AI News Weekly – Issue #370: AI companies lose $190 billion – Feb 1st 2024
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In the News
AI Companies Lose $190 Billion After Dismal Financial Reports
Following disappointing quarterly earnings results by Microsoft and Google owner Alphabet, Reuters reports that AI-related companies lost a whopping $190 billion in stock market value.
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In The News
Google Publish Lumiere: A Breakthrough in AI Video Generation
Google has recently introduced Lumiere, a state-of-the-art artificial intelligence (AI) model, signaling a significant technological leap in AI-generated videos.
Generative A.I.’s Biggest Impact Will Be in Banking and Tech, Report Says
For some companies, the new technology is an opportunity to enhance productivity and profit. Will their workers benefit as well?
Germany, France and Poland announce the ‘Weimar triangle’ for AI
Three leading member states have formed a political alliance to push for better coordination between national plans and investment in artificial intelligence with EU policies relating to the sector.
Applied use cases
Fortnite has a problem with racist AI art
Fortnite is under scrutiny after a disturbing number of offensive AI-generated images were discovered within its user-made game database.
More than half of UK undergraduates say they use AI to help with essays
Teachers also using the generative technology to aid with lesson planning, with hopes it could ease the burden of their workload
Can This A.I.-Powered Search Engine Replace Google? It Has for Me.
A start-up called Perplexity shows what’s possible for a search engine built from scratch with artificial intelligence.
Ethics
Explicit Taylor Swift AI images cause legal panic
Last week, explicit images of Taylor Swift created using AI were shared across Twitter (X), with some posts gaining millions of views.
ChatGPT accused of breaking data protection rules
Italy’s Data Protection Authority (GPDP) has uncovered data privacy violations related to collecting personal data and age protections after an inquiry into OpenAI’s ChatGPT.
How a fake, 10-second recording briefly upended New York politics
A Manhattan Democratic Party boss let loose in a profanity-laced tirade against a sitting elected official.
Robotics
Why are so many robots white?
Problems of racial and gender bias in artificial intelligence algorithms and the data used to train large language models like ChatGPT have drawn the attention of researchers and generated headlines.
Elon Musk’s brain-computer interface outfit Neuralink tests its tech on a human
Elon Musk’s brain-computer interface implant company Neuralink has begun its first human clinical trial.
BMW Putting Humanoid Robots to Work in Its Factory
As Gizmodo reports, automobile manufacturer BMW announced last week that it’s signed an unprecedented deal with the California-based robotics firm Figure to bring general-purpose humanoid robots into its Spartanburg, South Carolina factory.
Research
An empirical study on the response of the energy market to the shock from the artificial intelligence industry
This paper makes the first attempt to look at the response of the energy market to the shock from the AI industry and the role of AI in the energy market risk spillover network.
Deep Learning for Multi-Label Learning: A Comprehensive Survey
The review consolidates existing research efforts in DL for MLC,including deep neural networks, transformers, autoencoders, and convolutional and recurrent architectures.
Machine Learning in Soft Matter: From Simulations to Experiments
This review exclusively focuses on the current state-of-the-art progress in the development of ML techniques applied in the realms of soft matter, ranging from coarse-grained simulations to theoretical prediction on the structural formation and macroscopic properties, as well as the optimization and algorithm-aided design in experiments.
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GenAI presents immense opportunities for innovation, personalized customer experiences and streamlined operations. We explore how AI can transform roles and boost performance across business functions, customer operations and software development.
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