In 2024, AI has taken over the tech world by storm.
Microsoft, Google, and Meta have spent billions of dollars to acquire and ship large language models like — ChatGPT, Gemini, and LlaMa.
According to similarweb, ChatGPT by OpenAI got 1.6 billion hits in the month Feb 24.
AI runs on powerful chips and this storm has been luckiest for AI chip maker NVIDIA.
On Feb 24, it has crossed a market cap of $2 trillion. Only the fifth company in the world to achieve this benchmark.
Reason?
There is a popular saying, in a gold rush — sell shovels.
In the Global AI arms race chips are the shovels and tech giants are in a neck-to-neck fight to obtain powerful H100 chips.
H100 chips are the most powerful chips specially designed for building AI applications.
It has 80 billion transistors that are responsible for its robust speed and efficiency.
It is used to train and run Large language models (LLMs) that can generate texts and images in a human-like manner on a single prompt.
Today all the leading tech giants are in a race to acquire H100 chips. As per reports, Microsoft and Meta have acquired 150,000+ AI accelerator chips each while others have ordered these chips in higher numbers.
As per the reports these chips are sold out till January 2025.
Most of us have no idea that AI is already in our daily use through smartphones, laptops, search engines, and language translation.
Today, every big multinational company wants to integrate AI into their business offerings and plans to spend money to reskill their workforce.
AI Applications -
a. Customer Support — AI-powered conversational bots
b. Transport — Computer vision powered automobiles
c. Healthcare — Image or Signal Sensing technology to fight against deadly diseases
d. Finance — Data-rich predictional models for forecasting trends
e. Arts — Video/Image/Text Generation through Gen AI models
Why upgrade your skills in AI?
AI is here to stay.
As per an IBM report, 77% of top tech companies have either implemented AI or are exploring the best use cases for business offerings.
Companies are using AI to get more business at lesser costs. AI is not a direct threat to our jobs but an AI skilled human is.
For example, if you are riding a horse, you can reach faster to your destination, than a normal walker.
But, you can’t compete with the speed and efficiency of a petrol-engine bike.
AI skilled workforce is in huge demand and a top priority for all the top Fortune 500 companies.
If you want to stay relevant in the rapidly changing world of the 21st century, then AI is your sweet spot.
Where to start?
There are several options available online for starting to learn about AI.
First, you need to understand what impact AI is creating in your particular space.
Second, consider what exactly you need to learn within the AI domain.
Third, which are the best learning programs available online as per your needs?
Sharing the link to one of my favorite courses to learn about prompt engineering and to start your AI journey.
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