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McKinsey estimates generative AI could add $4.4 trillion to global economy annually
McKinsey researchers write that businesses will face challenges in adopting generative AI but stand to reap enormous benefits.
Samuel Wan 3 min read
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Meta previews consumer AI tools, from chatbots to photo editors to “stickers”
Many but not all of the upcoming AI tools are aimed at the public.
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US Senators raise concerns about ethical control on Meta’s AI-model LLaMA
The Senators believe that LLaMA can be misused for spam, fraud, malware, privacy violations, harassment, and other wrongdoings.
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Japanese regulators warn OpenAI against collecting sensitive data
Japan's Personal Information Protection Commission has cautioned OpenAI against collecting data without consent.
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Google, Microsoft invest in AI startups as battle for dominance heats up
Google and Microsoft ramp up AI investments, battling for dominance with strategic backing of innovative startups.
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Hoskinson proposes ‘generative AI-proof watermarking’ to thwart deep fakes
Countering AI deep fakes - technological advancements will soon make fakery indistinguishable from real life.
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UK Prime Minister Rishi Sunak considering new rules to regulate AI amid concerns of ‘existential threats’
Rishi Sunak makes efforts to update AI regulations for ensuring public safety amidst rapid technological advancements.
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Circle CEO says that AI bots are transacting USDC, creating wallets
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Sam Altman’s Worldcoin raises $115M in Series C round
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Adobe says Photoshop’s AI feature is aimed at accelerating creative use, not replacing graphic designers
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