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Here's the latest tech news from the last 24 hours:
🍎 Apple wants to use the news to help train its AI models
💸 OpenAI in talks to raise new funding at $100 bln valuation
⚖️ AI companies would be required to disclose copyrighted training data under new bill
🚫 80% of Americans think presenting AI content as human-made should be illegal
🎃 Microsoft just paid $76 million for a Wisconsin pumpkin farm
🍎 Apple wants to use the news to help train its AI modelsLINK
Apple is in talks with major publishers like Condé Nast and NBC News to license news archives for training its AI, with potential deals worth $50 million. Publishers show mixed reactions, concerned about legal liabilities from Apple's use of their content, while some are positive about the partnership. While Apple has been less noticeable in AI advancements compared to OpenAI and Google, it's actively investing in AI research, including improving Siri and other AI features for future iOS releases.
💸 OpenAI in talks to raise new funding at $100 bln valuationLINK
OpenAI is in preliminary talks for a new funding round at a valuation of $100 billion or more, potentially becoming the second-most valuable startup in the U.S. after SpaceX, with details yet to be finalized. The company is also completing a separate tender offer allowing employees to sell shares at an $86 billion valuation, reflecting its rapid growth spurred by the success of ChatGPT and significant interest in AI technology. Amidst this growth, OpenAI is discussing raising $8 to $10 billion for a new chip venture, aiming to compete with Nvidia in the AI chip market, even as it navigates recent leadership changes and strategic partnerships.
⚖️ AI companies would be required to disclose copyrighted training data under new billLINK
Two lawmakers have introduced a bill to make AI companies disclose training data sources to address copyright concerns.
The proposed AI Foundation Model Transparency Act would enforce transparency about data usage, model risks, and computational power.
The bill aims to become federal law, reinforcing the Biden administration’s efforts to set AI reporting standards.
🚫 80% of Americans think presenting AI content as human-made should be illegalLINK
A survey by the AI Policy Institute found that 80% of Americans believe it should be illegal to present AI-generated content as human-made.
The poll highlighted ethical concerns, with 84% considering it unethical to use AI for writing stories with fake bylines, even across political divides.
Despite discrepancies about Sports Illustrated's use of AI, the need for disclosure of AI-generated content in media is emphasized as a consumer right.
🎃 Microsoft just paid $76 million for a Wisconsin pumpkin farmLINK
Microsoft purchased 407 acres in Wisconsin, which includes a pumpkin farm, for $76 million to build a data center.
The Creuziger family's land was much undervalued at $174,200 before the sale to Microsoft.
The village of Mount Pleasant expects investment growth after the sale, despite Foxconn's reduced commitments in the past.
Other news you might like
Apple unveiled Ferret, a multimodal LLM, as open source, marking its foray into the AI landscape and hinting at iPhone AI integration.LINK
Sam Altman, OpenAI founder, has diverse investments spanning from life-extending biotech and fusion energy to AI hardware and supersonic travel, while facing a crisis with self-driving company Cruise.LINK
Humane's AI Pin, a $699 screen-less wearable with AI services and hand-projection capabilities, begins March 2024 deliveries, subscription required.LINK
ChatGPT drafted complex legislation in 15 seconds, leading to debate over AI's role and potential biases in political processes.LINK
As solar panel installations peak, 'urban mining' efficiently recovers valuable materials, promoting a sustainable lifecycle despite economic and logistical recycling challenges.LINK
Google struggles with SEO spam exploiting long-tail keywords and local search mechanics, calling into question the search engine's current defenses and ranking strategies.LINK
Bluesky's posts are now accessible without login, offering public visibility with a toggle for discouragement, alongside unveiling a new butterfly logo.LINK
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