Intel and TSMC Join Forces on Chipmaking Venture 🤝

Welcome to another edition of Horizon AI,

Semiconductor giants Intel and TSMC are reportedly teaming up in a move that could revitalize Intel's struggling foundry business.

Let's get into it!

Read Time: 4.5 min

Here's what's new today in the Horizon AI

• Intel and TSMC Agree to Form Chipmaking Joint Venture 🤝

• Midjourney Launches Its New V7 AI Image Model

• AI Tutorial: Meet your younger self through AI video

• AI Tools to check out

• The Latest in AI and Tech 💡

• AI Findings/Resources

AI News

INTEL x TSMC

Intel and TSMC Agree to Form Chipmaking Joint Venture

The two firms have reportedly reached a tentative agreement to form a joint venture that will operate the U.S. chipmaker's factories.

Details:

• The U.S. government had urged the two companies to find a solution to Intel's long-running crisis, as the company recently reported a net loss of $18.8 billion for 2024.

• TSMC, the world's largest contract chipmaker, will take a 20% stake in the new company, and Intel and the other investors would control the rest.

• It is reported that TSMC does not plan to invest capital for its 20% stake. Instead, it will contribute expertise by sharing its chip production methods and mentoring Intel's manufacturing teams.

By teaming up with TSMC, Intel is gaining support from one of its biggest competitors as it continues to struggle with intense competition and the industry's shift toward artificial intelligence—a market where it has little presence.

Source

TOGETHER WITH WRITER

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MIDJOURNEY

Midjourney Launches Its New V7 AI Image Model

Midjourney has launched V7, its first new AI image generation model in nearly a year. They described it as their “smartest, most beautiful, most coherent model yet,” which brings several enhancements:

• V7 is Midjourney’s first model to have personalization switched on by default.

• To use it, users will first have to rate around 200 images to build a Midjourney "personalization" profile, which tunes the model to their individual visual preferences.

• The new model offers higher image quality with improved textures and more coherent representations of bodies, hands, and objects. It is also “much smarter with text prompts,” resulting in more accurate image generation.

• V7 is available in two versions: Turbo (more expensive to run) and Relax, and powers a new tool called Draft Mode, which renders images at 10x the speed and half the cost of the standard mode, but with lower quality (though they can be enhanced and re-rendered with a click).

Some standard Midjourney features, such as image upscaling and retexturing, won't be available for V7 yet but are expected to arrive in the coming months, along with completely new features.

Source

AI Tutorial

Meet your younger self through AI video

Pika has recently introduced a new feature called "Selfie With Your Younger Self" that allows users to create side-by-side selfies with their younger version.

1. Go to the Pika AI website and sign in.

2. Select the “Selfie with Your Younger Self” feature.

3. Upload a video of yourself and let the AI process a frame where it leaves enough space for your younger self.

4. Then either upload a childhood picture or let the AI generate one.

5. Click “Generate”

Tips:

• The process works best if there is nothing else in the photo.

• Try not to take up the entire space in the video frame, or your younger self might get cut off.

• You can also get creative with the feature. Instead of using a photo of your younger self, you can add pictures of other people, like a friend or family member, or even use characters from cartoons or anime.
  

*Note: Free users may experience longer wait times to receive their videos.

AI Tools to check out

📽 Munch: Extract the most engaging and impactful clips from your long-form videos.

👥 Spiritme: AI-video platform for creating personalized videos with digital avatars.

📰 ModelMatch: Compare top open-source models for image understanding side-by-side, no coding needed.

🦾 Sintra: Build, grow, and scale your business with a team of AI employees.

💥 Chatbox AI: An AI client application and smart assistant.

AI Findings/Resources

📚 Short Course: AI python for beginners

😃 Microsoft’s three CEOs get roasted by Copilot

🔮 China's love of open-source AI may shut down fast

🌐 How the U.S. public and AI experts view Artificial Intelligence

🎤 A survival guide for musicians in the age of AI

The latest in AI and Tech

ChatGPT's image generation hits 700M creations

ChatGPT's new image generation feature has seen rapid adoption, with users creating over 700 million images in about a week. OpenAI COO Brad Lightcap shared that over 130 million users tried the function in its first week, with India being a key growth driver.

CEO Sam Altman also teased that an improved version, “V2,” is in the works.

Microsoft reportedly pulls back on its data center plans

Sources claim that Microsoft has delayed or slowed data center projects in Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin. However, a Microsoft representative told Bloomberg that the company still intends to maintain its $80 billion data center spending budget for the 2025 fiscal year.

Amazon is introducing a new “Recaps” feature for Kindle users

The feature will help users recall plot points and character arcs before starting the latest book in a series. Amazon plans to add the recaps feature to the Kindle app for iOS soon.

Scale AI announces a new platform to help AI developers identify their models' weak spots

The company has developed a platform that can automatically test a model across thousands of benchmarks and tasks, identify weaknesses, and flag additional training data that could help improve its performance.

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Gina 👩🏻‍💻