IBM’S AI CHIP MAY FIND USE IN GENERATIVE AI

Summary from the TLDR newsletter

IBM's latest AI chip is more than a dozen times as energy efficient as conventional microchips on automated transcription tasks. It is capable of 12.4 trillion operations per second per watt. When tested on speech recognition tasks, the chip was able to perform as accurately as neural networks run on conventional hardware while completing the job seven times as fast and up to 14 more efficiently. The chip can support transformers and may be beneficial for many types of AI systems.