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In a new study conducted by consulting firm CVL Economics, it has been found that generative artificial intelligence is posing a significant threat to jobs in the Hollywood entertainment industry. The study surveyed 300 industry leaders, revealing that three-fourths of respondents indicated that AI tools supported the elimination, reduction, or consolidation of jobs in their … Read more Hollywood Jobs on the Line with AI
TLDR: A bipartisan group of US senators has introduced a bill that would criminalize the spread of nonconsensual, sexual deepfake images created through artificial intelligence. The bill, called the Disrupt Explicit Forged Images and Non-Consensual Edits Act of 2024, would allow victims depicted in nude or sexually explicit “digital forgeries” to seek a civil penalty … Read more Swift AI visuals spark law banning nonconsensual intimate deepfakes.
TLDR Microsoft’s earnings for the second quarter of the 2024 fiscal year beat analyst estimates, driven by strong performance in its cloud segment. CEO Satya Nadella highlighted the growth of Azure AI and the company’s focus on scaling artificial intelligence. The success of Microsoft’s partnership with OpenAI and the expected AI adoption cycle were also … Read more Microsoft’s Earnings Call: 4 Crucial Insights to Grab!
TLDR: Microsoft’s strong Q2 results were driven by AI, resulting in a price target lift Microsoft reported strong fiscal second-quarter results, with revenue increasing about 17% year over year to $62.1 billion, beating Street estimates. Adjusted EPS also increased 33% from last year. The company’s AI strategy played a significant role in its success, with … Read more Microsoft soars with AI, earning a price target boost!
TLDR: Governor Jay Inslee has signed an executive order directing the state’s IT agency, WaTech, to develop new guidelines on generative AI like ChatGPT. The goal is to create more transparency with AI technology and observe the risks and/or benefits to Washingtonians. The order asks the state office of equity to oversee an accountability framework … Read more Governor Inslee’s futuristic stamp: AI revolution commences, ChatGPT takes charge.
TLDR: Computer scientists at the University of Chicago have developed a tool called Nightshade that can “poison” digital artwork to prevent image-generating AI models from engaging in intellectual property theft. Nightshade is part of the Glaze Project, a project led by professor Ben Zhao, which aims to alter how AI training algorithms perceive the style … Read more Nightshade: Artists’ Weapon Against Image-Generating AI Theft!
TLDR: – Artificial intelligence (AI), particularly generative AI, is becoming a major focus in the tech sector – Companies like TSMC, Nvidia, and IBM are gaining shares due to the AI boom, while Intel is falling behind As companies in the technology and adjacent fields release their Q4 results, investors are closely watching how artificial … Read more Tech earnings season fuels AI hunt for future champions.
TLDR: – The Galaxy Experience Space in NYC is hosting an immersive experience for Galaxy fans to get hands-on with the new Galaxy S24 series. – The experience highlights the AI features of the new Galaxy device, including Single Take, Photo Assist, and AI editing features. At the Galaxy Experience Space in NYC, Samsung is … Read more Experience Galaxy AI at the ultimate space: Galaxy Experience Space NYC!
TLDR: The White House held a meeting to discuss progress on President Biden’s executive order on artificial intelligence (AI). The executive order aims to regulate the risks associated with AI. Officials are focused on building guidelines and regulations for AI technologies. The government is partnering with industry experts to ensure responsible AI development. The White … Read more Biden’s AI executive order: White House thriving in tech advances.