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šŸ’„ Microsoftā€™s major quantum breakthrough

šŸ”Ŗ Trump slashes 500 AI jobs

AI Report

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Thursdayā€™s issue is in partnership withā€¦

Innovating with AI

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šŸ”“ Thursdayā€™s AI Report:

  1. šŸ’„ Microsoftā€™s quantum computer breakthrough

  2. šŸ’¼ In partnership with Innovating with AI

  3. šŸ”Ŗ Trump slashes 500 AI jobs

  4. šŸ‡ Rabbit reveals AI agent

  5. šŸ” In partnership with Incogni

  6. āš™ļø Trending AI Tools

  7. šŸ—ļø Practical AI Applications

  8. šŸ“‘ Recommended Resources

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šŸ“ˆ AI STOCK TRACKER

Stock Tracker

AI and tech stocks experienced some modest gains, with the S&P 500 rising 0.2% to a record close, driven by a 1.25% increase in Microsoft shares following advancements in quantum computing, while other major tech stocks saw slightly mixed performances.

LATEST IN AI

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šŸ’„ Microsoftā€™s quantum computer breakthrough

 

šŸšØ Our Report ā€” Microsoft has revealed the worldā€™s first quantum chipā€”Majorana 1ā€”thatā€™s powered by a new material (called a topoconductor) that uses the principles of quantum mechanics to process information and perform calculations much faster than regular chips in regular computers can, taking us a step closer to developing quantum computers which can solve industrial-scale, real-world problemsā€”like unlocking discoveries in drugs or chemistry, for exampleā€”which was something which many experts (including NVIDIA CEO, Jensen Huang) felt was decades away, not years, as Microsoft now believes, with its huge breakthrough.

šŸ”“ Key Points:

  • Microsoft's topoconductor material creates a new state of matter (thatā€™s not a solid, liquid, or gas) that can produce quick, small, reliable, and scalable qubitsā€”the delicate building blocks for quantum computers.

  • Qubits are unscaleable/prone to error, so Microsoft believes this breakthrough is the pathway to developing quantum systems that can scale to 1M qubits (the threshold for quantum computers to deliver real-world solutions).

  • The Majorana 1 chip isnā€™t ready for commercialization, as Microsoft is running a small-scale production operation (instead of using a 3rd-party), but it will be collaborating with Labs/Universities to continue its research.

šŸ” Relevance ā€” Microsoft has spent nearly two decades researching and developing this chip, and its topoconductor material has the potential to be as revolutionary as the development of the semiconductorā€”which made smartphones, computers, and electronic devices possibleā€”although experts feel more data is needed before the significance of this breakthrough and the effect on quantum computing can be properly determined.

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TOGETHER WITH INNOVATING WITH AI

Innovating with AI

The AI consulting market is about to grow by a factor of 8X ā€“ from $6.9B to $54.7B in 2032.

But how does an AI enthusiast become an AI consultant?

How well you answer that question makes the difference between just ā€œhaving AI ideasā€ and being handsomely compensated for your contribution to an organizationā€™s AI transformation.

Thankfully, you donā€™t have to go it alone ā€“ our friends at Innovating with AI have welcomed 300 new students into The AI Consultancy Project, their new program that trains you to build a business as an AI consultant.

Some of the highlights current students are excited about:

  • The tools and frameworks to find clients and deliver top-notch services

  • A 6-month plan to build a 6-figure AI consulting business

  • Students getting their first AI client in as little as 3 days

And as a reader of The AI Report, you get early access to the next enrollment cycle.

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šŸ”Ŗ Trump slashes 500 AI jobs

Trumpā€™s AI job cuts begin

šŸšØ Our Report ā€” After reversing Bidens AI Executive Order on his first day at the White House, and calling Bidenā€™s $53B AI CHIP initiative ā€œso bad,ā€ President Trump is preparing to make huge staff cuts across The National Institute of Standards and Technology (NIST), which was responsible for implementing key initiatives under the Biden administration, including the AI CHIP initiative and setting standards for safe AI development.

šŸ”“ Key Points:

  • Reportedly, around 500 NIST staff are "bracing to be fired imminently," which is expected to gut the entire AI Safety Institute (AISI), which was responsible for evaluating the security of emerging AI models.

  • The cuts will impact more than AI safety and regulation, as those involved in the CHIPS initiative (which incentivized and funded AI chip manufacturing and development in the US) are also facing the chop.

  • Trump noticeably didnā€™t include any staff from the AISI at the Paris AI Summit last weekā€”which focused on AI safetyā€”and the cuts come just weeks after the AISI Director stepped down, due to political pressure.

šŸ” Relevance ā€” Many have been left confused by Trumpā€™s decisionā€”especially if ā€œmost staffā€ working on the CHIPS initiative will be firedā€”as Trump has previously been very vocal about AI chip production being the key to gaining an AI advantage over China.

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šŸ‡ Rabbit reveals AI agent

  • As Humane and its AI Pin die a slow death, Rabbit, the makers of the Rabbit R1 (also positioned as a smartphone alternative) have shown theyā€™re very much alive and kicking after revealing a ā€œversatile, Android agent.ā€ 

  • Engineers showed how the agent can control apps on Android tablets (which the R1 was supposed to do a year ago, but couldnā€™t), although they didnā€™t use an R1 device to demo this, they inputted commands via a laptop.

  • The demo showed the agent finding videos, searching for recipes, and adding items to a Google Keep shopping list, however, it was slow at times and was prone to error, indicating thereā€™s still work to be done.

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TOGETHER WITH INCOGNI

Youā€™ve likely received a sketchy call, text, or email asking for $$$. It might've been easy to spot, but with deepfakes and AI, scams are getting trickier.

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Plus: AI Tool Report readers get an exclusive 55% off all annual plans with the code AITOOL

TRENDING AI TOOLS

  1. Clay combines data from 100+ data sources to enable deep customer research so you can target customers with fewer messages ā­ā­ā­ā­ā­ / 5 (G2)

  2. Kin is a personal AI that provides personalized support and guidance

  3. Theo collates business information into an AI-ready format

PRACTICAL AI

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LIVE Q&A

Live Q&A

ā“ Who: Jake George. Jake is an AI agent expert and founder of Agentic Brain, which builds custom AI agents that understand your business and are trained on cutting-edge data and tactics, so you can automate your pipeline without increasing headcount.

āŒš When: Friday 21st February, at 11 AM EST

šŸŽ“ Where: Skool

šŸ™‹ā€ā™‚ļø What: Tomorrow, and every Friday, AI agent expert, Jake George, will be going Live, on Skool, to answer any question you have about AI agents.

ā€¼ļøFor more information about this, and our future Live AI Q&A sessions, visit us at Skool.

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RECOMMENDED RESOURCES

STARTUPS

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