Asia's Chip Renaissance: China catching up, Rebellions 2025 IPO, Japan-Intel chip center

In today’s newsletter:

• ABA Podcast EP3 Teaser: Interview with WorkMate Managing Director

• Insights: Top three hybrid search solutions in 2024

• Asia’s AI Chip Renaissance

• OpenAI reveals more details surrounding ‘GPT-Next’

• 4 AI tools in the spotlight

Read time: 4-5 mins

🎙️ ABA Podcast #EP3 Teaser: WorkMate MD on building the Uber of workforce management, journey to support 1 million workers with AI

In this episode, Leo interviews Andrew Senduk, Managing Director of WorkMate, a Singapore-based startup that connects over 600,000 blue-collar workers with over 800 enterprise clients across Asia.

Some key questions addressed:

1. How to build and grow successful startups in Indonesia?

2. How can companies adapt to the challenges of hyperlocalization?

3. What’s the biggest AI use case in workforce management?

4. How to align and balance building a healthy business and working with VCs?

The full episode will drop next Wednesday, 11th September.

Make sure you’re subscribed to get notifications → Youtube | Spotify | Apple  | RSS 

Did you know that even the top e-commerce companies like Amazon and eBay use hybrid search algorithms for better recommendations and improved experience? Giving users the perfect experience and making your users feel understood is essential, and that’s why hybrid search matters in 2024. 

Hybrid search is an advanced search technique that combines the strengths of traditional keyword search (keyword-based) with modern semantic search capabilities (intent-based).

There are plenty of hybrid search tools available in the market. Here, we deep dive into the three top hybrid search solutions that you will find worth checking out.

Check out this article → here.

📝 Episode 2 Review: “How close are we to an enterprise-ready AI experience?”

In the fast-paced world of artificial intelligence (AI), particularly in large language models (LLMs), advancements are happening at an unprecedented rate.

This recap explores recent developments in Google's approach to LLMs, including the shift towards incremental launches, the integration of innovative features, and the competitive landscape with global models. We also delve into the role of data, the advantages of first-party data, and what does an enterprise-ready AI experience require.

Check out this article → here.

News from Asia:

• China is catching up: Chinese chip capabilities just 3 years behind TSMC.

• South Korean chip startup Rebellions eyeing IPO end of 2025 after merger with Sapeon Korea.

• Japan to establish chip research center with Intel, to be built within 3-5 years

• Chinese scientists have built a new type of tensor processing unit (first to ever with carbon nanotubes) that is 1700x more energy efficient than Google’s Edge TPU.

• Sakana AI announced new $100 million-plus Series A; Nvidia amongst investors, with New Enterprise and Khosla Ventures leading.

News from the West:

• OpenAI’s ‘GPT-Next” is expected to be 100x more powerful than GPT-4, with a focus on efficiency.

• OpenAI is partnering with TSMC to build its own AI chips, booking A16 process node product slots.

• Ilya Sutskever, former OpenAI Chief Scientist and cofounder, has raised $1 billion for his new safety-focused AI research lab, Safe Superintelligence Inc. (A showdown between two former cofounders?)

• SparkLabs, an early-stage VC known for investing in OpenAI and Anthropic, closed a $50 million fund for backing AI startups.

• Yale commits $150 million into AI development for faculty, students and staff.

Trending Tools & Apps

1. You.com is an AI-powered search engine and productivity tool that aims to provide personalized and comprehensive search results focusing on complex queries and productivity tools. You can also create custom assistants for specific tasks or topics.

2. Spellar Pro bring you AI-powered meetings synced with Notion, Craft etc. where you can get personalized insights on your real-life speech and identify improvement areas, on top of automated meeting notes and summaries.

3. 10xlaunch, promises that by just adding a one-line script to your website, you can know exactly who's visiting your website – get names, emails, and LinkedIn profiles of your anonymous website visitors automatically as soon as they land on your website.

4. TheySaid is the world’s first conversational AI survey. Scan your website in seconds to generate meaningful survey questions.