of 69 cents and $5.84 billion in revenue, driven by a 115% YoY increase in data center revenue to $2.8 billion, bolstered by MI300 chip sales.

The company predicts data center GPU revenue to top $4.5 billion in 2024. Despite a drop in gaming and embedded segment revenues, the client segment saw a 49% YoY rise.

AMD's shares climbed 8% in after-hours trading, underscoring its robust position as the second-largest data center GPU vendor.

CEO Lisa Su highlighted strong AI chip sales and optimistic revenue projections for 2024.

Jason Hiner/ZDNET

What You Need to Know About iOS 18.1’s AI Capabilities & Compatibility

Apple is rolling out its highly anticipated AI features with the upcoming iOS 18.1 update.

However, these advancements will only be available on the latest iPhone models, specifically the iPhone 15 Pro and newer. K

ey new features include enhanced Siri, AI-driven email summarization, photo memory movies, and more.

While the iPhone 15 Pro’s A17 Pro chip is required for on-device AI processing, older iPhones won't support these upgrades due to hardware limitations.

Macs and iPads with at least an M1 chip can also access some of these new features.

As Apple continues to push AI integration, upgrading your device may be essential to fully experience these innovations. 

AP Foto/Steven Senne, Archivo

AI, Deepfakes, and Campaign Ads: Newsom’s New Proposal

Governor Gavin Newsom is taking a stand against AI-generated fake content after Elon Musk shared a parody video using AI to mimic Vice President Kamala Harris's voice.

Newsom is pushing for new regulations to ban such manipulative tactics in campaign ads, notably, bill AB 2355 which mandates disclosures for AI-generated audio and visuals in campaign ads, and AB 2655 which requires online platforms to block and label materially deceptive content related to elections. 

This clash highlights the broader debate on balancing AI regulation with First Amendment rights.

As California lawmakers advance bills like AB 2355 and AB 2655 to address AI in elections, the challenge remains: How to regulate misleading AI content without stifling free speech? 

NBC News

Are AI Degrees the Key to Standing Out in a Tough Job Market?

As artificial intelligence becomes a central focus in technology, more universities are introducing undergraduate AI degrees.

Institutions like Carnegie Mellon University, the University of Pennsylvania, MIT, and Purdue University have launched AI programs, aiming to meet growing demand for AI specialists.

These degrees are designed to equip students with the skills needed to excel in a rapidly evolving field.

With a competitive job market, especially in tech, AI-focused degrees may offer graduates a significant advantage.

Early feedback suggests that specialized AI training is making students more attractive to employers across various industries.

Carnegie Mellon's AI program, launched in 2018, has seen strong demand and positive responses from tech giants.

Similarly, new AI majors at Penn, MIT, and other top schools are drawing interest from students eager to enter the field.

As more programs emerge, they could reshape the landscape for tech job seekers, offering distinct career benefits in a competitive market.

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