News Summary

• Google unveils new AI memory compression algorithm called TurboQuant.
• The internet is calling it ‘Pied Piper’ The joke is a reference to the fictional startup Pied Piper that was the focus of HBO’s “Silicon Valley” TV series that ran from 2014 to 2019.
• If successfully implemented in the real world, TurboQuant could make AI cheaper to run by reducing its runtime “working memory” — known as the KV cache — by “at least 6x”