🛣️The Bulletin #48: The AI Chip Race, Apple's Project Titan Shifts Gears, and Exciting Professional Opportunities!
In this weeks bulletin we cover the AI Chip Race, the Apple car that never was, and cool professional opportunities!
💻 The AI Chip Race
In the tech world, the big dogs- Meta, Microsoft, Google, and NVIDIA- are in an all-out brawl, vying to become leaders in the AI chip race, bringing a new era of technological advancement. 🤖
Think of AI chips as the specialized engines powering the AI revolution. These processors are designed to handle the complex calculations needed for tasks including facial recognition, natural processing, and self-driving cars. Right now, it’s a Silicon Valley show-down with established giants like Nvidia leading the pack. 🥊 Their H100 chips, armed with the power of trillions of transistors, stand as the gold standard for training AI models. Other major players, including Meta, Microsoft, and Google, are diving headfirst into the race, investing heavily in their own AI chips to reduce reliance on Nvidia and unlock new levels of innovation. Beyond the expected names, trailblazing startups are also making waves. Companies like Cerebas Systems construct cutting-edge AI hardware with mind-boggling capabilities, boasting machines with millions of cores specifically designed for AI workloads.
Yet, amidst the excitement, it's crucial to consider the history of tech bubbles. Experts caution that the rapid influx of capital into the AI chip space could lead to an unsustainable bubble that might burst, leaving some players behind. 💡
🚗 Apple's Project Titan: The Road Less Traveled
Apple’s ambitious venture into the automotive industry, Project Titan, recently came to an unexpected halt (😉) after a decade of development. The project began with the goal of an Apple-designed electric car with self-driving capabilities, poised to revolutionize the automotive industry similarly to how the iPhone impacted the mobile phone industry.📲
However, after years of anticipation and substantial investment, Project Titan faced its share of challenges. Goals shifted and the project transitioned from the initial aim of a fully autonomous vehicle to a more realistic focus on a driver-assistance system.🚌 Leadership changes within the project’s hierarchy also introduced a lack of clear direction, while Apple’s famously secretive culture collided (😉) with the collaborative dynamics of the car industry.
Despite Project Titan's cancellation, Apple's commitment to shaping the future of transportation endures. The company maintains investments in autonomous driving technology and car-related software features, signaling that their vision for the future of mobility may manifest in different forms. While the road to an Apple-branded car may have detours (😉), the journey continues with a focus on adaptability and innovation in an ever-changing technological landscape. 🛣️
💼 Exciting Professional Opportunities
💻 Go to Boston with the Brown Consulting Club:
BCC is hosting a firm visit on March 15th to Boston Consulting Group and Bain and Company. We invite you on a day for insights on the firms, connect with current consultants, and engage with panelists.
Apply for the March 15th office visits to Bain & Company and Boston Consulting Group!
We will be taking the MBTA to travel to and from Boston, which will cost $24.50 round trip. Financial assistance is available upon request. Breakfast and lunch will be provided by the firms. This is a full-day event (8 AM - 5PM), so please plan accordingly.
The deadline to submit this application is March 6th 11:59 PM EST.
You will hear back from us if you are selected to attend this trip by March 8th.
Spots are limited. Please note that we will be hosting a second trip in late April with two other firms — applications for that trip will open later in the semester. Each student may only attend one trip.
🌲 Future of Sustainable Investing Conference:
Undergraduate and graduate students, professionals, recent alums, and all those interested in sustainable investing are invited to join us on Friday, March 8th, to drive critical conversations regarding the role of our financial systems in addressing 21st-century sustainability concerns. This will be an exclusive opportunity to sit side by side and discuss with industry professionals and academics what the future of sustainable investing, and business more broadly, should look like.
The conference will feature two renowned keynote speakers, six-panel discussions, lunch, workshop sessions, and networking opportunities. There will also be a career fair at the end of the day for students to interact directly with several of our sponsors, such as McKinsey, Sciens Asset Management, MN8, and Bain & Co. Attend one, some, or all sessions completely free of charge.
You can register for free through the following link: tinyurl.com/FSIcon2024.
More information can be found on our website: fsicon.com, on which we will post more information closer to the event. We can also be found on a variety of social media platforms found below.
Instagram: @FSIcon
Facebook: facebook.com/fsiconference/
LinkedIn: linkedin.com/company/fsicon
🏢 2024 Consult for America Business Case Competition Sponsored by Capital One
Capital One is pleased to sponsor the fifth annual UPenn Consult for America Case Competition. Students will have a chance to showcase their problem-solving skills and develop innovative solutions for the future of financial services. Along the way, we hope to give you a little window into what life is like working at Capital One through exclusive information sessions and networking sessions.
Competition Details
Eligibility: Students will enter as teams of 3 - 5 and must be enrolled as full-time, undergraduate university students. All students from any university are welcome to participate in the competition. Individual entries are permitted and will be matched with other individual entries to form a team.
Case Theme: Artificial Intelligence (AI) and Machine Learning (ML) in financial services. No previous technical or financial services background is required to participate. The exact prompt and supporting materials will be released the week of the competition.
Format: This case competition will be held virtually. Teams will be expected to prepare a show written presentation (10-15 slides) for review. Selected teams will then be invited to present their ideas to judges, followed by a short Q&A session. Registration: click here!
That’s it for this week, feel free to email me at lara_gamaleldin@brown.edu with any inquiries!
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