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In this week's newsletter, We dive into the escalating costs of AI training, where models that once cost $100 million are now projected to soar to $100 billion, reflecting the rapid advancements and increasing complexity in artificial intelligence. Additionally, we provide an exclusive preview of Samsung's highly anticipated Galaxy Unpacked event in July 2024, set to unveil exciting new devices like the Galaxy Z Fold 6, Z Flip 6, and more.

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In today’s issue:

• AI Training Costs Soar: From $100 Million to $100 Billion

• Samsung Galaxy Unpacked July 2024: What to Expect

• AI in Crime: How Criminals Leverage Technology for Deception

• Establishing AI Regulatory Frameworks

• AI Usage in School Reports

• AI's Environmental Impact

• Gaming with Claude AI

• Collaborative Meta AI on WhatsApp

Today’s must read

AI Training Costs Soar: From $100 Million to $100 Billion

TL;DR: AI training costs are rapidly increasing, with current models costing $100 million, and future models projected to reach $100 billion.

Summary: Dario Amodei, CEO of Anthropic, highlighted the exponential rise in AI model training costs. Current models, like ChatGPT-4, cost around $100 million to train, but new models under development could reach $1 billion, with future projections hitting $100 billion by 2025-2027. This surge is driven by advancements in AI and hardware requirements, potentially making hardware the primary cost factor in AI training.

Highlights:

• Current AI models cost $100 million to train.

• Future AI models could cost up to $100 billion by 2027.

• Hardware advancements are key cost drivers.

Why it matters:

• Highlights the rapid advancement and increasing complexity of AI.

• Underlines the escalating costs and resource demands of AI development.

• Suggests a potential economic impact on AI-related industries.

Bottom line: As AI models grow more powerful, their training costs are skyrocketing, emphasizing the need for continued advancements in hardware and efficient technologies.

_{Source: tomshardware}

News from the giants

Samsung Galaxy Unpacked July 2024: What to Expect

TL;DR: Samsung's upcoming Galaxy Unpacked event on July 10, 2024, in Paris will feature the launch of new foldable phones (Galaxy Z Fold 6 and Z Flip 6), the Galaxy Ring, Galaxy Watch 7, Watch Ultra, and Galaxy Buds 3.

Summary: Samsung's Galaxy Unpacked event in Paris on July 10, 2024, promises a lineup of new devices. Key highlights include the Galaxy Z Fold 6 and Z Flip 6, featuring advanced AI capabilities. Also expected are the Galaxy Ring, a new smart wearable, the Galaxy Watch 7, Watch Ultra, and updated Galaxy Buds 3 and Buds 3 Pro. This event aligns with Samsung's sponsorship of the 2024 Paris Olympics, highlighting the company's innovative strides in mobile technology.

Highlights:

• Launch of Galaxy Z Fold 6 and Z Flip 6 with enhanced AI features.

• Introduction of Galaxy Ring and Galaxy Watch 7 series.

• New Galaxy Buds 3 and Buds 3 Pro expected.

Why it matters:

• Marks Samsung's continuous innovation in foldable technology.

• Demonstrates the integration of AI across Samsung's new devices.

• Highlights Samsung's strategic timing with the Paris Olympics.

Bottom line: Samsung's July 2024 Unpacked event is set to unveil cutting-edge devices, showcasing advancements in AI and foldable technology, reinforcing Samsung's position as a leader in the tech industry​.

_{Source: theverge}

Privacy

AI in Crime: How Criminals Leverage Technology for Deception

TL;DR: Wimbledon introduces AI to monitor and address online abuse against players, enhancing social media safety.

TL;DR: Criminals are increasingly using AI to perpetrate sophisticated scams, including impersonation and phishing, posing significant challenges for law enforcement and victims alike.

Summary: The Arab Times highlights the rising trend of criminals using AI technology to execute scams and fraudulent activities. Techniques include deepfake videos for impersonation, AI-generated phishing emails, and automated bots for large-scale data theft. These methods are often sophisticated and difficult to detect, causing significant financial and personal losses to victims.

Highlights:

• AI tools enable realistic impersonation scams via video calls.

• Phishing attacks are becoming more convincing with AI-generated emails.

• Automated bots facilitate large-scale data theft and financial fraud.

Why it matters:

• Increased sophistication of scams makes them harder to detect and prevent.

• AI's misuse poses significant risks to personal and financial security.

• Law enforcement agencies need to adapt quickly to counter these advanced threats.

Bottom line: The use of AI by criminals is a growing concern, requiring heightened vigilance and advanced countermeasures to protect individuals and organizations from sophisticated scams.

_{Source: arabtimesonline}

Prompt of today

Prompts:

A dramatic realistic high-definition wallpaper featuring Reynisfjara Black Sand Beach in Iceland, with its striking black sand and towering basalt sea stacks rising from the ocean. The scene captures the rugged beauty and unique landscape of this famous beach, with waves crashing against the shore under a moody sky. The foreground includes detailed textures of the black sand and scattered pebbles, enhancing the depth and realism. --v 6.0 --ar 9:16

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AI around the world

• Establishing AI Regulatory Frameworks: GSR-24 emphasizes the urgent need to establish regulatory frameworks for AI, space, and climate change activities.

• AI Usage in School Reports: Teachers and principals are warned against using AI for school reports and newsletters.

• AI's Environmental Impact: The ongoing AI boom continues, but its environmental toll is also increasing.

• Gaming with Claude AI: Discover five creative prompts to play interactive games with Claude AI.

• Collaborative Meta AI on WhatsApp: Meta's AI may become more collaborative within WhatsApp for Android, enhancing user interactions.

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