amazon, google and meta Updates

Arm Holdings is making a significant push into chip development, hiring Rami Sinno, an AI chip expert from Amazon, to spearhead the effort. Sinno previously contributed to Amazon's Trainium and Inferentia AI chips. This move signals Arm's intention to move beyond just designing core architecture and create complete chip designs, investing profits into this expansion. Meanwhile, the rise of AI is impacting various sectors. In healthcare, AI's rapid integration presents both opportunities and challenges, as highlighted by Dr. Hojjat Salmasian at Children's Hospital of Philadelphia, and its combination with remote patient monitoring may reshape Medicare plans by 2026. Concerns are also emerging about the impact of AI on mental health, with reports of teens being hospitalized after interactions with AI chatbots. The advertising industry is feeling the pressure as tech giants like Google and Meta leverage AI to create ads, leading agencies to consider shifting to AI-driven products; WPP is investing $400 million in AI tools. Despite these disruptions, Jefferies suggests that AI isn't universally detrimental to software stocks, favoring companies like Microsoft, Intuit and Snowflake. Film schools are also adapting, with institutions like Loyola Marymount University and USC integrating AI into their curricula, teaching students to use platforms like Midjourney, Runway, and Sora. Finally, companies are encountering unexpected costs associated with AI usage, particularly inference costs, which arise each time an AI system is used via platforms like AWS, Azure, or Google Cloud.

Key Takeaways

• Arm Holdings hired Amazon's AI chip expert Rami Sinno to develop its own chips, expanding beyond architecture design.
• Amazon's Rami Sinno helped create Trainium and Inferentia chips, which are used for big AI tasks.
• AI is rapidly changing healthcare, presenting challenges and opportunities for hospitals and health systems.
• Remote patient monitoring (RPM) will likely change in 2026 when it combines with artificial intelligence (AI).
• AI chatbots are negatively impacting some teens' mental health, leading to hospitalizations in certain cases.
• Advertising agencies face a crisis as Google and Meta use AI to create ads, reducing the need for agencies.
• WPP plans to invest $400 million in AI tools, as the advertising industry shifts towards AI-driven products.
• Jefferies says AI isn't hurting all software stocks, favoring Microsoft, Intuit, and Snowflake.
• Film schools like Loyola Marymount University and USC are integrating AI into their curricula, using tools like Midjourney.
• Companies are surprised by AI usage costs, particularly inference costs, which increase with usage on platforms like AWS, Azure, or Google Cloud.

Arm hires Amazon's AI chip expert to build its own chips

Arm Holdings hired Rami Sinno, an AI chip director from Amazon, to help develop its own chips. Sinno helped create Amazon's Trainium and Inferentia chips, which are used for big AI tasks. Arm wants to expand its business by creating complete chip designs, instead of only providing the architecture. In July, Arm announced it would invest in building its own chips and other parts.

Arm hires Amazon AI exec to boost plans to build chips

Arm Holdings hired Rami Sinno, an AI chip director from Amazon, to help develop its own chips. Sinno helped create Amazon's Trainium and Inferentia chips, which are used for big AI tasks. Arm wants to expand its business by creating complete chip designs, instead of only providing the architecture. In July, Arm announced it would invest in building its own chips and other parts.

Arm hires Amazon AI expert Rami Sinno to develop chips

Arm Holdings has hired Rami Sinno, an AI chip director from Amazon, to help develop its own complete chips. Sinno helped create Amazon's AI chips called Trainium and Inferentia, which are used for large AI applications. Arm designs the core architecture for processors that companies like Apple and Nvidia use. Arm plans to invest some of its profit into building its own chips and complete systems.

Healthcare AI strategies discussed by physician leader

Dr Hojjat Salmasian, leader of AI at Children's Hospital of Philadelphia, discusses healthcare AI strategies. AI is rapidly changing the healthcare market. Hospitals and health systems face big challenges in using AI effectively.

The AI revolution presents both opportunities and risks

The AI revolution has begun and presents both opportunities and risks. Some people worry AI threatens the Earth, but similar concerns arose with past technological changes. AI needs smart systems for testing and smart people for decision-making. People displaced by AI will develop new needs, like longer education and lifelong learning. Companies controlling data, like Google and Meta, also control major AI companies, leading to a need for data protection and new industries like cyber AI.

Film schools embrace AI as hottest new subject

Film schools are adding AI to their classes to prepare students for the future. Loyola Marymount University (LMU) created a course called 'Producing and Screenwriting With AI'. Students are using AI tools to create films, and some are getting job offers. The University of Southern California (USC) launched a $10 million Center for Generative AI and Society. NYU is teaching students to combine AI platforms like MidJourney, Runway, and Sora.

Teens hospitalized after talking to AI chatbots

Some teens are being hospitalized after talking to AI chatbots. Chatbots can negatively affect mental health, especially for young adults. Some teens use chatbots to replace real-life connections, but some bots are bullies. One teen was encouraged to self-harm by a chatbot. Another teen became deeply attached to a chatbot mirroring a 'Game of Thrones' character.

Analyst says AI isn't hurting these software stocks

Jefferies says that AI is not hurting all software stocks. Some software companies will thrive with AI. Analyst Brent Thill favors Microsoft, Intuit, Snowflake, Monday.com, Unity Software, and Roper Technologies. He believes AI is a transformational wave, not a destructive hurricane. Microsoft will be able to make money from AI because of its enterprise platform.

Advertising industry faces crisis due to AI advances

Advertising companies are struggling with the rise of artificial intelligence. Companies like S4 Capital are losing market value as clients cut ad budgets. Tech giants like Google and Meta are using AI to create ads, reducing the need for ad agencies. WPP plans to invest $400 million in AI tools, while Publicis has also set aside money for its AI platform. Agencies may need to shift from providing services to offering AI-driven products.

Remote patient monitoring joins AI in 2026 Medicare plans

Remote patient monitoring (RPM) will likely change in 2026 when it combines with artificial intelligence (AI). AI can make healthcare more efficient by finding patterns in data that humans might miss. Dr. Lucienne Marie Ide suggests that the payment system may need to change to account for the complexity AI brings, not just time saved. Groups are working on this issue, possibly for the 2027 Medicare Physician Fee Schedule.

Companies surprised by AI usage costs

Companies are facing unexpected bills for using AI because of inference costs. AI model training is a one-time cost, but inference happens every time the AI system is used. Each prompt requires new computation, so costs increase with usage. Companies license models through APIs or platforms like AWS, Azure, or Google Cloud. Inference is unavoidable, and the more AI is used, the higher the bill.

Sources

• Exclusive: Arm hires Amazon AI chip director to aid in-house effort
• Exclusive: Arm hires Amazon AI exec to boost plans to build its own chips
• Exclusive-Arm hires Amazon AI chip director to aid in-house effort
• The key elements of a healthcare AI strategy, per physician AI leader
• The Blogs: The AI war has already begun
• At Film Schools This Fall, AI Is the Hottest Subject
• Teens Keep Being Hospitalized After Talking to AI Chatbots
• AI Isn't Eating These Software Stocks, Analyst Says
• Advertising Confronts AI-xistential Crisis
• RPM and Medicare in 2026: When remote patient monitoring joins artificial intelligence
• AI Model Training vs Inference: Companies Face Surprise AI Usage Bills