NO FAKES Act aimed at cracking down on deepfakes reintroduced in US Congress – this time with support of Google and OpenAI

A bipartisan bill aiming to crack down on unauthorized deepfakes has been reintroduced in the US Congress, with the support of the music industry and other creative sectors, joined this time by some major tech companies. The Nurture Originals, Foster Art, and Keep Entertainment Safe (NO FAKES) Act was originally tabled in the Senate in…

Read Full News

Former OpenAI technology chief Mira Murati launches rival start-up

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Mira Murati, OpenAI’s former chief technology officer, has launched a rival artificial intelligence start-up focused on making the technology widely accessible. Murati, 36, on Tuesday unveiled Thinking Machines Lab, a product and research organisation, which…

Read Full News

From GEMA’s copyright lawsuit against OpenAI to Hipgnosis’ $1.47bn ABS deal… it’s MBW’s Weekly Round-Up

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. Add another to the music industry’s copyright lawsuits against…

Read Full News

OpenAI Academy launches to invest in developers, organizations using AI

OpenAI Academy will invest in developers and organizations utilizing AI technology to solve challenging problems and accelerate economic growth in low- and middle-income countries. The Academy will also ensure developers in diverse communities worldwide have access to AI technology, training and technical resources to enhance their efforts.  The company says it is looking to invest…

Read Full News

A new fund that allows investment in private tech firms like SpaceX and OpenAI has seen its market value surge as much as 818% in 2 weeks

A female SpaceX employee is suing the company for discrimination and retaliation.Eva Marie Uzcategui The Destiny Tech100 fund has soared as much as 818% since its debut two weeks ago. The closed-end fund offers investors access to companies that have yet to go public. Some of the top holdings in the fund include SpaceX, Epic…

Read Full News

Back to Reality: OpenAI Leads the Charge Against AI Hallucinations

AI “hallucinations” are among the key concerns about AI-generated content. OpenAI is developing a new process to improve the answers provided by its platform, ChatGPT. Platforms like ChatGPT can be helpful tools for content writers, but only when you understand AI’s limitations. One key concern is when the platform “hallucinates” false answers to a topic….

Read Full News

Billionaire Jeff Bezos and Cathie Wood Joined Microsoft, Nvidia, Amazon, and OpenAI in Funding 1 of 2024’s Most Intriguing AI Start-Ups

There’s little question that artificial intelligence (AI) has been on a hot streak over the past year or so, and that trend shows little signs of slowing. It isn’t just average investors that are bullish on these developments. Billionaires, venture capital firms, and some of the world’s biggest tech companies have AI fever — and…

Read Full News