Good morning, AI enthusiasts. Welcome to The AI Briefing by MyPerfectAI.

We think AI newsletters need to be more concise - not full of overly-technical terminology and unnecessary detail. Professionals and businesses simply want to know how AI can be useful to them.

That’s why, in The AI Briefing, you can expect only the most important headlines, with bullet-point explanations, all simplified into non-technical language.

Let’s get started!

In today’s briefing:

Last week in AI:

• Nvidia's $500 Billion Shift to U.S. Manufacturing

• Perplexity AI's Ambitious Funding Plans

• Nvidia and xAI Join $30 Billion AI Infrastructure Fund

This week in AI:

• The Rise of Agentic AI: AI's Rapid Advancement in Task Completion

• UK Government Faces Pressure to Advance AI Safety Legislation

Nvidia's $500 Billion Shift to U.S. Manufacturing

• Nvidia plans to invest hundreds of billions to relocate a significant portion of chip manufacturing from Asia to the U.S. over the next four years

• The move is intended to strengthen supply chain resilience and align with U.S. trade policies

• Collaboration with companies like TSMC and Foxconn will establish advanced manufacturing facilities in the U.S. to mitigate geopolitical risks

Perplexity AI's Ambitious Funding Plans

• Perplexity AI is reportedly raising funding that could value the company at $18 billion, up from its previous valuation of $9 billion

• This reflects growing investor interest in AI-driven search engines as competition intensifies in this space

• The startup is looking to reshape the AI search landscape with its innovative approach to information retrieval

Nvidia and xAI Join $30 Billion AI Infrastructure Fund

• Nvidia and xAI, alongside Microsoft and BlackRock, have committed to a $30 billion AI infrastructure fund aimed at building critical data centers

• A new $4 billion data center in Abilene, Texas, will host 400,000 Nvidia AI chips, expected to be completed by mid-2026

• The collaboration signals a push to ensure sufficient infrastructure to handle the growing demands of large-scale AI models

The Rise of Agentic AI: AI's Rapid Advancement in Task Completion

• AI's ability to autonomously complete complex tasks is progressing faster than anticipated, with new models achieving a 50% success rate in completing tasks that take skilled humans ~50 minutes

• Since 2019, AI’s task completion time horizon has been doubling every 7 months, with acceleration observed in 2024. These advancements are largely driven by improved reasoning, tool use, and self-correction abilities

• By 2028-2031, AI could handle software tasks that currently take humans a month to complete, which could redefine productivity in fields like software engineering and research.

• This rapid shift towards agentic AI poses both a massive opportunity and increased governance challenges for businesses

UK Government Faces Pressure to Advance AI Safety Legislation

• Chi Onwurah, head of the UK's Commons technology committee, urges the government to expedite the AI safety bill requiring tech companies to submit AI models for regulatory testing

• The bill's delay is attributed to aligning with U.S. policies under President Trump, who opposes stringent AI regulations

• Concerns are raised about potential AI misuse and the need to address public apprehensions regarding technological threats

Trending AI Tool of the Week: Gemini

Google Gemini has significantly enhanced its capabilities, bringing it up to speed with the competition.
Here's a look at the exciting new features:

1. Image Generation: Create images with consistent styles, settings, and moods across multiple visuals, which is already gaining attention for its creative potential.

2. Expanded App Integration: Seamlessly perform tasks across Google Calendar, Notes, Photos, and more. For example, search for recipes on YouTube and directly add ingredients to your grocery list in one smooth action.

3. Canvas: An interactive tool that allows you to create and edit documents and code in real-time.

4. Audio Overviews: Transform detailed documents or presentations into personalized audio summaries, making them more engaging.

5. Gems: Customize your personal AI expert—this feature is now available to all users.

6. Personalized Answers: Receive responses tailored to your past searches (with the option to opt out).

7. Deep Research: Gemini can now gather and synthesize comprehensive information from the web, helping with in-depth research tasks.

8. Expanded Context Window: Enjoy longer, more productive interactions, improving its usefulness for tasks like long-form content creation.

9. Wider Access: Gemini is now available to use without the need to log in, offering greater convenience.

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