{"id":265979,"date":"2024-09-11T15:35:42","date_gmt":"2024-09-11T15:35:42","guid":{"rendered":"https:\/\/aijourn.com\/?p=265979"},"modified":"2024-09-11T15:36:23","modified_gmt":"2024-09-11T15:36:23","slug":"safrans-e220m-deal-nvidias-earnings-drop-orions-tech-breakthrough-ai-in-school","status":"publish","type":"post","link":"https:\/\/aijourn.com\/safrans-e220m-deal-nvidias-earnings-drop-orions-tech-breakthrough-ai-in-school\/","title":{"rendered":"Safran&#8217;s \u20ac220M Deal, Nvidia\u2019s Earnings Drop, Orion&#8217;s Tech Breakthrough, &amp; AI in School"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><em><strong>In partnership with 1440 Media<\/strong><\/em><\/li>\n<\/ul>\n\n\n\n<p><strong>Happy Monday, AI &amp; Data Enthusiasts!<\/strong><\/p>\n\n\n\n<p>While major tech companies continue to make big moves in advancing AI, many artists argue that AI struggles with creating genuine art, as LLM models remain \u201clargely theoretical.\u201d Let\u2019s get into more AI developments this week in our AI newsletter.<\/p>\n\n\n\n<p><strong>In today\u2019s edition:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Safran Acquires AI Firm Preligens for \u20ac220 Million, Expanding Its AI Capabilities<\/li>\n\n\n\n<li>Nvidia Stock Drops Despite Record Earnings<\/li>\n\n\n\n<li>OpenAI\u2019s Orion: New AI Milestone Built with GPT-5 Strawberry\u2019s Technology<\/li>\n\n\n\n<li>Chinese Schools Integrate AI as New Semester Begins<\/li>\n<\/ul>\n\n\n\n<p>&#8211; <em>Naseema Perveen<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>WHAT CAUGHT OUR ATTENTION MOST<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Safran Acquires AI Firm Preligens for \u20ac220 Million, Expanding Its AI Capabilities<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"972\" height=\"691\" src=\"https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-72.png\" alt=\"\" class=\"wp-image-265980\" srcset=\"https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-72.png 972w, https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-72-300x213.png 300w, https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-72-768x546.png 768w\" sizes=\"(max-width: 972px) 100vw, 972px\" \/><\/figure>\n\n\n\n<p><strong>French aerospace giant Safran<\/strong> has announced the acquisition of <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/economictimes.indiatimes.com\/tech\/technology\/safran-buys-ai-firm-preligens-for-220-million\/articleshow\/112986982.cms?from=mdr\">Preligens<\/a>, a company specializing in artificial intelligence (AI) for the aerospace and defense sectors, for <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/markets\/deals\/safran-buys-ai-firm-preligens-220-million-euros-2024-09-02\/\">\u20ac220 million <\/a>(approximately $243.3 million). This strategic purchase bolsters Safran&#8217;s technological edge in the rapidly evolving AI landscape.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Rebranding:<\/strong> Following the acquisition, Preligens will be rebranded as <a href=\"https:\/\/Safran.AI\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Safran.AI<\/strong><\/a> and will be fully integrated into Safran\u2019s Electronics &amp; Defense business area. This move signifies Safran&#8217;s commitment to enhancing its AI-driven solutions across various sectors, particularly in aerospace and defense.<\/li>\n\n\n\n<li><strong>AI Specialization:<\/strong> Preligens is known for developing advanced AI algorithms and software that analyze and automatically detect military objects using satellite imagery.<\/li>\n\n\n\n<li><strong>Strategic Vision:<\/strong> Franck Saudo, CEO of Safran Electronics &amp; Defense, stated that this acquisition will enable Safran to expand its AI applications in the aviation, defense, and space sectors.<\/li>\n\n\n\n<li><strong>Exchange Rate:<\/strong> At the time of the deal, \u20ac1 was equivalent to $0.9042.<\/li>\n<\/ul>\n\n\n\n<p>This strategic move not only strengthens Safran\u2019s position in the aerospace and defense sectors but also highlights the growing importance of AI in these industries. With the integration of Preligens, now <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/Safran.AI\">Safran.AI<\/a><strong>,<\/strong> the company is poised to lead in the development of <strong>AI-driven solutions<\/strong> that will shape the future of defense and aerospace technology.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>IN PARTNERSHIP WITH 1440 MEDIA<\/strong><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>KEEP YOUR EYE ON IT<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>OpenAI\u2019s Orion: New AI Milestone Built on GPT-5 Strawberry\u2019s Technology<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"600\" height=\"337\" src=\"https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-73.png\" alt=\"\" class=\"wp-image-265981\" style=\"width:690px;height:auto\" srcset=\"https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-73.png 600w, https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-73-300x169.png 300w, https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-73-390x220.png 390w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p>OpenAI is set to release<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.livemint.com\/ai\/project-strawberry-ai-openai-ai-models-sam-altman-11725209535125.html\">Orion<\/a><strong>,<\/strong> its most advanced AI model based on GPT-5 Strawberry technology.Orion enhances reasoning and reduces errors, aiming for greater precision in complex problem-solving. OpenAI\u2019s forthcoming model, Orion, represents a major leap in artificial intelligence, built upon the cutting-edge <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.youtube.com\/watch?v=XFrj0lCODzY\">GPT-5 Strawberry technology<\/a>. Orion is set to redefine the capabilities of large language models (LLMs) with its advanced features.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Enhanced Reasoning and Accuracy:<\/strong> Orion incorporates sophisticated reasoning capabilities that allow it to handle complex queries with improved accuracy. This advancement reduces errors and increases reliability, making it a powerful tool for a range of applications.<\/li>\n\n\n\n<li><strong>Synthetic Data Generation:<\/strong> A key feature of Orion is its capability to produce high-quality synthetic data. This addresses the challenge of limited training data and enhances the model\u2019s performance across various sectors, including healthcare, finance, and scientific research.<\/li>\n\n\n\n<li><strong>Industry Anticipation:<\/strong> Orion is expected to set new <a href=\"https:\/\/businessworld.in\/article\/openai%E2%80%99s-orion-to-debut-soon-will-be-based-on-gpt-5-strawberry-531213\" target=\"_blank\" rel=\"noreferrer noopener\">standards in AI<\/a>, impacting chatbots, coding assistants, and more across various industries.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Nvidia Stock Drops Despite Record Earnings<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"900\" height=\"500\" src=\"https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-74.png\" alt=\"\" class=\"wp-image-265982\" srcset=\"https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-74.png 900w, https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-74-300x167.png 300w, https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-74-768x427.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/figure>\n\n\n\n<p>Nvidia recently reported another exceptional earnings quarter, surpassing expectations with <strong>record revenue and profits<\/strong>, particularly in AI and data centers. Despite the impressive financial performance, Nvidia&#8217;s stock surprisingly <strong>dipped by over 2% <\/strong>immediately following the announcement and eventually <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.financemagnates.com\/trending\/nvidia-stock-dips-despite-earnings-surge-are-investors-ever-happy\/\">fell by more than 8%<\/a>.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Investors&#8217; Expectations:<\/strong> Investors seem to have set an almost unattainable bar for Nvidia. Even with a 101% year-over-year revenue increase, amounting to $13.51 billion, and earnings per share (EPS) exceeding predictions, the stock market remained unimpressed.<\/li>\n\n\n\n<li><strong>AI Hype Backlash:<\/strong> Nvidia\u2019s association with the AI boom has created sky-high expectations. The company\u2019s stock has soared by over 200% this year, leading investors to expect nothing short of perfection. Despite delivering stellar results, Nvidia\u2019s stock faced backlash for merely meeting or slightly exceeding those lofty expectations.<\/li>\n\n\n\n<li><strong>Market Environment:<\/strong> The broader market environment, characterized by economic uncertainty, interest rate hikes, and geopolitical tensions, also played a role in the stock&#8217;s decline. Nvidia\u2019s exposure to volatile sectors like gaming and cryptocurrency adds to the complexity, making investors even more cautious.<\/li>\n\n\n\n<li><strong>Future Outlook:<\/strong> Investors are now focused on what Nvidia can achieve next, with expectations that go beyond record-setting performance. The company\u2019s future potential is already factored into its high share price, leading to a scenario where even outstanding results may not satisfy the market.<\/li>\n<\/ul>\n\n\n\n<p><strong>Nvidia&#8217;s stock dip<\/strong>, despite incredible earnings, highlights the fickle nature of the stock market, where even the best performances can fall short of ever-rising expectations. Nvidia\u2019s recent stock dip underscores the challenge of continually exceeding ever-rising expectations. As the company continues to push the boundaries of AI innovation, the pressure to meet expectations remains a constant hurdle in its journey.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Chinese Schools Integrate AI as New Semester Begins<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"999\" height=\"666\" src=\"https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-75.png\" alt=\"\" class=\"wp-image-265983\" srcset=\"https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-75.png 999w, https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-75-300x200.png 300w, https:\/\/aijourn.com\/wp-content\/uploads\/2024\/09\/image-75-768x512.png 768w\" sizes=\"(max-width: 999px) 100vw, 999px\" \/><\/figure>\n\n\n\n<p>As students across China return to school, the integration of <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"http:\/\/www.china.org.cn\/china\/2024-09\/02\/content_117400923.htm\">AI technology<\/a> in educational facilities is significantly reshaping the learning environment. The incorporation of advanced AI tools is enhancing teaching methods, providing personalized learning experiences, and improving student engagement.<\/p>\n\n\n\n<p>Future developments may include more sophisticated <a href=\"https:\/\/english.news.cn\/20240902\/af8e9f8c0c0044a2be14503f7cba7685\/c.html\" target=\"_blank\" rel=\"noreferrer noopener\">AI-driven teaching<\/a> methods, broader access to high-quality educational resources, and improved strategies for addressing educational disparities. As AI technology evolves, its potential to transform educational practices and outcomes will likely continue to grow, offering exciting possibilities for <a href=\"https:\/\/www.youtube.com\/watch?app=desktop&amp;v=WAF-KG962Is\" target=\"_blank\" rel=\"noreferrer noopener\">both students and educators<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>ICYMI<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Concerns over <a href=\"https:\/\/techcrunch.com\/2024\/08\/31\/grammy-ceo-says-music-industry-also-has-ai-concerns\/\" target=\"_blank\" rel=\"noreferrer noopener\">AI in music<\/a>.\u00a0<\/li>\n\n\n\n<li><a href=\"https:\/\/techcrunch.com\/2024\/09\/01\/emotion-ai-could-be-the-next-trend-for-business-software-and-that-could-be-problematic\/\" target=\"_blank\" rel=\"noreferrer noopener\">Emotion AI<\/a> may be the next trend for business software.<\/li>\n\n\n\n<li>OpenAI and Anthropic partner with the U.S. Government for <a href=\"https:\/\/www.reuters.com\/technology\/artificial-intelligence\/openai-anthropic-sign-deals-with-us-govt-ai-research-testing-2024-08-29\/?utm_source=www.therundown.ai&amp;utm_medium=newsletter&amp;utm_campaign=china-s-new-ai-tops-gpt-4o&amp;_bhlid=cb3296d480e342ddec358ebf45b44c714ada4ac0\" target=\"_blank\" rel=\"noreferrer noopener\">AI Safety<\/a>.<\/li>\n\n\n\n<li>Alibaba unveils <a href=\"https:\/\/qwenlm.github.io\/blog\/qwen2-vl\/\" target=\"_blank\" rel=\"noreferrer noopener\">Qwen2-Math<\/a>.<\/li>\n\n\n\n<li>Google is developing an <a href=\"https:\/\/techcrunch.com\/2024\/08\/29\/google-is-working-on-ai-that-can-hear-signs-of-sickness\/\" target=\"_blank\" rel=\"noreferrer noopener\">AI model<\/a> that can hear signs of sickness.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>MONEY MATTERS<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>OpenAI is reportedly closing in on a new funding round at a <a href=\"https:\/\/www.yahoo.com\/tech\/openai-talks-raise-funding-over-194003340.html\" target=\"_blank\" rel=\"noreferrer noopener\">$100B+ valuation<\/a>.<\/li>\n\n\n\n<li>The AI servers market is projected to reach <a href=\"https:\/\/wifitalents.com\/statistic\/high-performance-computing-industry\/\" target=\"_blank\" rel=\"noreferrer noopener\">$17.5<\/a> billion by 2024.<\/li>\n\n\n\n<li>By 2025, <a href=\"https:\/\/edgedelta.com\/company\/blog\/ai-investment-statistics\" target=\"_blank\" rel=\"noreferrer noopener\">global AI investment<\/a> is projected to reach $200 billion.<\/li>\n\n\n\n<li>MIT Commits to <a href=\"https:\/\/www.mygreatlearning.com\/blog\/artificial-intelligence-investors\/\" target=\"_blank\" rel=\"noreferrer noopener\">$1.1 Billion<\/a> for AI Research.<\/li>\n\n\n\n<li>Russian Direct Investment Fund (RDIF) $2 Billion for <a href=\"https:\/\/www.mygreatlearning.com\/blog\/artificial-intelligence-investors\/\" target=\"_blank\" rel=\"noreferrer noopener\">AI Research<\/a>.\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">LINKS WE\u2019RE LOVIN\u2019<\/h3>\n\n\n\n<p>\u2705 <strong>Podcast: <\/strong>Meta AI, Open Source, Limits of LLMs, AGI &amp; the Future of AI | Lex Fridman <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.youtube.com\/watch?v=5t1vTLU7s40\">Podcast #416<\/a><\/p>\n\n\n\n<p>\u2705<strong>Cheat sheet:<\/strong> Cheat sheet for roadmap to<a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/blog.bytebytego.com\/i\/147041282\/a-roadmap-for-full-stack-development\"> Full-Stack Development<\/a>.<\/p>\n\n\n\n<p>\u2705<strong>Course:<\/strong> Master <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.coursera.org\/specializations\/digital-transformation-using-ai-ml-with-google-cloud\">digital transformation using AI\/ML<\/a><\/p>\n\n\n\n<p>\u2705<strong>Whitepaper:<\/strong> The Power Of Your Unstructured Data With <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/aijourn.com\/unstructured-data-with-nlp\/\">NLP<\/a>.<\/p>\n\n\n\n<p>\u2705<strong>Watch:<\/strong> Andrew Edwards reviews <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.youtube.com\/watch?v=0Z0dNyjvYPM\">Microsoft Surface Pro 11<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">SHARE THE NEWSLETTER &amp; GET REWARDS<\/h3>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile\" style=\"grid-template-columns:85% auto\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"386\" src=\"https:\/\/aijourn.com\/wp-content\/uploads\/2024\/08\/image-1.gif\" alt=\"\" class=\"wp-image-265920 size-full\"\/><\/figure><div class=\"wp-block-media-text__content\">\n<p><\/p>\n<\/div><\/div>\n\n\n\n<p><a href=\"{{rp_referral_hub_url}}\">Click to Share<\/a><\/p>\n\n\n\n<p>Or copy &amp; paste your referral link to others: {{ rp_refer_url }}<\/p>\n\n\n\n<p><em>That\u2019s all for now. And, thanks for staying with us. If you have specific feedback, please let us know by leaving a comment or emailing us. We are here to serve you!<\/em><\/p>\n\n\n\n<p>Join 130k+ AI and Data enthusiasts by <a target=\"_blank\" rel=\"noreferrer noopener\" href=\"https:\/\/www.linkedin.com\/build-relation\/newsletter-follow?entityUrn=7084944571721211905\">subscribing to our LinkedIn<\/a> page.<\/p>\n\n\n\n<p><strong><em>Become a sponsor of our next newsletter and connect with industry leaders and innovators.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In partnership with 1440 Media Happy Monday, AI &amp; Data Enthusiasts! While major tech companies continue to make big moves in advancing AI, many artists argue that AI struggles with creating genuine art, as LLM models remain \u201clargely theoretical.\u201d Let\u2019s get into more AI developments this week in our AI newsletter. In today\u2019s edition: Safran &hellip;<\/p>\n","protected":false},"author":182,"featured_media":265984,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[1490],"tags":[],"ppma_author":[685],"class_list":["post-265979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter","author-darrshenisapovadia"],"authors":[{"term_id":685,"user_id":182,"is_guest":0,"slug":"darrshenisapovadia","display_name":"Darrsheni Sapovadia","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/d5b9e929b2972f99233ad8df8e9e5151?s=96&d=mm&r=g","last_name":"Sapovadia","first_name":"Darrsheni","job_title":"","user_url":"https:\/\/aijourn.com\/","description":""}],"_links":{"self":[{"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/posts\/265979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/users\/182"}],"replies":[{"embeddable":true,"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/comments?post=265979"}],"version-history":[{"count":1,"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/posts\/265979\/revisions"}],"predecessor-version":[{"id":265985,"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/posts\/265979\/revisions\/265985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/media\/265984"}],"wp:attachment":[{"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/media?parent=265979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/categories?post=265979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/tags?post=265979"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/aijourn.com\/wp-json\/wp\/v2\/ppma_author?post=265979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}