The latest trends in AI, machine learning, and computer vision are being showcased at the 2024 Olympic Games in Paris, where cutting-edge technology is transforming various aspects of the event. Artificial intelligence is also being applied to athlete support, refereeing, and enhancing the viewer experience. Additionally, OpenAI co-founder John Schulman has left the company to join rival AI firm Anthropic, highlighting ongoing controversies surrounding OpenAI. The article discusses whether we are in a bubble for AI investments, suggesting that while similarities with past tech bubbles exist, there are crucial differences that suggest this time might be different. It also highlights innovative approaches to tackling high-dimensional data challenges and introduces the concept of "tail performance" in AI systems, which is critical for real performance. Furthermore, the article touches on recent releases from Meta, including SAM 2's data engine, which offers a masterclass in data engineering for computer vision.