Major publishers like The New York Times and The Washington Post are running an ad campaign demanding that the US government hold tech companies accountable for AI content theft by mandating payment and attribution for copyrighted material used to train AI models.
AI startup Krea secured $83M in funding, including a $47M Series B led by Bain Capital Ventures, to develop a platform that streamlines visual creation by integrating multiple generative AI models with a user-friendly interface for designers and visual creatives.
The AI market, encompassing technologies like computer vision, machine learning, and natural language processing, is poised for explosive growth, projected to soar from $244.22 billion in 2025 to an astonishing $1.01 trillion by 2031, with the United States leading the charge.
The NBA utilizes GenAI technology from WSC Sports to generate automated multilingual voice-over commentary for game highlights, achieving over 75% viewer completion rates in French, Portuguese, and Spanish, with plans to expand to more languages and AI content creation applications.
As generative AI systems raise novel challenges around data privacy, scope, temporality, and autonomy that undermine traditional consent mechanisms, experts call for new frameworks involving collective governance, technical safeguards, and legal reforms to protect data rights in the AI era.
SoftBank Group plans to invest up to $40 billion in OpenAI, with $10 billion upfront and up to $30 billion more by 2026, to support OpenAI's quest for Artificial General Intelligence and ultimately Artificial Super Intelligence for the advancement of humanity.
Alphabet's AI drug discovery subsidiary Isomorphic Labs secures $600 million funding from Thrive Capital to accelerate development of its AI-powered drug design platform and advance its drug candidates into clinical trials, leveraging technology like DeepMind's AlphaFold.
Amazon is unleashing its AI powerhouse, Amazon Nova, by launching nova.amazon.com, granting access to its advanced generative models for text, images, and videos, alongside the Amazon Nova Act SDK for developers to build AI agents within web browsers.
OpenAI, the AI research company behind ChatGPT, has secured a staggering $40 billion in funding led by SoftBank, valuing the company at an unprecedented $300 billion, enabling it to accelerate AI research, expand compute infrastructure, and bolster its Stargate joint venture with Microsoft.
In a blockbuster $113 billion deal, Elon Musk's AI firm xAI has acquired the social media giant X (formerly Twitter), valuing xAI at $80 billion and X at $33 billion, with Musk claiming the merger will 'unlock immense potential' by fusing AI with X's global reach.