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Apple’s outspending its louder Big Tech competitors on AI

by Joey De Leon

Title: AI News Roundup: Apple’s AI Acquisitions, Writers Guild Victory, Meta’s AI Focus, and More

Introduction

Hello, fellow humans! Welcome to the Saturday edition of the Daily Brief, a limited version that focuses on AI. Don’t worry, it’s written by actual people, not AI. If you have any questions about AI or interesting AI experiences to share, feel free to email us. Now, let’s dive into the top AI news of the week!

Amazon’s $4 Billion Bet on AI

E-commerce giant Amazon has made a significant investment of $4 billion in the AI startup Anthropic. As a minority stakeholder, Amazon will provide its chips to power Anthropic’s generative AI systems. This move further solidifies Amazon’s commitment to AI development and integration.

OpenAI Seeks $80-90 Billion Valuation

OpenAI, the creator of ChatGPT, is reportedly seeking a valuation of $80-90 billion. This valuation is based on its projected revenue of $1 billion for this year. In addition, OpenAI intends to allow its employees to sell shares to investors, highlighting the company’s confidence in its future prospects.

ChatGPT Expands Capabilities

ChatGPT, the popular AI language model, can now engage in conversations using voice, audio, images, and even financial transactions. Its advancements enable users to have more interactive and immersive experiences with the AI model. Additionally, Getty Images, the iconic image library, is developing its own AI image generator to strengthen its services.

Apple’s AI Acquisitions

Despite its low-key approach, tech giant Apple has quietly acquired several AI companies, outpacing its peers in the acquisition game. Apple’s acquisitions include companies specializing in self-driving technology, voice assistant development, music composition, digital image compression, and predictive analytics. These acquisitions indicate Apple’s strategic investment in AI and signal future AI integration in its products.

Writers Guild Victory in AI Regulation

The Writers Guild of America achieved a major milestone by securing firm parameters around the use of AI in the entertainment industry. The agreement prevents AI from replacing writers in material creation or rewriting. While writers cannot be forced to use AI, employers must disclose if AI has been involved in generating material. This victory highlights the growing need for worker protection in the AI era and echoes historical struggles for workers’ rights.

Meta’s Focus on AI

Facebook’s parent company, Meta, formerly known as Facebook, highlighted its latest AI endeavors during its annual developer conference. Meta unveiled celebrity-inspired AI assistants and Meta AI, a conversational AI assistant to be integrated into WhatsApp, Messenger, and Instagram. While Meta explores various technologies, its underlying goal remains data collection on user engagement.

In-Depth Analysis: AI Regulation at the United Nations

Artificial intelligence received significant attention during the recent United Nations General Assembly. The number of mentions of AI increased drastically compared to previous years, raising questions about the UN’s role in AI regulation. To explore this perspective, we asked ChatGPT, a language model, to prepare a speech advocating for unregulated AI advancement in the General Assembly. While ChatGPT offered compelling talking points, our panel ultimately rejected the notion of unregulated AI development.

Conclusion

That wraps up this edition of the AI Daily Brief. We’ve covered Amazon’s investment in Anthropic, OpenAI’s impressive valuation, Apple’s silent but significant AI acquisitions, the Writers Guild victory, Meta’s focus on AI, and the role of the United Nations in AI regulation. As AI continues to evolve, it’s crucial to monitor its impact on various industries and ensure responsible development and regulation. Have a great day and feel free to reach out with any news or suggestions!

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