Mon. 11/25 – Return Of The Vita?

Nov 25, 2024 16m

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Episode Description

Is Sony about to get back into the mobile gaming hardware business? Is Bluesky in the dog house with the EU? Nvidia’s new AI model. Is Intel not going to get as much money as it hoped for? And the rise of AI superclusters. Sponsors: MackWeldon.com promocode BRIAN 1Password.com/ride Links: Sony Working on Handheld Console for PS5 Games to Rival Switch (Bloomberg) Bluesky breaching rules around disclosure of information, says EU (Financial Times) Nvidia shows AI model that can modify voices, generate novel sounds (Reuters) NVIDIA's new AI model Fugatto can create audio from text prompts (Engadget) Washington Curtails Intel’s Chip Grant After Company Stumbles (NYTimes) Klarna’s Planned IPO Sets the Stage for More Fintech Listings (Bloomberg) Exclusive: CoreWeave targets valuation of over $35 billion in 2025 US IPO, sources say (Reuters) AI’s Future and Nvidia’s Fortunes Ride on the Race to Pack More Chips Into One Place (WSJ) Learn more about your ad choices. Visit megaphone.fm/adchoices

AI-Generated Summary

Sony's Return to Mobile Gaming?

Sony is reportedly developing a new portable gaming console that allows players to access PS5 games, leveraging the PlayStation Portal device launched in 2023. Initial plans suggest a standalone device similar to Valve's Steam Deck, aiming to tap into the lucrative mobile gaming market. Although the launch is still years away, the company is taking steps to revitalize its mobile gaming strategy after past ventures like the PS Vita did not succeed.

Blue Sky and EU Scrutiny

Blue Sky, the social media platform, is under investigation by the EU for not providing adequate disclosure regarding its operations and user base. EU regulators have turned their attention to Blue Sky in light of increased scrutiny over social platforms, especially subsequent to regulatory actions against X (formerly Twitter) for alleged non-compliance with digital rules. The outcome of this inquiry may have significant implications for Blue Sky's future operations in the EU.

NVIDIA's AI Model, Fugato

NVIDIA has launched Fugato, an innovative AI model designed to generate music and audio, capable of modifying voices and creating novel sounds from text prompts. This model excels at transforming existing audio into new formats, such as changing a piano melody into sung lyrics with different vocal expressions. The applications for Fugato are diverse, ranging from music production to video game development, potentially changing how creators utilize sound in digital content.

Intel's Funding Cut

Intel's financial support from the Chips Act is expected to decrease as a result of strategic shifts and operational delays, reducing their anticipated funds from $8.5 billion to under $8 billion. The reduction reflects Intel's slower-than-planned progress on new chip facilities amid market pressures and an ongoing struggle to compete with industry leaders. This adjustment poses challenges for the company's broader objective of rejuvenating U.S. semiconductor manufacturing.

Fintech IPOs on the Horizon

With the potential IPO of Klarna slated for early 2025, there is speculation regarding a surge of public offerings in the fintech space. Klarna's recent revenue growth and improved profitability insights indicate a favorable environment for fintech companies to enter public markets following a period of stagnation. Other fintech players have expressed interest in future IPOs, indicating potential momentum in the sector.

Rise of AI Superclusters

The podcast delves into the emergence of AI superclusters, which leverage significant computing power from thousands of NVIDIA GPUs to enhance AI model training. Companies like OpenAI and XAI are leading initiatives to build these colossal clusters, and they pose new engineering challenges. As demand for chip infrastructure grows, the landscape of AI development might shift dramatically, influencing how AI applications evolve moving forward.