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Industry

AI funding rounds, acquisitions, partnerships and leadership changes, plus regulation, copyright lawsuits and big compute deals.

14 stories in the last 7 days

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    Italy gives OpenAI a checklist to get ChatGPT unbanned

    Italy's data regulator just gave OpenAI a roadmap to lift its ChatGPT ban, demanding age verification, transparent data handling policies, and opt-out tools for non-users by the end of April. OpenAI has only about 18 days to get compliant before facing additional regulatory heat.

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    Meta makes the case for metaverse in the classroom

    Meta just outlined how virtual and augmented reality are reshaping education, highlighting schools in Japan and the US already using Meta Quest 2 headsets. Case studies showed VR chemistry labs boosting test scores and easing social anxiety. Why it matters: True immersion could bridge geographic education divides, provided schools get policy and training support.

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    Elon Musk bought 10,000 GPUs for Twitter's secret AI project

    Musk just purchased roughly 10,000 datacenter GPUs for an in-house generative AI project at Twitter, according to Business Insider. The company recently hired two former DeepMind researchers and plans to train models on its own data, potentially to improve search and rebuild its advertising engine.

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    OpenAI launches bug bounty program with rewards up to $20,000

    OpenAI just rolled out its official Bug Bounty Program in partnership with Bugcrowd, offering security researchers cash rewards from $200 up to $20,000 for qualifying vulnerability disclosures. The company is crowdsourcing global white-hat talent to harden its systems as AI security comes under tighter scrutiny.

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    Stability AI burning cash, reportedly at risk of collapse

    Stability AI is in serious financial trouble, burning through cash at an alarming rate without a clear path to profitability, according to Semafor. After burning through most of its $100M raised last year, the startup's planned $4B valuation round is on shaky ground as investors hesitate. It turns out massive open-source popularity doesn't guarantee a sustainable business model.

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    Anthropic's $5B plan to take on OpenAI

    Anthropic is looking to raise up to $5 billion over the next two years to challenge OpenAI, according to leaked pitch deck documents. The startup plans to spend $1 billion over the next 18 months to train a frontier model tentatively called "Claude-Next," promising 10 times the capability of current leading systems.

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    Italy pulls the plug on ChatGPT over privacy concerns

    Italy's privacy watchdog just ordered an immediate block on ChatGPT, making it the first Western country to take the chatbot offline. Regulators claim OpenAI has no legal basis to harvest personal data for training and fails to verify user ages. OpenAI disabled access in Italy and has 20 days to address GDPR violations or risk massive fines.

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    Google denies training Bard on ChatGPT data

    Google just fired back against reports claiming it scraped ChatGPT data to train its Bard chatbot. A report from The Information alleged an engineer quit for OpenAI after warning against using ShareGPT data, but Google firmly denies Bard used any rival data—though it dodged whether it ever tried in the past.

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    Elon Musk and top researchers call for a 6-month pause on giant AI models

    Elon Musk, Steve Wozniak, and top AI researcher Yoshua Bengio just signed an open letter calling on all AI labs to immediately halt training systems beyond GPT-4 for at least six months. The letter warns of an out-of-control race with profound societal risks, urging regulators to step in if labs refuse to pause.

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    Goldman Sachs says AI could replace 300 million jobs

    Goldman Sachs just released a report warning that generative AI could replace the equivalent of 300 million full-time jobs. The technology could automate a quarter of work tasks in the US and Europe, hitting administrative and legal professions hardest. Why it matters: While the transition could squeeze white-collar wages in the near term, the bank argues a resulting productivity boom could lift global annual output by 7%.

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    Apple buys WaveOne to shrink videos with AI

    Apple has quietly acquired WaveOne, a Mountain View startup building AI algorithms for video compression. The tech uses "content-aware" scene detection to cut video file sizes by up to half while prioritizing key elements like faces. Why it matters: The technology could massively trim streaming bandwidth costs for services like Apple TV+ while keeping playback smooth on weak connections.

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    Microsoft reportedly cuts off Bing data for rival AI chatbots

    Microsoft is threatening to cut off search engine rivals from Bing’s index if they keep using the data to power their own AI chatbots, according to Bloomberg. The tech giant reportedly warned partners that feeding Bing data into competing chat tools breaches their contracts, effectively walling off its search moat as the generative AI race heats up.

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    Thieves use AI voice cloning to con Texas parents out of $5K

    Scammers in Texas just used AI voice cloning to impersonate a couple's son, fabricating a hit-and-run crash to swindle $5,000 in fake bail money. Experts warn criminals can clone convincing voices using short public audio clips from social media. It serves as a stark reminder to establish family safe words and verify emergencies.

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    Bill Gates declares the age of AI has begun

    Bill Gates just published a memo calling modern artificial intelligence the most revolutionary technology he has seen since the graphical user interface in 1980. After watching OpenAI's GPT ace an AP biology exam with a top score of 5, Gates argued that AI will reshape healthcare and education while helping eliminate global inequities.

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    Sam Altman is 'a little bit scared' of AI

    OpenAI CEO Sam Altman and CTO Mira Murati sat down with ABC News to discuss GPT-4 and the societal shifts ahead. While calling AI humanity's greatest technological leap, Altman admitted he is genuinely worried about large-scale disinformation and automated cyberattacks. Altman stressed that society has limited time to figure out safety and regulation before less cautious players enter the race.

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    US rules AI-generated art can't be copyrighted

    The US Copyright Office just ruled that images generated solely from text prompts in tools like Midjourney can’t receive copyright protection. Officials compared writing prompts to a client commissioning an artist, meaning the machine controls traditional authorship. Works combining human curation and AI elements may still qualify on a case-by-case basis.

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    UK pledges £900M supercomputer and annual £1M AI prize

    The UK government just unveiled a sweeping tech funding package in its spring budget, aiming to build sovereign AI and compute capabilities. Chancellor Jeremy Hunt announced a new £1M annual "Manchester Prize" for AI research over the next decade, alongside £900M to build an exascale supercomputer. It is an ambitious state intervention, though delivering on these multi-year targets remains an uphill political climb.

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    Stripe and OpenAI team up on payments and GPT-4 docs

    Stripe just teamed up with OpenAI to power global checkout, recurring billing, and tax compliance for ChatGPT Plus and DALL·E. In return, Stripe is integrating OpenAI’s newly launched GPT-4 into its own platform, kicking off with an AI-powered documentation search that lets developers query technical guides in plain English.

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    Microsoft cuts its AI ethics team as the race heats up

    Microsoft just laid off its entire AI ethics and society team as part of its recent 10,000-person job cuts. The group was tasked with ensuring ethical principles made it into actual product design, including flagging risks around rapid OpenAI integrations. Why it matters: As leadership pressures teams to ship AI at breakneck speed, the internal guardrails are being dismantled, even while Microsoft claims its policy office remains intact.

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    TSA taps AI scanner updates to cut unnecessary pat-downs

    TSA just rolled out an AI-based algorithm update to nearly 1,000 airport body scanners to slash false alarms and invasive manual pat-downs. The system moves away from rigid binary gender assumptions that often triggered erroneous flags, making checkpoint screening faster and less intrusive for all travelers.