One-Minute Daily AI News 8/3/2024

1. Nvidia reportedly delays its next AI chip due to a design flaw.[1]
2. Chip index collapses 7% as Arm punctures AI optimism.[2]
3. China’s newest homegrown AI chip matches industry standard at 45 TOPS — 6nm Arm-based 12-core Cixin P1 starting mass production.[3]
4. World’s first major AI law enters into force — here’s what it means for U.S. tech giants.[4]

Sources:

[1] ~https://www.theverge.com/2024/8/3/24212518/nvidia-ai-chip-delay-blackwell-b200-microsoft-amazon-google-openai-meta-artificial-intelligence~

[2] ~https://www.reuters.com/technology/chip-index-collapses-8-arm-punctures-ai-optimism-2024-08-01/~

[3] ~https://www.tomshardware.com/pc-components/cpus/chinas-newest-homegrown-ai-chip-matches-industry-standard-at-45-tops-6nm-arm-based-12-core-cixin-p1-starting-mass-production~

[4] ~https://www.cnbc.com/2024/08/01/eu-ai-act-goes-into-effect-heres-what-it-means-for-us-tech-firms.html~