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Industry

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

17 stories in the last 7 days

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    FTC cracks down on deceptive AI schemes

    The FTC just launched Operation AI Comply, targeting a sweep of companies using artificial intelligence to mislead and defraud consumers. Targets include 'robot lawyer' DoNotPay, which agreed to pay $193,000 over bogus claims, and AI writing tool Rytr for mass-producing fake reviews. Why it matters: Regulators are making it crystal clear that slapped-on AI branding does not exempt companies from existing consumer protection laws.

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    Hollywood stars rally for California’s AI safety bill

    Over 125 Hollywood celebrities and SAG-AFTRA members just signed an open letter urging California Governor Gavin Newsom to pass SB 1047. The controversial bill forces top AI developers to install guardrails against catastrophic disasters like cyberattacks. Why it matters: Entertainment icons are going head-to-head with Silicon Valley giants just days before Newsom’s September 30 deadline.

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    World's first AI art museum is coming to LA

    Media artist Refik Anadol and co-founder Efsun Erkılıç just announced Dataland, billed as the world's first museum dedicated to AI arts. Slated to open next year at The Grand LA, the project sits alongside cultural icons like MOCA and The Broad. Why it matters: AI art is finally getting a permanent, high-profile institutional home.

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    James Cameron joins Stability AI's board

    James Cameron just joined Stability AI's board of directors, throwing his weight behind generative filmmaking. The legendary director behind Avatar and Terminator called the convergence of generative AI and CGI the next wave of storytelling. His arrival gives Stability AI a massive creative ally as it tries to bridge open-source models with Hollywood.

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    Meta puts EU's voluntary AI Pact on hold

    Meta just confirmed it won't immediately sign the European Union's voluntary AI Pact ahead of the bloc's binding AI Act. While officials encourage companies to adopt key rules early, Meta says it is strictly focusing on mandatory compliance for now, though it might join later. Basically, tech giants are treading very carefully around Europe's regulatory minefield.

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    NVIDIA pledges $10M in AI training for developing nations

    NVIDIA just teamed up with the U.S. government and companies like OpenAI and Google on the Partnership for Global Inclusivity on AI. The effort aims to expand access to AI tools in developing nations, with NVIDIA pledging roughly $10 million in free training alongside GPU credits. Why it matters: Frontier AI has been heavily concentrated in wealthy regions, and this effort could help developers in emerging markets build local solutions.

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    Google sets up $120M fund to bridge the global AI divide

    Google CEO Sundar Pichai just announced a $120M Global AI Opportunity Fund at the UN Summit of the Future. The company plans to partner with local nonprofits to bring AI education and training to communities worldwide, aiming to stop an AI divide before it widens.

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    Sam Altman says superintelligence could arrive in a few thousand days

    OpenAI CEO Sam Altman just published a new essay titled The Intelligence Age, predicting that superintelligence might be just a few thousand days away thanks to deep learning scaling predictably. He argues massive compute and energy infrastructure will be essential to ensure AI drives shared prosperity rather than becoming a resource fought over by the wealthy.

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    Gunpowder meets AI: Cai Guo-Qiang lights up LA skies

    Gunpowder artist Cai Guo-Qiang just debuted a massive daytime fireworks show in Los Angeles designed in collaboration with 'AI Cai,' a custom multimodal model trained on his archives and favorite philosophers. The performance deployed 2,300 explosive-carrying drones and 10,000 fireworks across the stadium stands to visually manifest AI-generated answers about humanity's future. Why it matters: Cai sees gunpowder and AI as identical twins of creative unpredictability—both dangerous, hard to control, and capable of sublime awe.

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    Jony Ive confirms secret AI device with OpenAI

    Jony Ive just confirmed he is teaming up with OpenAI CEO Sam Altman to build a new AI hardware device. Designed by Ive's firm LoveFrom and staffed by key former iPhone engineers, the venture could raise $1 billion by year's end. Specifics and release timing remain under wraps, but they're aiming to reinvent computing beyond traditional software.

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    Meta Connect 2024 preview: budget VR, AR glasses, and heavy AI pushes

    Meta is gearing up for its annual Connect conference, where Mark Zuckerberg is expected to unpack major Meta AI updates across apps like WhatsApp alongside new Llama models. Hardware leaks point to a cheaper Quest 3S headset, fresh Ray-Ban updates, and a glimpse of the Orion AR glasses. Meta is tying its AI chatbot push directly into mainstream wearable hardware.

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    Qualcomm makes a move on struggling Intel

    Qualcomm just approached Intel about a potential takeover, according to the Wall Street Journal. Intel has been reeling from costly setbacks and slow AI progress, having recently announced $10 billion in cost cuts and over 15,000 layoffs. The megadeal would upend the chip market, though severe antitrust scrutiny makes completion far from guaranteed.

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    Microsoft is reviving Three Mile Island for AI power

    Microsoft just signed a 20-year deal with Constellation to restart the shuttered Three Mile Island nuclear plant, exclusively buying 100 percent of its output to fuel expanding AI data centers. The site is slated to come back online in 2028 pending regulatory approval, supplying over 800 megawatts of carbon-free energy. Why it matters: Training and running massive AI models requires enormous electricity, and nuclear power is fast becoming the answer for reliable, clean baseload energy.

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    Genmab puts ChatGPT Enterprise into 2,000 hands

    Biotech firm Genmab just expanded ChatGPT Enterprise across its entire organization, issuing over 2,000 licenses under its "AI Everywhere" initiative. Teams built over 100 custom GPTs to draft clinical trial documents and translate research, reporting an average time savings of 3.5 hours weekly. Why it matters: It shows frontier LLMs moving past generic productivity into complex, regulated biotech workflows.

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    LinkedIn is training AI on your data by default

    LinkedIn just quietly opted accounts into training its generative AI models without asking, only updating its privacy policy after the fact. Users can switch off the "Data for Generative AI Improvement" toggle under privacy settings, but opting out won't undo models that have already been trained. EU, EEA, and Swiss users are currently excluded.

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    Nvidia puts wireless networks and genAI on the same platform

    Nvidia just launched AI Aerial, a computing suite for designing, simulating, and running AI radio access networks (AI-RAN). It allows telecom providers to optimize 5G and 6G networks while hosting edge generative AI workloads on the exact same infrastructure. Nvidia is also teaming up with T-Mobile, Ericsson, and Nokia to fast-track commercial adoption.

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    Apple's visionOS 2 smooths out the Vision Pro

    Apple just rolled out visionOS 2, bringing much-needed quality-of-life updates to the Vision Pro. The update adds intuitive palm and wrist gestures, Bluetooth mouse support, keyboard passthrough awareness, and the ability to convert 2D photos into 3D spatial pictures. While it won't solve hardware limitations like weight or price, it makes daily use significantly less frustrating.

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    T-Mobile taps OpenAI's o1 to rebuild customer service

    T-Mobile just teamed up with OpenAI to build IntentCX, a customer service platform powered by OpenAI's APIs and the new o1 model. Slated for rollout next year, the system parses support call transcripts to pinpoint customer pain points, aiming well beyond conventional chatbots.

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    US to host global AI safety summit in November

    The Biden administration just announced plans to host the inaugural meeting of the International Network of AI Safety Institutes this November in San Francisco. Technical experts from 10 partners, including the UK, Japan, and the EU, will coordinate safety standards ahead of the Paris summit in February. Why it matters: With domestic AI legislation stuck in Congress, the White House is turning to international alliances to set common guardrails.

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    Snap's new standalone AR glasses bring OpenAI outside

    Snap just unveiled its next-gen AR Spectacles, packing dual Qualcomm chips, hand tracking, and OpenAI multimodal integration into a standalone headset. The glasses feature auto-dimming lenses for outdoor use and run their own Snap OS without tethering to a phone. Why it matters: While consumer AR is still far off with a 45-minute battery life, Snap is beating Apple and Meta to outdoor camera-enabled AI by leasing the kit for $99 a month.