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BuildPrompt-Newsletter_November-21-Header

ProRata Reforms Media Content Licensing

ProRata, a US-based AI start-up, is tackling the fairness of media licensing through innovative revenue-sharing agreements. Valued at $130 million, it partners with publishers like The Guardian and Sky News to ensure equitable compensation for content. By sharing subscription revenues and pioneering AI-powered search, ProRata aims to resolve disputes between tech and media industries.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Nvidia’s Stellar Growth Sustains AI Leadership

21/11/2024

Nvidia, the AI chip leader, reported an impressive $35 billion in quarterly revenue, exceeding expectations and showcasing 94% year-over-year growth. CEO Jensen Huang emphasized AI’s transformative potential, likening Nvidia’s role to fuelling a new industrial revolution. With soaring demand for its Blackwell chips, Nvidia remains the dominant player in a multi-trillion-dollar AI industry.

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AlphaQubit: A Quantum Leap in Error Correction

21/11/2024

Google’s AlphaQubit leverages AI to revolutionize quantum error correction, enhancing reliability in quantum computing. By accurately identifying qubit errors, it outperforms traditional methods, setting a new benchmark in accuracy. Though challenges like speed and scalability remain, AlphaQubit marks a critical step towards practical quantum computing, unlocking potential for breakthroughs in fields like drug discovery and material design.

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AI Replicas: Creating Digital Twins of Your Personality

21/11/2024

Stanford and Google DeepMind researchers have developed AI models capable of replicating human personalities with 85% accuracy after just a two-hour interview. These “simulation agents” aim to revolutionize social science research, but raise ethical concerns over misuse. The breakthrough highlights AI’s potential for personalized digital twins while prompting discussions on its implications.

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AI Model Fuses Art and Science to Innovate Materials Design

Professor Markus Buehler’s AI model combines generative techniques and graph theory to reveal hidden links between fields like art and biology, enabling novel materials discovery. By analysing diverse data, the AI suggested new, adaptable materials inspired by abstract art and biological structures, offering applications in sustainable design and biomedicine.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Denmark Pioneers AI Usage Framework Under EU Law with Microsoft’s Support

14/11/2024

Denmark launched a framework, backed by Microsoft and major Danish firms, to guide responsible AI use under the EU’s AI Act. Led by Netcompany, the initiative provides best practices for compliant, secure AI deployment in regulated sectors, focusing on risk mitigation, secure data storage, and workforce training to enhance EU-wide AI standardisation.

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Microsoft Introduces Magentic-One: A Multi-Agent AI for Autonomous Web Browsing and Coding

14/11/2024

Microsoft’s new Magentic-One AI agent, released as open-source, enables business users to complete diverse tasks autonomously. Using an ‘Orchestrator’ agent that manages four specialised agents — WebSurfer, FileSurfer, Coder, and ComputerTerminal — Magentic-One aims to handle complex, generalist workflows. Though promising, challenges remain in delivering human-level accuracy for intricate tasks.

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Oasis: The First AI-Generated Video Game Brings Surreal Experiences to Gamers

14/11/2024

Oasis, an AI-generated game inspired by Minecraft, showcases the potential—and quirks—of generative AI in gaming. Developed by Decart and Etched, Oasis uses a transformer model to create each frame based on previous ones, yielding an ever-morphing world. Players are captivated by its bizarre visuals and unpredictable gameplay, highlighting AI’s unique but still developing role in game design.

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UK Government Launches AI Chatbot for Business Support on Gov.UK, but Initial Results Are Mixed

The UK government has introduced an AI chatbot on Gov.UK, aimed at guiding business users through complex regulations. Powered by GPT-4o, it provides quick responses but avoids predictions, opinions, and politically sensitive answers. While generally helpful, its accuracy and scope remain limited, with some responses occasionally “hallucinating” or missing key information.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Microsoft Adds AI Text Editing to Notepad and Expands AI Tools in Paint

07/11/2024

Microsoft is launching “Rewrite,” an AI-powered text-editing tool, in Notepad for Windows Insiders. This feature allows users to adjust sentence tone, length, and phrasing. Alongside this, Paint gains AI-driven “Generative Fill” and “Generative Erase” capabilities for image editing. Both updates are now available in preview on Windows 11 in select regions.

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Saudi Arabia Plans $100 Billion AI Project, “Project Transcendence,” to Become AI Leader

07/11/2024

Saudi Arabia is planning “Project Transcendence,” a $100 billion AI initiative aimed at positioning the kingdom as an AI hub, competing with regional leaders. This project will invest in data centres, start-ups, and infrastructure while attracting talent and tech companies. Modelled after similar high-capital ventures, it aligns with Saudi’s Vision 2030 diversification strategy.

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Meta Permits Llama AI Use for US National Security Amid Global AI Race

07/11/2024

Meta will allow US national security agencies and defence contractors to use its Llama AI model, overriding previous restrictions on military and espionage applications. This exception, extending to allies like the UK and Canada, aims to bolster US leadership in AI against competitors like China. Tech firms increasingly view defence AI contracts as vital amidst soaring government demand.

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Sana Raises $55M to Expand AI Knowledge Platform with CTRL Acquisition

Swedish AI startup Sana secured $55M in Series C funding, led by NEA, reaching a $500M valuation. The funding supports Sana’s acquisition of CTRL, boosting its enterprise knowledge platform that indexes and searches company data. Sana’s tools serve 300+ clients, including Novartis and Merck.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Alphabet Reports 15% Revenue Growth, AI Drives Cloud and Ad Success Amid Legal Hurdles

31/10/2024

Google parent Alphabet exceeded analyst forecasts with a 15% revenue growth, powered by gains in digital ads and a 35% rise in Google Cloud. CEO Sundar Pichai highlighted AI’s role in this success, while acknowledging rising capital expenditures and ongoing antitrust challenges, including a potential Android division breakup.

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Apple Rolls Out New AI Features for iPhones, But Only for Latest Models

31/10/2024

Apple’s AI suite, Apple Intelligence, launched with the iOS 18.1 update, bringing features like enhanced Siri, message-writing assistance, and image cleanup tools. Limited to the newest iPhone 16 and select iPhone 15 models, users must join a waitlist to access the tools. Apple plans additional AI features, including image generation, later this year.

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Founders Fund Leads $500M Investment in AI Cloud Startup Crusoe Energy, Valued at $3B

31/10/2024

Crusoe Energy, an AI-focused data centre start-up, has raised $500 million, led by Peter Thiel’s Founders Fund, valuing the company at $3 billion. Crusoe supplies cloud infrastructure for AI, leveraging Nvidia GPUs and sustainable power from waste gases. Recent deals include a $3.4 billion agreement with Blue Owl Capital for a Texas data centre.

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British Google AI Boss Sir Demis Hassabis Among Scientists Awarded Nobel Prize for Chemistry

Sir Demis Hassabis, CEO of Google DeepMind, has been awarded the Nobel Prize in Chemistry alongside Americans Prof David Baker and Dr John Jumper. Recognized for their groundbreaking work in decoding and designing protein structures using AI, their research advances drug development and highlights AI’s growing impact on science.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Rise of the Robots: AI to Shape UK Defence Review

10/10/2024

The UK Ministry of Defence is employing a custom-built AI program from Palantir to sift through submissions for its Strategic Defence Review—the first use of AI for a major government review. While officials praise the move for increasing efficiency, experts and industry figures warn it could overlook key inputs, pose cybersecurity risks, and be vulnerable to manipulation.

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HSBC Exec Warns of AI 'Success Theatre' in Finance Sector

10/10/2024

HSBC’s head of generative AI, Edward J. Achtner, cautioned that many financial firms are overstating their AI achievements without tangible results, calling it “success theatre.” Speaking at a London tech event, he emphasized the need for careful and clinical application of AI, while other industry leaders echoed concerns over AI hype and stressed cautious integration.

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Meta Expands AI Chatbot to Brazil, UK, and Other Countries

10/10/2024

Meta is extending its AI chatbot to Brazil, the UK, and several other nations, adding support for languages like Arabic, Indonesian, Thai, and Vietnamese. The company also unveiled “Meta Movie Gen” for custom video creation and enhanced its AI voice features with celebrity voices, aiming to boost personalised user interactions in eCommerce.

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OpenAI Restructuring: Sam Altman Set to Receive Equity in For-Profit Shift

OpenAI plans to restructure into a for-profit benefit corporation, removing the non-profit board’s control. CEO Sam Altman will receive equity in the for-profit entity, which could be valued at $150 billion. This move could reshape governance and attract more investors while raising concerns about AI safety oversight.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Meta's AI Chatbot Gets Voices of Judi Dench and John Cena, Plus New AR Glasses Unveiled

26/09/2024

Meta announced that Dame Judi Dench and John Cena will voice its AI chatbot, along with other celebrity voices. CEO Mark Zuckerberg introduced the company’s AR glasses prototype, Orion, and new features for the Meta AI chatbot. Meta continues investing billions in AI and metaverse technologies, with 400 million users engaging with Meta AI monthly.

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Terminator Director James Cameron Joins AI Firm StabilityAI to Advance CGI Innovation

26/09/2024

Filmmaker James Cameron, known for The Terminator and Avatar, has joined StabilityAI’s board to focus on using AI in CGI for film production. While some creatives criticize AI-generated video, Cameron sees potential in generative AI for visual storytelling. StabilityAI faces competition in the growing AI video generation space.

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Meta and Apple Decline EU’s AI Pact, Citing Regulatory Concerns

26/09/2024

Meta and Apple opted out of the EU’s AI Pact, a voluntary initiative to implement AI regulations ahead of the EU’s AI Act. Their absence reflects growing concerns among tech giants about Europe’s regulatory hurdles. Despite this, 115 companies, including Amazon, Google, and OpenAI, signed the Pact during its launch.

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Apple's Private Cloud Compute: A New Era for AI Privacy

Apple’s latest innovation, Private Cloud Compute, promises to revolutionise AI privacy with enhanced security features. By combining on-device processing with secure cloud infrastructure, it aims to safeguard user data while maintaining the efficiency of generative AI. Here’s how Apple’s bold approach is setting a new standard for privacy.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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EU Investigates Google's AI Data Compliance

12/09/2024

Ireland’s Data Protection Commission (DPC) has launched an investigation into Google’s use of EU citizens’ personal data in training its AI model, PaLM 2. This inquiry is part of a broader effort to ensure AI development complies with EU privacy laws. Here’s what the probe could mean for AI in Europe.

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BP Expands AI Capabilities with Palantir Partnership

12/09/2024

BP has signed a five-year deal with Palantir to enhance decision-making through AI, building on their decade-long partnership. By leveraging large language models and “digital twin” technology, BP aims to optimise operations across its oil and gas sites, improving performance while ensuring safe, reliable AI deployment.

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Amazon Invests £8 Billion to Boost UK Cloud and AI Infrastructure

12/09/2024

Amazon Web Services (AWS) is set to invest £8 billion over five years to build data centres in the UK, expanding its cloud and AI capabilities. This move aims to support British businesses’ growing adoption of AI and cloud technology, amidst increasing regulatory scrutiny of the cloud market.

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Safe Superintelligence Startup Raises $1 Billion to Advance AI Safety

Safe Superintelligence (SSI), co-founded by Ilya Sutskever, former OpenAI chief scientist, has raised $1 billion in funding. The startup focuses on developing AI systems that prioritize safety, aiming to prevent harm from advanced AI. With investors like Andreessen Horowitz and Sequoia Capital, SSI is poised for rapid growth.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Australia Proposes AI Act with Mandatory Guardrails to Ensure Safety and Trust

05/09/2024

The Australian government is considering an AI act to regulate high-risk artificial intelligence. Industry minister Ed Husic has proposed ten “mandatory guardrails” focused on human oversight, transparency, and accountability. This regulation aims to build public trust and ensure businesses deploy AI safely, following the EU’s lead in comprehensive AI governance.

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Nvidia Invests in Japan's AI Unicorn Sakana AI, Boosting Valuation to Over $1 Billion

05/09/2024

Nvidia has invested tens of millions in Tokyo-based Sakana AI, a generative AI startup, as part of a $137 million funding round. This brings Sakana AI’s valuation to over $1 billion, making it Japan’s fastest unicorn. The collaboration aims to foster AI research and power-efficient models tailored to Japan’s unique needs.

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Wiley Set to Earn $44M from AI Partnerships, No Opt-Out for Authors

05/09/2024

Academic publisher Wiley will earn $44 million from AI rights deals, providing tech companies access to its authors’ work for training large language models. Wiley confirmed there is no opt-out for authors, who will be compensated based on their contracts. The move follows controversy over similar AI deals in the publishing industry.

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AI Unicorn ElevenLabs Chooses London for European HQ

ElevenLabs, one of the UK’s most valuable AI startups, has selected central London’s Wardour Street for its new European headquarters. The Soho office will initially house 20 employees, with plans to expand to 40 within six months and eventually reach 100. The company, valued at $1.1 billion after an $80 million Series B round, will also launch an incubator to support London-based startups working with AI-powered audio. This move underscores London’s growing importance as a global AI hub, following similar investments from companies like OpenAI, Microsoft, and C3.ai in the city’s thriving tech ecosystem.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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OpenAI Develops Advanced Reasoning AI under Project 'Strawberry'

15/08/2024

OpenAI is secretly working on a new AI model called “Strawberry,” designed to enhance reasoning capabilities beyond current models. The project aims to enable AI to autonomously navigate the web and perform complex research tasks, marking a significant leap towards advanced AI reasoning. Details remain undisclosed, but the project builds on existing AI techniques, including a method similar to Stanford’s “Self-Taught Reasoner” (STaR). OpenAI has been hinting at this breakthrough to select developers, positioning Strawberry as a key step in overcoming AI’s current limitations in reasoning and planning.

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Black Forest Labs Powers Controversial AI Image Generator for Elon Musk's Grok

15/08/2024

Black Forest Labs, a German startup, is behind the new AI image-generation feature in Elon Musk’s Grok chatbot, known for its minimal safeguards. Launched on August 1 with $31 million in seed funding, the startup’s FLUX.1 model allows users to create unfiltered images, contributing to a surge of controversial content on X. Black Forest Labs, founded by former Stability AI researchers, aims to challenge established AI models like OpenAI’s DALL-E. The collaboration with Musk’s xAI reflects a shared vision of reducing AI safeguards, raising concerns about misinformation on the platform.

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Sahara AI Raises $43M in Samsung NEXT-Backed Funding Round

15/08/2024

Sahara AI, a startup combining blockchain and AI, secured $43 million in a Series A round led by Pantera Capital, Binance Labs, and Polychain Capital, with support from Samsung NEXT. Founded in April 2023, Sahara AI aims to decentralize the AI ecosystem, rewarding users, data sources, and AI trainers through its blockchain platform. The funds will be used to expand its global team and developer ecosystem. CEO Sean Ren highlighted the platform’s focus on transparency and ethical concerns, contrasting with centralised AI models that often lack user compensation and protection.

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OpenAI Launches ChatGPT Voice Mode and it’s Speaking Volumes

OpenAI’s ‘Advanced Voice Mode’ release for select ChatGPT Plus users signals a seismic shift in the AI assistant landscape. Likely built on unreleased OpenAI technology, far beyond GPT-4’s functionalities, this voice feature senses emotions and offers a seamless, multimodal interaction – largely surpassing Siri’s current output. This release signifies the gradual shift in user behaviour from traditional input methods (type, click) to voice capture as a potentially far greater interface, strengthening Open-AI’s position in terms of multi-modal capabilities.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Figure 02 Humanoid Robot: Reshaping the Future Labour Market

08/08/2024

The $2.6 billion valued startup Figure AI has released its latest autonomous humanoid robot, the Figure 02. Leveraging OpenAI’s speech-to-speech model reasoning and visual decision-making, this commercial-grade AI hardware was recently demonstrated operating independently in a BMW production line. As Figure CEO Brett Adcock envisions a billion-strong humanoid workforce, this release signposts a transformative shift in how we perceive and utilise robotics in the labour market. 

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The Global Race for AI Supremacy: Nations Fortify Their Compute Power

08/08/2024

As nations fiercely compete for AI sovereignty, the race to build strategic data centre clusters for computing capabilities intensifies. From Saudi Arabia to Kazakhstan, governments are investing billions into domestic cloud computing by partnering with US tech firms to consolidate their digital infrastructure. These US suppliers are ramping up production to ensure they remain the preferred suppliers, outpacing Chinese rivals in this high-stakes digital arms race. 

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TikTok’s Open-AI Sora Competitor, Jimeng AI

08/08/2024

Amid the US-China tech rivalry, ByteDance has launched Jimeng AI – a text-to-video generative model that directly challenges OpenAI’s unreleased Sora. Backed by TikTok’s deep pockets and extensive video data library, Jimeng AI converts text prompts into short video clips, showcasing China’s strides in AI despite foreign regulatory constraints. This release signifies a wider industry improvement in text-to-video model proficiency, including Runway’s Gen-3 Alpha model, setting the stage as the next frontier in generative AI iterations.

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Apple's AI Rollout Delay: Apprehension Surrounds iOS Update

Apple’s AI features, including an upgraded Siri, ChatGPT integration, and ‘Notes’ summarisation, will miss iOS 18, with a full rollout delayed to next year due to software concerns. Beta testers report improvements in Siri and writing capabilities, though complex queries remain challenging. This delay balances speed-to-market with software reliability.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Perplexity’s Publisher Partnership: An Equitable Revenue Program

01/08/2024

Continued pressures surrounding unlicensed synthetic content has led to the Perplexity Publishers’ Program. Initial partnerships with publishers like Time and Fortune will provide compensation for cited content in AI responses, adding “double-digit percentages” of ad revenue. This initiative promotes fairness in generative search through licensing agreements, although regulation uncertainty remains.

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Runway's Gen-3 Alpha: Revolutionising Image-to-Video AI 

01/08/2024

Runway unveils Gen-3 Alpha, a pioneering image-to-video model that transforms still images into short videos. The Sora rival boasts high fidelity, consistency, and motion. Backed by Google and NVIDIA, the company is valued at $1.5 billion. However, concerns arise over training data sourced from YouTube without permission. 

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AI Takes Center Stage at the Paris 2024 Olympics

01/08/2024

The 2024 Paris Olympics showcase AI’s transformative power in sports. From AthleteGPT’s 24/7 support to 3D tracking for biomechanical insights, AI redefines athlete assistance. It also combats online abuse and automates highlights, marking a new era in global sporting events since the Olympics AI Agenda launch in April.

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Meta’s Open-Source AI Model Llama 3.1 Challenges Leading Rivals

Meta introduces Llama 3.1, an open-source AI model competitive with top-tier counterparts from OpenAI and Anthropic. This model allows developers to customize, train, and fine-tune it without sharing data with Meta. It promises broader access to generative AI’s benefits, ensuring equitable technology deployment.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Google AI Revolutionizes Climate Prediction with Hybrid Model

25/07/2024

Google Research unveils NeuralGCM, a hybrid AI model that predicts long-term climate trends and weather in minutes. Combining machine learning with traditional physics-based methods, it outperforms other AI tools and reduces energy consumption. This innovation promises faster, more accurate forecasts, enhancing preparedness for extreme weather events.

https://www.nature.com/articles/d41586-024-02391-9

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Microsoft Partners with Lumen to Boost AI Data Center Capabilities

25/07/2024

Microsoft collaborates with Lumen Technologies to enhance its data centre network amidst rising AI demands. Lumen will leverage Microsoft’s cloud for its digital transformation, while Microsoft benefits from Lumen’s robust network infrastructure. This partnership aims to cut costs, improve offerings, and create new solutions, driving significant cash flow improvements and enhancing customer experiences.

https://www.pymnts.com/artificial-intelligence-2/2024/microsoft-taps-lumen-to-meet-ai-data-center-demands/

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London VC Invests in AI Dental Startup Pearl’s $58M Round

25/07/2024

Pearl, a California-based dental AI start-up, secures $58 million in Series B funding led by Left Lane Capital. The investment will enhance Pearl’s AI technologies, expand its product line, and increase global access to AI in dentistry. Pearl’s FDA-cleared software improves diagnostic accuracy and patient engagement, revolutionising dental care standards.

https://www.businesswire.com/news/home/20240724200226/en/Pearl-Raises-Largest-Ever-Investment-in-Dental-AI-with-58-Million-Round

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UK's New Government to Regulate Powerful AI Models

The UK’s new Labour government plans to regulate powerful AI models, focusing on establishing appropriate legislation without proposing specific laws. Prime Minister Keir Starmer’s legislative agenda includes AI regulation among 35 new bills. The cautious approach aims to maintain the UK’s competitive edge in AI regulation while addressing rapid AI advancements.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Chinese AI Models Under Regulatory Review for Compliance with Core Socialist Values

18/07/2024

Chinese regulators are reviewing generative AI models to ensure adherence to core socialist values, focusing on responses to politically sensitive topics. The Cyberspace Administration of China (CAC) is testing models from tech giants and startups, reviewing training data and safety processes. Compliance challenges include filtering sensitive content and adhering to censorship policies.

https://www.cnbc.com/2024/07/18/chinese-regulators-begin-testing-genai-models-on-socialist-values.html

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TSMC Raises Revenue Forecast Amid AI Demand, Rejects US Joint Venture

18/07/2024

Taiwan’s TSMC, the leading contract chipmaker, raised its 2024 revenue forecast due to high AI chip demand, expecting growth in the mid-20% range. Despite U.S. expansion, TSMC rejected a joint venture in the U.S. TSMC’s Q2 net profit exceeded expectations, driven by strong AI and smartphone chip demand.

https://www.cnbc.com/2024/07/18/tsmc-q2-2024-earnings.htmlh

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Nvidia and Pfizer Lead $80 Million Funding for Israeli Medical AI Firm CytoReason

18/07/2024

CytoReason, an Israeli AI company developing disease models, raised $80 million in a funding round led by Nvidia and Pfizer. The investment aims to expand CytoReason’s AI models into new indications and grow its data capabilities. The company plans to open a Cambridge, Massachusetts office and deepen its collaborations with major pharma companies.

https://www.reuters.com/technology/artificial-intelligence/nvidia-pfizer-lead-80-mln-funding-israeli-medical-ai-tech-firm-cytoreason-2024-07-17/

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Index Ventures Raises $2.3bn to Chase AI Breakthroughs

Index Ventures has secured $2.3 billion to capitalize on advancements in artificial intelligence. The venture capital firm, which has significantly invested in AI, plans to allocate funds to both early-stage start-ups and later-stage companies. This funding highlights the growing emphasis on AI’s transformative potential across various sectors.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Microsoft Quits OpenAI Board As Regulators Crack Down On Big Tech’s AI Dealmaking

11/07/2024

Microsoft has stepped down from OpenAI’s board amid increasing regulatory scrutiny over Big Tech’s influence in AI investments. This move comes as global regulators, particularly in the U.S. and Europe, intensify their examination of antitrust issues in the tech industry, prompting companies to reevaluate their AI-related partnerships and investments.

https://www.forbes.com/sites/roberthart/2024/07/10/microsoft-quits-openai-board-as-regulators-crack-down-on-big-techs-ai-dealmaking/

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OpenAI and Arianna Huffington Collaborate on ‘AI Health Coach’

11/07/2024

OpenAI and Arianna Huffington have partnered to develop an “AI health coach” through Thrive AI Health. The bot, aimed at providing personalized health insights, will leverage peer-reviewed science and user-provided health data. Thrive AI Health seeks to offer accessible health guidance while addressing concerns over data privacy and accuracy in AI-driven health advice.

https://www.theverge.com/2024/7/9/24194450/openai-sam-altman-arianna-huffington-thrive-ai-health

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Microsoft and Occidental Sign Carbon Credit Deal to Offset AI Energy Surge

11/07/2024

Microsoft and Occidental Petroleum have entered into a significant carbon credit deal to address rising emissions from AI expansion. The agreement involves 500,000 carbon credits over six years, leveraging Occidental’s direct air capture technology. This initiative reflects Big Tech’s struggle to meet climate goals amid increasing energy demands from AI infrastructure.

https://www.ft.com/content/9e19353c-22ec-4790-b7b7-b5121c5a6258

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Google’s Emissions Surge Amid AI Expansion

Google’s greenhouse gas emissions have surged 48% over five years due to increased energy demands from data centres powering AI technologies. The tech giant’s goal of achieving net zero emissions by 2030 faces challenges, with 2023 emissions up 13% from the previous year, driven primarily by data centre and supply chain energy use.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Magic AI Startup Pursues $1.5 Billion Valuation in New Funding Round

04/07/2024

Magic, a U.S. AI coding startup, seeks a $1.5 billion valuation in its latest funding round, aiming to raise over $200 million. Despite no revenue and no product yet, investors like Jane Street are expected to participate, potentially tripling Magic’s valuation from its last round in February.

https://www.ft.com/content/414e912f-c50c-4bc8-b3a2-b9ac36c34ebb

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Revolut's Nik Storonsky Launches AI-Powered $200 Million VC Firm

04/07/2024

Revolut CEO Nik Storonsky has launched QuantumLight, a $200 million AI-driven venture capital firm, investing in early-stage startups with minimal human input. Founded in 2022, the firm has invested in nearly a dozen companies, including Rad AI, positioning itself as a unique player in the venture capital market.

https://fortune.com/europe/2024/07/03/billionaire-revolut-ceo-nik-storonsky-launches-vc-firm-powered-by-ai/

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Brazil Blocks Meta from Using Social Media Posts to Train AI

04/07/2024

Brazil has blocked Meta from using Instagram and Facebook posts to train AI models, following a similar move in the UK and Europe. The national data protection agency suspended Meta’s privacy policy over concerns about potential damage to users’ rights. Meta must amend its policy within five days or face daily fines.

https://www.bbc.co.uk/news/articles/c7291l3nvwvo

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OpenAI Restricts API Access in China Amid US Tech Tensions

In response to OpenAI restricting API access in China amid US tech tensions, Chinese firms are offering developers free tokens and migration services from the platform. While the US aims to stifle China’s AI development, belief remains that these restrictions will boost the nation’s AI industry by developing its LLMs. 

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Anthropic’s Claude 3.5 Sonnet Secures Top Spot in the Chatbot Arena

27/06/2024

Claude 3.5 Sonnet is making waves in the AI landscape, surpassing competitor models like OpenAI’s GPT-4o and Google’s Gemini 1.5 on academic, coding and mathematical parameters. Operating at twice the speed of Claude 3 Opus, the model uses advanced processing to solve notably complex and creative tasks.

https://www.anthropic.com/news/claude-3-5-sonneth

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AI Innovation Drives Amazon’s $2 Trillion Valuation

27/06/2024

Amazon’s market cap hit $2 trillion for the first time, making it the fifth most valuable company globally. The firm’s success is driven by advanced GenAI use, higher cloud spending, and cost savings, with AWS’s robust AI infrastructure leading the cloud services industry, accounting for 17.1% of company revenue.

https://www.forbes.com/sites/dereksaul/2024/06/26/amazon-is-a-2-trillion-company-for-first-time-ever/h

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Apple Forecloses Meta Partnership Talks Over Data Privacy Concerns

27/06/2024

Despite recent speculation, Apple has publicly denied any Meta partnership talks for its new personalised software system ‘Apple Intelligence’ amidst data privacy concerns. Instead, Apple is seeking to collaborate with AI start-ups like Anthropic and Perplexity, in addition to OpenAI, to integrate their latest generative models into Apple products.

https://finance.yahoo.com/video/apple-rejected-metas-pursuit-ai-150635094.htmlh

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Growing Global Distrust in AI-Generated News, Reuters Report Reveals

A Reuters Institute report finds increasing global concerns over AI-generated news, with 52% of U.S. and 63% of UK respondents uncomfortable with AI-produced content, especially on sensitive topics. The report also highlights challenges in maintaining news subscriptions and the rising influence of news influencers on platforms like TikTok.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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India Attracts Big Tech Investments to Boost AI Infrastructure

20/06/2024

India aims to become an AI hub as Microsoft and Amazon commit nearly $17 billion to build data centres. Incentives and a skilled workforce drive this growth, with Microsoft planning $3.7 billion in Telangana and Amazon $12.7 billion by 2030. This surge may impact the environment due to high resource demands.

https://www.ft.com/content/414e912f-c50c-4bc8-b3a2-b9ac36c34ebb

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Microsoft Delays Controversial AI Screenshot Feature Amid Security Concerns

20/06/2024

Microsoft postpones its AI Recall feature, which takes screenshots of users’ laptops, due to security concerns. The Information Commissioners’ Office is investigating, and experts warn of potential misuse by criminals. Microsoft plans to release it to the Windows Insider Programme for further testing and has implemented additional security measures.

https://news.sky.com/story/controversial-microsoft-ai-screenshot-feature-delayed-over-security-concerns-13152918

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NVIDIA Showcases Cutting-Edge Visual AI Innovations at CVPR Conference

20/06/2024

NVIDIA unveils advancements in visual generative AI at the CVPR conference, highlighting custom image generation, 3D scene editing, and autonomous vehicle perception. Key projects include JeDi for rapid diffusion model customization, FoundationPose for 3D object tracking, and NeRFDeformer for efficient 3D scene editing. NVIDIA’s work emphasizes AI’s transformative potential across various industries.

https://www.artificialintelligence-news.com/2024/06/17/nvidia-presents-latest-advancements-visual-ai/

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Apple Announces AI with Focus on Privacy, Experts Sceptical

Apple unveiled its AI system, Apple Intelligence, emphasising privacy and security. Despite promises of “a new standard for privacy in AI,” critics question the partnership with OpenAI due to past data concerns. Experts remain divided on whether Apple’s careful approach will effectively balance innovation and user privacy.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Amazon Invests $230 Million in AI Startups via Cloud Credits

13/06/2024

Amazon is injecting $230 million in AWS credits to support early-stage AI startups, providing free access to computing power and AI models. This move aims to capture AI clients early, offering credits through the AWS Generative AI Accelerator program. The initiative complements Amazon’s existing $1 billion annual cloud credits for startups.

https://www.reuters.com/technology/artificial-intelligence/amazon-adds-230-million-cloud-credits-ai-startups-2024-06-13/

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AI Candidate Runs for UK Parliament

13/06/2024

Businessman Steve Endacott introduces AI Steve, an AI avatar, as a parliamentary candidate in the UK. Endacott, acting as the human representative, emphasizes AI Steve’s role in enabling direct democracy by making policy decisions based on voter input. AI Steve, created by Neural Voice, aims to prioritize constituent needs over traditional political dynamics.

https://www.wired.com/story/ai-candidate-running-for-parliament-uk/

Databricks Launches AI Graphics Tool to Rival Salesforce and Microsoft

13/06/2024

Databricks, a top data software provider, introduced AI/BI, a visualization tool designed to compete with Salesforce’s Tableau and Microsoft’s Power BI. This tool uses AI to generate charts and graphs from user queries, leveraging personalized AI training from MosaicML. Unlike competitors, Databricks offers this feature for free, enhancing data freshness and control.

https://finance.yahoo.com/news/databricks-launches-ai-graphics-competitor-130000169.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANcxw0vbo2kU3BSsTZHmGnjhCXjptRNE2Q4lPWZ7Va8YnIrb4bkeZPRd-u8N1cMCmy0cR4K7CR-FWj39vR4Q34nxlqd9IoEFWVBuu-g-gVwRJa2JHDSyx6GSDqf2181fc0CNFuotNU3TVqKyDMxg4kWmUPkYPtYGxSxcxlj4iuS0

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Salesforce Opens AI Centre in London with $4 Billion UK Investment

Salesforce is opening its first flagship AI centre in London’s Blue Fin building, part of a $4 billion UK investment. The 40,000-square-feet facility will foster industry collaboration, AI training, and upskilling programs. It aims to create 500,000 AI-related jobs and has invested over $200 million in UK start-ups through Salesforce Ventures.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Nvidia Surpasses Apple with Market Value Exceeding $3 Trillion

06/06/2024

Nvidia has overtaken Apple as the world’s second most valuable company after its stock surpassed the $3 trillion mark. The AI chipmaker’s surge highlights the growing frenzy around artificial intelligence, contributing to record highs on Wall Street. Nvidia joins Microsoft and Apple as the only US companies to reach this valuation.

https://www.independent.co.uk/business/ai-chipmaker-nvidia-overtakes-apple-as-value-surpasses-three-trillion-dollars-b2557741.html

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Cisco Launches $1B Global AI Investment Fund

06/06/2024

Cisco has launched a $1 billion global investment fund to develop secure AI solutions, partnering with start-ups like Cohere, Mistral AI, and Scale AI. This fund aims to enhance AI readiness, support innovation, and build a broader AI ecosystem, aligning with Cisco’s strategy to connect and protect the AI era.

https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2024/m06/cisco-launches-1b-global-ai-investment-fund.html

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Pentagon Awards Palantir Contract to Develop Data-Sharing Ecosystem

06/06/2024

The Pentagon’s Chief Digital and Artificial Intelligence Office awarded Palantir a $33 million contract to develop the Open Data and Applications Government-owned Interoperable Repositories (Open DAGIR), enhancing data and AI capabilities. This initiative supports the Department of Defence’s connect-everything strategy, promoting interoperability and collaboration with private sector partners.

https://www.nextgov.com/defense/2024/06/pentagons-ai-office-awards-palantir-contract-create-data-sharing-ecosystem/397104/

SoftBank's $9 Billion AI Investment Drive

SoftBank plans to invest nearly $9 billion annually in artificial intelligence, aiming for transformative deals to support its subsidiary Arm. Founder Masayoshi Son’s strong belief in AI drives this strategy, despite stiff competition from tech giants. SoftBank maintains a robust balance sheet, enabling large-scale investments without financial overextension.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

Meta and Musk Compete for Character.ai Partnership

30/05/2024

Meta and Elon Musk’s xAI are competing to partner with Character.ai, an AI chatbot start-up. Both companies are in discussions to collaborate on AI research, avoiding acquisitions due to regulatory concerns. This reflects Big Tech’s race to secure AI advancements, with Meta and xAI seeking strategic alliances to enhance their AI capabilities.

https://www.ft.com/content/5cf24fdd-30ed-44ec-afe3-aefa6f4ad90e

Google’s $2 Billion Investment in Malaysia to Create 26,500 Jobs

30/05/2024

Google announced a $2 billion investment to build its first data center and cloud region in Malaysia, aiming to enhance business and educational opportunities. The investment will contribute $3.2 billion to Malaysia’s economy and create 26,500 jobs by 2030. This move follows similar investments in Southeast Asia by tech giants like Microsoft and Amazon.

https://www.aljazeera.com/economy/2024/5/30/google-announces-2bn-investment-in-malaysia-as-govt-hails-26500-jobs

AI Image Misinformation Surges, Google Researchers Find

30/05/2024

AI-generated fake images have surged, becoming nearly as common as traditionally manipulated ones, according to Google researchers. The study reveals a rapid increase in AI-based misinformation since early 2023. Despite this, real images taken out of context remain the most common source of visual misinformation, challenging public trust and detection efforts.

https://www.nbcnews.com/tech/tech-news/ai-image-misinformation-surged-google-research-finds-rcna154333

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Nvidia Reports 600% Profit Surge and 10-For-1 Stock Split

Nvidia’s latest earnings report shattered expectations with a 628% profit increase and 268% revenue growth. The AI and chip designer announced a 10-for-1 stock split, reducing share prices from about $950 to $95. The stock surged 4% following the news, driven by Nvidia’s AI datacenter division, which saw a 427% year-over-year revenue increase.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Scarlett Johansson’s AI Row Highlights Silicon Valley’s Past Mistakes

23/05/2024

Scarlett Johansson’s dispute with OpenAI, over using her voice likeness without consent, echoes Silicon Valley’s past “move fast and break things” ethos. This situation underscores ongoing fears within creative industries about being replaced by AI. Johansson’s case, alongside major music labels’ concerns, reveals tensions between tech innovation and ethical considerations.

https://www.bbc.co.uk/news/articles/cgrr70zm41mo

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Meta AI Chief: Large Language Models Won’t Achieve Human Intelligence

23/05/2024

Meta AI’s Yann LeCun asserts that current large language models, like those powering ChatGPT, lack the ability to reason, plan, or understand the physical world. LeCun argues for a new approach, “world modeling,” aiming for human-level AI. This vision, which may take a decade, contrasts with current LLM advancements and highlights Meta’s strategic shift in AI development.

https://www.ft.com/content/23fab126-f1d3-4add-a457-207a25730ad9

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Nations Commit to AI Safety at Seoul Summit

23/05/2024

At the AI Seoul Summit, 27 nations agreed to collaborate on assessing severe AI risks, including threats like AI-assisted weapon development. The commitment includes developing shared risk thresholds and safety guidelines. Countries emphasized the importance of innovation and inclusivity, preparing for the AI Action Summit in France. This initiative aims to create global standards for AI safety, addressing both immediate and long-term risks associated with advanced AI technologies.

https://www.gov.uk/government/news/new-commitmentto-deepen-work-on-severe-ai-risks-concludes-ai-seoul-summit

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AlphaFold 3's Breakthrough in Molecular Prediction

AlphaFold 3, developed by Google DeepMind and Isomorphic Labs, dramatically advances our understanding of biological molecules. This AI model significantly enhances the prediction of molecular structures and interactions, achieving at least a 50% improvement over existing methods. Available through the AlphaFold Server, it provides critical resources for scientific research and drug discovery, promising transformative impacts on biology and medicine.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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UK Startup Wayve Raises Record $1bn for AI-Powered Self-Driving Cars

09/05/2024

UK-based AI company Wayve has received a historic $1.05 billion investment led by SoftBank, Microsoft, and Nvidia to enhance its self-driving car technology, the largest funding for an AI firm in Europe. Prime Minister Rishi Sunak praised the investment as a testament to the UK’s AI leadership. The funding will support the development of “embodied AI,” which interacts with real-world environments. The UK government aims to deploy self-driving cars by 2026, supported by new regulations to ensure safety amid global scrutiny of autonomous driving technologies.

https://www.bbc.co.uk/news/articles/crgypzg4edvo

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Biden Heralds $3.3 Billion Microsoft Data Centre on Former Foxconn Site

09/05/2024

President Biden recently highlighted Microsoft’s $3.3 billion investment to build a data centre in Wisconsin, contrasting it sharply with a previous failed project by Foxconn backed by Donald Trump. This new facility, set to create thousands of jobs, marks a significant economic development for the area. The move not only emphasizes the shift in economic promises between administrations but also aims to cement the U.S.’s role in tech and manufacturing advancements. Biden’s visit underlined the strategic importance of Wisconsin as a battleground state for the upcoming elections, where job creation and tech advancements are key issues.

https://www.reuters.com/world/us/biden-unveil-33-billion-microsoft-ai-investment-battleground-wisconsin-2024-05-08/

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Palantir Co-Founder Eyes India's AI Talent for Global Expansion

09/05/2024

Joe Lonsdale, co-founder of Palantir and managing partner at 8VC, sees significant potential in India’s AI sector, citing the vast pool of engineering talent as key to developing global AI leaders. During his recent trip, Lonsdale emphasized the importance of nurturing this talent without stringent regulations, which he believes could stifle innovation among smaller companies. His venture firm, 8VC, is actively seeking to invest more in India, aiming to tap into the talent to build AI services and applications. This move aligns with Lonsdale’s belief that India could become a major player in AI development, rivalling the capabilities of countries like the U.S. and China.

https://www.bloomberg.com/news/newsletters/2024-05-09/palantir-co-founder-is-betting-big-on-india-s-ai-boom?srnd=economics-v2

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UK Regulators Scrutinize Microsoft and Amazon's AI Partnerships for Competitive Impact

The UK’s Competition and Markets Authority (CMA) is closely examining partnerships between Microsoft, Amazon, and smaller AI firms like French AI firm Mistral and U.S. startup Anthropic. This review may assess these collaborations as potential mergers, initiating a call for comments from third parties to understand their impact on the competitive landscape.

This regulatory action reflects a broader trend of the UK intensifying scrutiny over the operations of major US tech companies, particularly their strategies in AI development and market control. This is in line with previous actions, such as the in-depth review of Microsoft’s attempted acquisition of Activision Blizzard, showcasing the CMA’s commitment to maintaining market balance and preventing monopolistic practices.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Nvidia Expands AI Capabilities with Acquisition of Run:ai and Enhanced AWS Partnership

25/04/2024

Nvidia is set to acquire Israeli startup Run:ai, a provider of Kubernetes-based workload management and orchestration software, to enhance the efficiency of AI computing resources for customers. This acquisition supports Nvidia’s efforts to manage AI deployments effectively across cloud, edge, and on-prem data centers using Run:ai’s advanced scheduling platform that works with various Kubernetes variants and AI tools.

Nvidia’s ongoing partnership with Run:ai, established in 2020, aims to improve infrastructure utilization, reflecting their mutual commitment to innovation. Additionally, Nvidia’s collaboration with AWS, which was recently extended, involves deploying Nvidia’s Blackwell GPU platform to enhance generative AI capabilities. This series of strategic moves, including investments in smaller AI firms, highlights Nvidia’s growing influence in the AI industry and its strategy to offer cutting-edge AI technologies.

https://www.pymnts.com/acquisitions/2024/nvidia-to-acquire-runai-to-help-customers-manage-ai-computing-resources/h

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Meta's Market Value Plummets Amid Rising AI and Metaverse Investments

25/04/2024

Meta faced a significant market downturn as investor concerns grew over its increased investment in AI and the metaverse, despite a strong profit showing in the first quarter of 2024. Meta’s shares dropped nearly 17% after the company announced plans to boost AI technology spending and metaverse developments, which led to about $150 billion being wiped off its market value. This decline occurred even though Meta reported a 117% increase in net income to $12.4 billion and a 27% rise in revenue to $36.5 billion from digital advertising gains. The company anticipates further increases in capital expenditures, projecting costs up to $99 billion for the year, largely due to its ambitious AI and metaverse projects.

https://finance.yahoo.com/news/meta-shares-sink-ai-doubts-210436434.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANcxw0vbo2kU3BSsTZHmGnjhCXjptRNE2Q4lPWZ7Va8YnIrb4bkeZPRd-u8N1cMCmy0cR4K7CR-FWj39vR4Q34nxlqd9IoEFWVBuu-g-gVwRJa2JHDSyx6GSDqf2181fc0CNFuotNU3TVqKyDMxg4kWmUPkYPtYGxSxcxlj4iuS0

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Rabbit Unveils AI-Powered R1 Device with Retro Flair and Advanced AI Capabilities

25/04/2024

Rabbit launched the AI-powered R1 at a nostalgic event featuring retro gadgets. The R1, developed with Teenage Engineering, combines old-school charm with modern AI functions like voice-controlled spreadsheet manipulation and language translation, executed with a simple camera scan.

Rabbit also teased an upcoming camera wearable that enhances the R1 by recognizing and interacting with targeted objects. This device is part of Rabbit’s plan to simplify user interactions with technology, eliminating the need for traditional apps and enabling more intuitive, AI-driven commands.

https://www.wired.com/story/rabbit-r1-launch-event-nyc/

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Oracle Invests $8 Billion in Japan for Cloud and AI Expansion

Oracle plans to invest over $8 billion in the next ten years to expand its cloud computing and AI infrastructure in Japan, enhancing Oracle Cloud Infrastructure (OCI) to meet rising demand. The company will also boost its Japan-based personnel to strengthen its operations and support engineering teams.

This investment underscores Oracle’s commitment to supporting the technological growth and infrastructure needs of its customers in Japan, aiming to improve service delivery and foster local technological innovation.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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AI Pin Struggles in the Market: Persistence Amid Criticism

18/04/2024

The AI Pin, developed by Humane from former Apple executives, has been criticized for its performance and practicality despite its innovative design. The device, which functions without a screen but projects images onto the user’s hand, was notably panned by Marques Brownlee and other reviewers for not performing well in its basic functions and for issues like poor battery life and overheating. Despite the criticism, Humane plans to update the device in the coming months and remains committed to its improvement.

The wearable, priced at $700 plus a monthly fee, aims to challenge traditional smartphones and push forward the integration of AI in wearable technology. However, its current shortcomings highlight the difficulties of pioneering in the smart device market. Humane’s leaders advocate perseverance, underscoring the importance of resilience and continuous innovation in the tech industry.

https://www.bbc.co.uk/news/articles/cljdnw77ge6o

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Energy Demands of AI Growth Prompt Calls for Innovation and Regulation

18/04/2024

The surge in AI development is placing a heavy burden on global electricity supplies as companies like Amazon and Google scale up their data centre operations. These centres, vital for AI processing, are significantly energy-intensive, leading to concerns about the environmental impact and the sustainability of such rapid growth. Regions with high concentrations of data centres, such as Northern Virginia, are particularly facing challenges in meeting the power demands.

Efforts to mitigate these issues include exploring alternative energy sources such as onsite generation and nuclear power, alongside navigating the complexities of expanding renewable energy infrastructure. The push for sustainable energy solutions highlights the need for innovations in energy efficiency and regulatory updates to support the environmentally responsible expansion of AI technologies.

https://www.ft.com/content/b7570359-f809-49ce-8cd5-9166d36a057b

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Google Invests in Innovative AI Paralegal to Transform Legal Services

18/04/2024

Google Ventures has invested £9.5 million in Lawhive, a London-based firm that created ‘Lawrence’, an AI paralegal that passed part of the Solicitors Qualifying Exam (SQE). This investment reflects the growing recognition of AI’s potential to transform the legal industry by making high-quality legal advice more accessible and reducing the cost.

Lawhive’s AI paralegal aims to modernize the stagnant consumer legal market by handling routine legal tasks, allowing human lawyers to focus on more complex issues. This move is seen as a step towards democratizing legal assistance, with high-profile endorsements of AI’s benefits to the legal profession, emphasizing its potential to improve services for underrepresented individuals.

https://www.legalcheek.com/2024/04/google-invests-9-5-million-in-london-law-firm-behind-ai-paralegal-which-passed-the-sqe/

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Microsoft AI Expands to London

Microsoft AI is launching a new AI hub in London to advance consumer AI products and research, including Copilot, under the leadership of AI scientist Jordan Hoffmann. This initiative aims to capitalize on the UK’s AI talent, indicating a significant investment in hiring and innovation in the region.

The London hub signifies Microsoft AI’s commitment to the UK’s AI development, promising job opportunities and complementing Microsoft’s £2.5 billion investment in upskilling the UK workforce for AI advancements. This initiative aligns with Microsoft’s goal to expand AI’s benefits across the UK, showcasing the country’s role in the global AI economy.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Meta's New AI Chips and Updated Content Policy Boost Performance and Transparency

11/04/2024

Meta has launched a new version of its AI chips, enhancing performance for its social media algorithms. These chips are part of Meta’s investment to improve app experiences and are designed specifically for Meta’s AI needs, indicating a move to tailor technology for specific operational requirements. Additionally, Meta is updating its content policy to label more AI-generated media across its platforms, aiming for greater transparency.

Meta’s chip update signifies its push into AI, with the latest chips doubling performance and supporting complex models for user recommendations. This move, along with a policy change for more transparent labelling of AI-generated content, reflects Meta’s strategic efforts in technology and content management. The company competes in the AI space, leveraging significant computing resources, and modifies AI media handling for enhanced transparency.

https://www.pymnts.com/news/artificial-intelligence/2024/meta-rolls-out-newest-version-ai-chips/

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New Models Spark Intense Industry Competition

11/04/2024

OpenAI, Google, and French startup Mistral released new AI models within hours of each other, highlighting a competitive surge in the AI field. Google’s Gemini Pro 1.5 and OpenAI’s GPT-4 Turbo introduce advanced functionalities, including multimodal input processing, while Mistral adopts an open-source approach, offering its technology freely despite potential risks.

As the AI industry progresses, the release of Meta’s Llama 3 and the anticipated GPT-5 from OpenAI signal increasing competition. However, the emphasis is shifting towards developing AI that can reason and interact with the world beyond language manipulation, aiming for AI with superhuman capabilities.

https://www.theguardian.com/technology/2024/apr/10/ai-race-heats-up-as-openai-google-and-mistral-release-new-models

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BNPL Sector Leverages AI for Profitability

11/04/2024

Klarna enhances its profit margins by integrating ChatGPT, demonstrating how AI advancements can solve profitability issues for BNPL firms. The AI’s deployment is expected to boost Klarna’s profits by $40 million this year, efficiently managing customer service chats and simulating the workload of 700 employees. This reflects a wider trend in the BNPL sector towards embracing AI for operational efficiency and improved customer experiences.

BNPL companies like Afterpay and PayPal are turning to AI for personalized customer interactions, aiming to boost sales and loyalty amidst economic challenges. These AI initiatives signify the sector’s pivot towards innovative technologies to sustain and enhance profitability, underscoring the pivotal role of AI in the future of financial services and customer satisfaction.

https://www.pymnts.com/buy-now-pay-later/2024/klarna-boosts-profits-with-chatgpt-bnpl-firms-tap-artificial-intelligence/

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Unveiling AI Vulnerabilities: Anthropic's Research on LLMs

Anthropic’s latest study exposes a critical flaw in large language models (LLMs) through “many-shot jailbreaking,” a technique that manipulates AI with false dialogues, overcoming safety training. This method exploits the AI’s dependency on extensive datasets, presenting a significant security loophole.

The research outlines that the effectiveness of these attacks increases with the AI’s context window, making them prone to adversarial strategies. Anthropic suggests that while direct fixes might offer temporary relief, altering prompts and classifications proves more effective against such vulnerabilities. This initiative aims to foster the development of robust defence mechanisms against potential security threats identified in AI systems.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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The Hidden Human Touch in AI

04/04/2024

Amazon’s Just Walk Out technology showcased AI’s potential but heavily depended on human labour, with over 1,000 Indian contractors correcting the AI’s inaccuracies. This situation underscores the reality that AI technology often requires human oversight to function effectively.

Tech companies, including Amazon, have frequently used human labour behind the scenes to support AI claims, blurring the lines between AI capabilities and human assistance. This “AI washing” practice has led to regulatory attention, emphasizing the need for honesty in AI’s actual functionalities and limitations.

https://www.bloomberg.com/opinion/articles/2024-04-03/the-humans-behind-amazon-s-just-walk-out-technology-are-all-over-ai

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US-UK Pact on AI Safety

04/04/2024

The US and UK have signed a landmark deal focusing on AI safety, sharing expertise to address AI’s potential risks. This first-of-its-kind agreement aims to collaboratively explore AI technologies, emphasizing the importance of timely actions to mitigate emerging threats.

The partnership draws from historical intelligence collaboration, aiming to lead in AI safety discussions globally. Despite AI’s rapid development, the focus remains on addressing immediate threats, involving major AI firms in efforts to set global safety and ethical standards for AI.

https://www.ft.com/content/4bafe002-4e38-4d2b-94e0-5a0d319252c5

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Google Contemplates AI Paywall

04/04/2024

Google is considering a paywall for premium AI content, diverging from its free service model. This potential strategy involves adding AI-powered search features to its subscription services, signifying the company’s first foray into paid content while keeping its main search engine free and ad-supported.

Despite AI development hiccups, Google dominates the search engine market with over a billion daily users and diversifies into various services. Amid speculation on ad-free search, Google aims to enhance its subscription offerings, focusing on premium services without announcing specific plans.

https://www.bbc.co.uk/news/business-68727857

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Amazon's Strategic Investment in Anthropic

Amazon’s $4 billion investment in Anthropic is revolutionizing AI-driven customer experiences and business innovation via Amazon Bedrock and Claude AI. This marks a significant advancement in generative AI, aimed at redefining industries and customer interaction.

The alliance between Amazon and Anthropic, emphasizing AWS as its primary cloud provider, is set to bring generative AI advancements globally. Anthropic’s commitment to AWS highlights a future where AI technologies, like the Claude 3 model, offer new standards in intelligence and application, promising a transformative impact on technology and business strategies.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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OpenAI's Sora: Unveiling New Dimensions in AI-Driven Filmmaking

28/03/2024

OpenAI has introduced Sora, a pioneering video AI tool, showcasing its first short films described as “totally surreal” by filmmakers. Launched last month, Sora has sparked both excitement and concern for its advanced capabilities, transforming simple text prompts into lifelike video scenarios.

Sora is now being explored by visual artists and directors for its “totally surreal” potential, beyond generating realistic visuals. Emphasized by the Canadian group Shy Kids, Sora enables the creation of previously inconceivable stories, heralding a new phase of abstract expressionism. Artist Paul Trillo highlighted Sora’s liberation from traditional filmmaking constraints, allowing the manifestation of innovative ideas. Despite its creative benefits, Sora raises deepfake and misinformation concerns, with OpenAI proactively implementing safety measures.

https://www.independent.co.uk/tech/openai-sora-film-ai-chatgpt-b2518831.html

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Navigating the AI Job Revolution: A Critical Look at the UK's Future Workforce

28/03/2024

A report forecasts a potential loss of nearly 8 million UK jobs to AI, impacting women, the youth, and low-wage workers the most. Highlighting a critical juncture due to the adoption of generative AI in automating tasks, the Institute for Public Policy Research (IPPR) emphasizes the vulnerability of entry-level and part-time positions in administrative sectors. The risk is attributed to AI’s evolving capability to perform both routine and complex tasks, with a worst-case scenario pointing to significant job displacement without economic growth. Conversely, optimal integration of AI could bolster the economy by 4%, demonstrating the technology’s dual potential to either disrupt or enhance economic and employment landscapes. The report calls for urgent, collaborative action to navigate AI’s impact, suggesting a balanced approach could mitigate a job crisis and instead leverage AI for growth and improved living standards.

https://www.theguardian.com/technology/2024/mar/27/ai-apocalypse-could-take-away-almost-8m-jobs-in-uk-says-report

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Revolutionizing ERP: Nominal's AI-driven Transformation

28/03/2024

Nominal is set to redefine the ERP sector with a $9.2 million seed investment, leveraging generative AI to enhance system intuitiveness and accessibility. Guy Leibovitz, co-founder and CEO, envisions transforming ERP systems to cater to non-technical users, steering away from the complexities of traditional platforms like SAP and Oracle. ERP systems, pivotal for integrating a company’s functions, often come with high costs and customization challenges. Nominal, through AI, aims to simplify these processes, offering a solution that automates financial tasks and business logic, reducing dependency on external consultants.

Nominal’s innovative approach utilizes generative AI to automate complex accounting processes and minimize manual work, promising to make ERP systems more accessible and efficient. With technologies like shadow ledgers and generative sub-ledgers, Nominal seeks to streamline accounting operations and enhance decision-making. This shift could redefine job roles within finance and accounting, echoing historical transitions where technology brought about new opportunities. As the ERP market evolves with AI, scepticism remains a hurdle, but the potential for revolutionizing business operations and strategic planning is immense, signalling a new era of growth and innovation in enterprise resource planning.

https://www.forbes.com/sites/tonybradley/2024/03/27/disrupting-the-erp-market-with-ai/

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Mustafa Suleyman: Steering Microsoft's AI Future with Ethical Insight

Mustafa Suleyman joins Microsoft’s new AI division, bringing a cautious perspective on AI’s risks and potentials. His role underscores the balance between pushing AI innovation and addressing ethical concerns at a company heavily invested in AI through OpenAI. Suleyman’s appointment reflects the importance of leadership within the AI industry to steer technological development responsibly.

Suleyman’s career, from co-founding DeepMind to his recent move to Microsoft, highlights his significant contributions to AI and the strategic importance of his role in the global AI talent market. This move signals the UK’s growing influence in AI and showcases the demand for British AI expertise at the executive level, with expectations for Suleyman to guide Microsoft’s AI strategy and innovation.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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UN Votes on Landmark AI Resolution for Global Safety and Equity

21/03/2024

The UN General Assembly is set to vote on its first resolution on AI, led by the US, aiming for unanimous support to ensure AI’s benefit globally, uphold human rights, and maintain safety. This resolution seeks to bridge the digital divide and foster inclusive discussions on AI governance, emphasizing the importance of equitable access to AI technology for developing nations.

The US-led negotiations have resulted in a draft that emphasizes the need for global consensus on AI governance and the potential of AI to advance the UN’s 2030 development goals. Achieving unanimous support, the resolution focuses on safe AI practices, protecting human rights, and aiding developing countries in harnessing AI for development, showcasing a significant move towards responsible AI management on a global scale.

https://www.nbcnews.com/news/us-news/un-will-vote-first-resolution-artificial-intelligence-aimed-ensuring-s-rcna144390

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Nvidia Unveils Powerful AI Chip to Extend Market Dominance

21/03/2024

Nvidia’s latest AI chip, 30 times faster than its previous models, aims to bolster its 80% market dominance. Announced by CEO Jensen Huang, the “Blackwell” chip, alongside new software tools, targets enhancing AI capabilities for cloud services, used by tech giants such as Amazon and Google. With a market value reaching $2tn, Nvidia’s significant growth highlights its pivotal role in advancing AI technology.

Originating as a graphics chip maker, Nvidia has pivoted to lead in the AI chip market, now introducing automotive chips and chips for humanoid robots. These innovations showcase Nvidia’s commitment to diversifying AI applications, amidst increasing competition from AMD and Intel. The company’s strategic expansion underlines the vast potential and dynamic nature of the global AI market.

https://www.bbc.co.uk/news/business-68603198

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Saudi Arabia to Launch $40 Billion AI Investment Fund

21/03/2024

Saudi Arabia is setting up a $40 billion fund to advance artificial intelligence (AI), engaging in preliminary talks with U.S. venture capital firm Andreessen Horowitz and other investors, as per the New York Times. Discussions include Andreessen Horowitz establishing a Riyadh office and outlining the fund’s operational framework, although plans might evolve. The fund aims to kickstart in the latter half of 2024, targeting tech startups in AI realms like chip manufacturing and data centers. While PIF and Andreessen Horowitz have yet to comment officially, PIF’s governor highlighted Saudi Arabia’s ambition to become a significant AI hub, leveraging its energy resources and financial prowess.

https://www.reuters.com/world/middle-east/saudi-arabia-plans-40-bln-push-into-artificial-intelligence-nyt-reports-2024-03-19/

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EU Sets Global Standard with Ground-breaking AI Law

The European Union has approved a landmark AI law, setting a precedent for global technology regulation. This law restricts “unacceptable” AI uses, like social scoring and biometric profiling, and imposes strict rules on “high-risk” applications in sectors such as education and employment. It also mandates transparency for AI systems, requiring clear identification of AI-generated content to prevent misinformation.

Prompted by the surge in AI technology use, notably ChatGPT, the EU’s legislation reflects its swift response to the challenges and opportunities presented by AI. With its implementation expected in two years, the EU contrasts sharply with the US’s slower progress on AI policy, despite efforts by Senate Majority Leader Chuck Schumer. This regulation underscores the EU’s role as a frontrunner in digital governance, potentially influencing global standards.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Devin: The AI That Engineers Software

14/03/2024

Cognition AI has introduced Devin, an AI capable of managing complex software engineering projects from just one prompt. Funded by notable figures like Peter Thiel, Devin has garnered attention from AI experts, including Tesla’s former AI director Andrej Karpathy, for its ability to autonomously plan, code, and correct its work. Positioned more as a collaborative tool than a replacement for human engineers, Devin offers a glimpse into the future of software development, enabling teams to tackle more ambitious projects by handling routine coding tasks.

Devin stands out by solving software engineering problems autonomously, outperforming other AI models in benchmark tests without assistance. Currently in early access with plans for broader availability, Cognition AI’s creation represents a significant leap forward in AI-driven software development. The startup itself, founded in late 2023, quickly rose to prominence with substantial funding and high-profile endorsements, signaling Devin’s potential to redefine engineering workflows and project management.

https://aibusiness.com/automation/ai-software-engineer-devin-codes-entire-projects-from-single-prompt#close-modal

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AI's Historical Accuracy Challenge: Adobe Firefly and Google Gemini

14/03/2024

Adobe’s AI image tool, Firefly, replicates Google Gemini’s errors in racial and ethnic representations, highlighting the tech industry’s struggle with AI accuracy and ethical implications. Both platforms, despite differing training datasets and company cultures, face criticism for producing historically inaccurate images, such as depicting America’s Founding Fathers as Black or refusing to depict white individuals in specific contexts. This issue stems from attempts to avoid racist stereotypes, leading to anachronisms that fuel political controversy. Adobe, aiming for responsible use, trained Firefly on diverse, copyright-compliant sources yet encountered similar backlash without official comment.

The broader dilemma involves foundation models’ need for guardrails against misuse, from generating harmful content to diverging into inaccuracies. Techniques like reinforcement learning with human feedback and system prompts guide AI behaviour, yet challenges persist in balancing diverse representation with historical fidelity. The controversy around Google’s Gemini, intensified by allegations of “woke” politics, reflects a technical shortfall common across generative AI platforms. The debate underscores the tension between technological capabilities and societal expectations, with calls for more nuanced AI understanding to reconcile diversity with accuracy.

https://www.semafor.com/article/03/13/2024/adobe-firefly-repeats-the-same-ai-blunders-as-google-gemini

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AI Rivalry Leads to Ban: Midjourney vs. Stability AI

14/03/2024

Midjourney, an AI service, banned Stability AI employees after accusing them of causing a service outage through data scraping. The incident, described as “botnet-like activity” from accounts linked to Stability AI, led to a nearly 24-hour disruption, with Midjourney attributing the downtime to efforts to collect prompt and image pairs. In response, Midjourney announced an indefinite ban on all Stability AI staff and a policy against any company’s employees causing outages through aggressive automation. Stability AI’s CEO Emad Mostaque denied intentional wrongdoing, suggesting any scraping was not a deliberate attack. The exchange between Midjourney founder David Holz and Mostaque has yet to resolve the issue, highlighting ongoing tensions between AI companies over data use practices. This event underscores broader concerns in the creative community about AI models being trained on copyrighted material without permission.

https://www.theverge.com/2024/3/11/24097495/midjourney-bans-stability-ai-employees-data-theft-outage

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UK's £100M AI Sector Boost: Elevating Innovation

Britain’s AI sector is set for a boost as Chancellor Jeremy Hunt doubles funding for the Alan Turing Institute with a £100 million package, aiming to advance the UK in data science and AI. Despite financial constraints, this investment focuses on key areas like healthcare, environmental protection, and defense, as part of Hunt’s ambition to transform the UK into a global tech leader.

The UK’s £100 million investment in the Alan Turing Institute is a strategic move to enhance AI and data science, especially in healthcare, environmental sustainability, and defense. This funding aligns with our mission to use technology for solving complex challenges and promoting innovation. It underscores the UK’s commitment to leveraging AI for economic growth and societal benefits.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Microsoft vs. NYT: Navigating AI Copyright Waters

07/03/2024

Microsoft rebuts The New York Times’ AI fears as overblown, likening the lawsuit to past tech disputes. It defends its investment in OpenAI against claims of using NYT content without consent. Microsoft argues that AI like ChatGPT doesn’t violate copyright laws or devalue original content.

OpenAI argues ChatGPT isn’t a substitute for NYT subscriptions, claiming minimal use of NYT content in its AI training. Despite the Times discovering their content in AI outputs, Microsoft and OpenAI see AI as a tool for enhancing digital content, not infringing on copyrights.

https://www.ft.com

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Musk's Legal Battle Against OpenAI's Profit Pivot

07/03/2024

Elon Musk sues OpenAI for prioritizing profits over its humanitarian mission, likening its close ties with Microsoft to a breach of original ideals. Musk’s lawsuit in San Francisco argues OpenAI has strayed from its non-profit roots, with GPT-4’s secrecy aimed at commercial gains. OpenAI remains silent on the allegations.

Musk demands OpenAI refocus on its altruistic AI development goals, amidst his concerns over AI’s societal impact and after founding his own AI firm, xAI. The suit points to GPT-4’s superior reasoning skills and criticizes OpenAI’s board reshuffle post-leadership issues, aimed at aligning more closely with Microsoft, as regulatory bodies eye the partnership’s competitive implications.

https://www.theverge.com/2024/3/1/24087473/elon-musk-openai-lawsuit-nonprofit-mission

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Klarna's Shift to AI: Maximizing Profit, Minimizing Personnel

07/03/2024

Klarna integrates AI to perform the work of 700 employees, improving customer service and operational efficiency. By partnering with OpenAI, Klarna’s AI assistant now oversees millions of customer chats across multiple markets, significantly reducing response times and errors. This move not only enhances customer experience but also projects a $40 million profit increase in 2024, marking a strategic shift towards automation over traditional hiring methods.

Despite reducing its workforce by 25%, Klarna maintains the importance of human roles in overseeing AI operations and handling complex issues. This transition towards AI, alongside plans for an early IPO at a $20 billion valuation, highlights the fintech sector’s shift towards technological innovation while pondering the future of human employment in tech.

https://www.forbes.com

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Microsoft's Expansion in AI

Microsoft’s recent partnership with French AI start-up Mistral signals its intent to diversify beyond its existing OpenAI alliance. This multiyear collaboration aims to bring Mistral’s AI models to market, bolstering Microsoft’s foothold in Europe’s burgeoning AI sector. The agreement includes investments in Mistral and a joint R&D effort to address public sector needs, underscoring Microsoft’s commitment to fostering AI innovation globally.

Microsoft’s strategic move is pivotal in navigating the expanding AI landscape. As AI becomes integral across industries, collaborations like this signify opportunities for growth and innovation. However, ensuring responsible AI development and addressing regulatory scrutiny are paramount. We look forward to witnessing the transformative impact of this partnership on AI advancement and industry dynamics.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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UK and France Advance AI Collaboration

29/02/2024

The UK and France are deepening their scientific cooperation in AI following the UK’s association with Horizon Europe. New funding initiatives and partnerships aim to enhance global AI safety, with investments in joint research efforts and a landmark partnership between the UK’s AI Safety Institute and France’s Inria.

The collaborative efforts between the UK and France to advance AI safety and research should be applauded. As AI’s influence grows, international partnerships are vital for fostering responsible AI development and addressing ethical concerns. BuildPrompt anticipates these initiatives will accelerate AI innovation while prioritizing safety and ethical considerations.

https://www.artificialintelligence-news.com/2024/02/29/uk-and-france-collaborate-ai-following-horizon-membership/

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Google Temporarily Pauses AI-Generated Images of People

29/02/2024

Google has halted its Gemini model from generating images of people temporarily after criticism over its depiction of historical figures like German soldiers and Vikings as people of color. Social media users highlighted these examples, prompting Google to address the accuracy and bias issues of its AI model.

Jack Krawczyk from Google’s Gemini team admitted the need for adjustments to the model’s image generator. While Google’s AI principles aim to reflect its global user base, historical depictions require further refinement to avoid inaccuracies. The move underscores ongoing challenges in mitigating bias in AI technologies.

As AI technologies become more pervasive, it’s crucial to prioritize accuracy and inclusivity. This temporary pause reflects a commitment to responsible AI development, aligning with BuildPrompt’s values of ethical and unbiased AI innovation.

https://www.theguardian.com/technology/2024/feb/22/google-pauses-ai-generated-images-of-people-after-ethnicity-criticism

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Anthropics Unveils Zyler Virtual Try-On for Menswear

29/02/2024

Anthropics has launched Zyler Virtual Try-On for Menswear, an AI-powered solution that enables customers to visualize themselves wearing outfits by uploading a headshot and providing measurements. This technology, aimed at enhancing the online shopping experience, generates lifelike representations of users in different garments. Alexander Berend, CEO at Anthropics, believes Zyler will revolutionize men’s online clothing shopping by combining advanced AI technology with a user-friendly interface.

As a leading provider of AI-driven retail solutions, we sees Anthropics’ launch of Zyler Virtual Try-On for Menswear as a significant step forward in enhancing the digital shopping experience. By leveraging advanced AI technology, Zyler empowers customers to make informed purchasing decisions by virtually trying on clothing items.

https://retailtechinnovationhub.com/home/2024/2/29/anthropics-launches-artificial-intelligence-powered-zyler-virtual-try-on-for-menswear-solution

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EU Moves Closer to World's First AI Legislation

European Parliament committees have endorsed the AI Act, aiming for an April vote to introduce the world’s first AI regulations. This legislation seeks to regulate AI use in diverse sectors and ensure generative AI systems operate within safety and rights frameworks.

The EU’s AI Act endorsement is crucial for ethical AI use, balancing innovation with safety and rights. We support such frameworks that promote responsible AI development, aligning our solutions with global standards for trust and safety in AI technologies.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Google's Gemini: A New Era in AI Chatbots

15/02/2024

Google replaces Bard with Gemini, its latest AI chatbot initiative, offering Advanced and mobile versions for enhanced natural conversations. Gemini Advanced, powered by the Ultra 1.0 model, excels in coding, reasoning, and creativity, available in over 150 countries in English via a $19.99 monthly Google One AI Premium Plan. The mobile app provides convenient access to basic Gemini features, with plans for expansion in languages and functionalities.

Google’s Gemini is a milestone in AI, combining advanced capabilities with practical use cases like tutoring and audience growth strategies. Gemini’s commitment to safety and unbiased content sets a precedent for future AI developments. We anticipate Gemini’s influence on AI accessibility and innovation, reflecting our aim for responsible and impactful AI solutions.

https://www.artificialintelligence-news.com/2024/02/09/google-launches-gemini-replace-bard-chatbot/

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Arm Holdings' Market Value Soars with AI Demand

15/02/2024

Arm Holdings’ value nearly doubled in a week, driven by the AI boom, with its chips integral to smartphones worldwide. After privatization by SoftBank and a recent stock market return, Arm’s shares have skyrocketed, reflecting a wider market trend seen in Nvidia’s success with AI chips. Although Arm’s chips aren’t directly AI-focused, their technology is crucial for CPUs in AI systems, boosting demand across sectors like automotive for self-driving technology.

Arm Holdings’ remarkable market performance is a testament to AI’s transformative role in technology. Arm’s success highlights the vital intersection of hardware and AI innovation, reinforcing our commitment to AI-driven advancements. The company’s trajectory mirrors the broader tech industry’s shift towards AI and its dependency on sophisticated chip technology, signalling a future where AI’s potential is unlocked through foundational hardware advancements.

https://www.bbc.co.uk/news/business-68281047

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Adobe's Cautious AI Strategy with Firefly: Creativity Meets Compliance

15/02/2024

Adobe’s Firefly, an AI suite designed for creative tasks, offers a legally compliant alternative to AI-art generators by focusing on brand safety and copyright respect, using Adobe Stock images for content creation. This initiative reflects Adobe’s commitment to merging AI innovation with ethical practices, aiming to produce AI-generated content that navigates the complex landscape of intellectual property rights.

Firefly is a step towards responsible AI utilization in the creative sector, emphasizing the need for balancing innovation with legal and ethical standards. Adobe’s approach serves as a model for future AI developments, advocating for a framework where technological progress and intellectual property protection coexist, guiding the industry towards safer and more responsible AI applications.

https://www.bloomberg.com/news/features/2024-02-13/adobe-targets-openai-midjourney-with-lawyer-proof-ai-artbot?leadSource=uverify%20wall

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Almost 40% of jobs worldwide will be impacted by AI

IMF’s Kristalina Georgieva warns of AI’s impact on 60% of jobs in advanced economies, raising concerns about deepening inequalities and job displacement. AI promises to enhance some roles but also risks job losses, especially in lower-income countries and among older workers.

At BuildPrompt, we recognise AI’s potential to improve job performance but also acknowledge the challenges it brings. We support Georgieva’s call for proactive policies, including retraining programs, to ensure AI’s integration benefits all. Emphasizing AI literacy and adaptive infrastructure, we advocate for AI as a tool for empowerment, not disruption, in the evolving job market.

Here is our weekly summary of artificial intelligence developments, focusing on privacy and security.

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Vodafone and Microsoft sign 10-year strategic partnership to bring generative

19/01/2024

Vodafone and Microsoft’s new 10-year partnership focuses on using Microsoft’s AI to enhance customer experiences and scale Vodafone’s IoT platform. The $1.5 billion investment aims to advance cloud and AI services, impacting customer satisfaction and operational efficiency. Key initiatives include enhancing Vodafone’s IoT connectivity, supporting M-Pesa in Africa, and integrating Microsoft’s cloud services with Vodafone’s infrastructure, showcasing a significant leap in digital transformation.

At BuildPrompt, we view this alliance as a milestone in AI-driven telecommunications, emphasising the importance of ethical AI and cloud technology in modern business strategies. This partnership symbolizes the evolving synergy between AI, cloud computing, and customer engagement in the global tech landscape.

https://news.microsoft.com/2024/01/15/vodafone-and-microsoft-sign-10-year-strategic-partnership-to-bring-generative-ai-digital-services-and-the-cloud-to-more-than-300-million-businesses-and-consumers/

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OpenAI bans AI tools for political campaigns

19/01/2024

OpenAI, recognizing AI’s potential impact on democracy, prohibits its use in political campaigns and efforts hindering democratic participation. Collaborating with NASS, OpenAI aims to provide accurate, non-partisan voting information. The company’s commitment to transparency includes measures against AI-generated disinformation and deepfakes.

At BuildPrompt, we view this approach as a crucial step towards responsible AI usage. We support transparent AI operations and believe that AI should enhance, not disrupt, democratic processes. The balance between AI’s potential and its ethical use is key, and we advocate for continuous dialogue and policy development to harness AI’s benefits while safeguarding democratic values.

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Big tech firms recklessly pursuing profits from AI, says UN head

19/01/2024

At the World Economic Forum, UN Secretary-General António Guterres highlighted the urgent need for ethical AI regulation, likening its risks to the climate crisis. He criticized tech companies for prioritizing profits over rights and social impacts, urging collaboration for AI governance. Guterres stressed the need for equitable AI access to prevent deepening the digital divide.

At BuildPrompt, we echo Guterres’s concerns. Ethical AI development and deployment are at the core of our values. We believe in the responsible use of AI, ensuring it enhances rather than undermines human rights and privacy. The call for collaborative regulation aligns with our commitment to a future where AI is a force for good, empowering all segments of society equally.

 

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